Why get upset by losses? They are part of the game. It's NORMAL! Do you think a major league baseball teams expects to win ALL their games? Hell...
File an amended return if you want your money sooner versus later (next year)!
MB Trading has 2 plans, one per share and one per trade. Disclaimer: I use MB Trading. http://www.mbtrading.com/fees.asp?lft=hme&hlt=11
If you read my original you'd have seen I answered the question he posed ... I accept it and don't get all worked up. Most good traders I know...
Not sure if you mean you take a big hit or just have a losing trade. No system, mechanical, intuitive or otherwise is 100% successful so losses...
Nothing wrong with the short side ... to only play the long side is incredibly limiting IMO.
Everyone is different, but to hate your profession, in my opinion, is unfortunate. I love trading for the freedom it gives me. Your...
For a couple years I used to stare at hundreds of charts each night, read IBD, WSJ, Jag Notes, etc. And all that takes a heck of a lot of time....
Good post ... I did something similar and now trade QQQ and SPY 80% of the time. And it isn't rocket science to make money trading the above ...
And you attribute the above to clearing costs? After 7 years I'm finding it easier to make a decent living. Trades cost next to nothing. Then...
< I watch stocks that last year would make me a ton of money, now stay in a 20 cent untradeable range for hours on end. > Nothing wrong with 20...
5 million share block went off ... that didn't hurt! Plus 130 million shares traded today versus the average of just under 50 million. I remember...
< I do go both short and long.. I didn't mean that I only go short.. The point I was trying to make is that I see the market start to move......
< This is a trading thread, and I called the S&P to rise to 950 in this thread, and then took alot of static from the ET garb. I'll take those...
< Is there a software, or site, that will analyze the hot stocks each day > Plenty of software packages out there where you can write your own...
< On a long-term basis we are still at relatively low price levels. > Actually I think valuations are quite high relative to growth potential....
< whats killing me is when I see the market start going down.. I think.. its going down.. I better get in.. and I do.. and I lose.. > When the...
< Short covery, they were freked out.... > I waited until it appeared the Dow wouldn't go positive to go short.
< buyers > They'll go away ... seems we've pulled back the past few days and I expect the same again. Looks like a little pullback now. heck, I...
< How do make me more discipline? Will having a trading log help? > As far as discipline, you need to follow your system and not second guess...
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