RN, Well said. I am just trying to stress the paramount importance of hard stops for those in their first 18 months (like me!)... The money...
Ooooops.....
Skill?? I think loss control should NEVER be left to the nut behind the screen. Has this nut not been behind every huge wipe-out in history?...
http://www.elitetrader.com/vb/showthread.php?s=&threadid=178762
It just occurred to me after reading yet another thread ... http://www.elitetrader.com/vb/showthread.php?threadid=177986 ... on catastrophe days,...
There is a point of diminishing returns when it comes to productivity. A mature economy such as ours reaps increased productivity in terms of...
Thanks I will look at it..
There is little doubt in my mind I will do well over time but I will build up based on the irrelevance of predicting and the folly of price...
:p
The fact that we have initially run and died on every "good" report last week were the clues.. The one to NQ 1668 was the shot across the bow....
Such is the way of the beast.. You know many here on ET were busy going long on the way down.. Do not try to tame the beast.. humbly and cowardly...
Perhaps... The reason for the vent here is long-term profitability is impossible without this final skill I MUST crack.
TAKE EVERY TRADE, SIT BACK AND MOVE STOPS... It is not my business to predict where a move will end!!... damn it!
Attached... VERY hard to get over.. taking rest of day off.. TAKE EVERY TRADE AND SIT BACK!!!
Trading futures only... I will look at both Open E Cry and ProRealTime.. Thanks
Trendlines as I know them are drawn manually every time. I am not looking for computer automation for this.
This would be most useful as a trailing stop loss.. I am yet to find any way to properly trail a position. Most I have seen are linear. This way...
Does anyone here know of a platform where you can right-click a trendline and instruct to close, reverse,.. etc on price close through the...
Anyone here watching this?... Good Trading
Fully agree... I posted a while back all you need is your trading platform and nothing else... Technology on a grand scale has a goal and that is...
Separate names with a comma.