Simple rules seldom apply, complex rules are seldom applicable
we all get what we "deserve" from the market :)
Good money management and stops well placed (and obeying them!) For me that was much more important than any "edge" I might have :)
Well, I trade stocks because I believe in the abundance of oportunities during the day... As i trade less than a handful of setups, futures...
Daytrading stocks. around 33%. No overnight positions (well, most of the days)
Maybe it works for you. Trading wthout stops would never work for me (I daytrade exclusively stocks) Call it psychological, call it whatever...
I was invited to a dinner at a trader's house. He still is the best trader I've ever met, as well as the best mentor one could wish for
Dont do it. As Linda Bradford Raschke states in "The new Market Wizards" if you have a valid system, it means you have a valid system that...
An Edge is a working system... Specially if System definition includes discipline, proper money management, etc. What I really think is an...
Enough said!
Ok, lets compare our models. How would you rate these (i have long and short positions in the following list) aro cpn cxw hts mos qcor...
I agree... an analyst... Not a trader!!! LOL Best, vcir
Absolutely agree. Although my basket is a bit bigger (I follow 30 stock which made 92% of my trades last year), i follow the same principle....
I absolutely agree, No matter the trend, i always have some exposure on the other side (right now eleven open trades, three of which are short)....
I'm sorry, but i find this discussion a bit sterile... I look at the charts, and all i see is an uptrend. Most of my positions are long, and...
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