Yes, as we go about our entries and exits we are next to nothing, the market will do what it will do regardless. But we need to reconcile the...
Trading your own account is a game unto itself. We may share the same checkerboard and pieces with trading opm but the two are not nearly as...
Assuming this is true (who's delusional? :)) is probably the only way my argument holds -- that is, the market will not know whether you have 500...
Sorry for the misunderstanding. For me, I've never really thought to myself "hey, I think I can get 10 pts here, so let me widen my stop to 3"....
I never thought things would get this "personal", the intention from the start was just the setups but I have so much history of boom/bust that I...
It's a good point, but then let's take it a step further. You enter in with your initial 500, and it starts going your way. You are presented...
Aren't pairs trades assumed to be mean reversals and rising volatility/headline risk will just work against those? Isn't the question like asking...
Not too many "float" at 100k for 10 years straight, it's the nature of the business. You either grow bigger or grind down to 0 -- and start a...
You guys don't get it -- do you really think he's been pulling in a steady 100k year in, year out? Wouldn't your opinion be alot different if he...
Therein lies the challenge. You're absolutely right that cutting one's position size is the best way to deal with discipline issues and redirect...
Exactly- why bother to operate a chatroom if you can actually trade. If they actually came across something that worked, they'd probably shutdown...
That would never occur to me, your advice is always spot on. Discipline is a muscle that needs to be exercised daily -- it is definitely not my...
That's the hardest part, to walk away. It needs to be instinctual, an understanding that a discretionary trader cannot function with a...
P/L for this week: -5,300 on 376,000 shares 0, 0, -5,+5,-5 A relatively quiet week, yet a poor performance considering a position held from...
Gonna zero in on these 2 (good) points: "The system determines the target, not your position sizing." "Change in Risk = Position Size...
I thought it would be easier to present the issue in a hypothetical: It's a slow and sunny afternoon, perhaps a Friday before a 3-day...
RN, Tis an honor to have you lay out your mental framework here. Again I need a day or two to absorb all that you've written. Everyone is...
Like ammo mentioned, I really do try to tell myself each morning that all that I need is *one* good setup each day, to not push or force anything...
I usually cannot fully apply and stick to a rule until I absolutely comprehend the logic behind it, the "why" of it. If for example I find that I...
Today there was really nothing that cried out clear and loud for an entry, yet somehow I managed to post my highest volume in a week. But...
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