macattack; I'll ask again, what is holding you back? Why are you not achieving what ever goals you set for yourself? Answer that question...
What is holding you back?
Maxpi: Great analogy; I would add that as a trader you have the advantage over your opponent. Although Mr. Market gets to choose the...
That would be my preference. At minimum I would move stop to breakeven. The book doesn't mention trailing stops. The Author set out to prove...
This is a method suggested by Gallacher in his book âWinner Takes Allâ Enter position with 2 units for this example @ $100 Target is set...
What does your business plan say? No business plan? Back to the drawing board.
Why would anyone want to fail? I would like to see more how to succeed topics.
If the nay sayers are motivated to help the newbies then explaining why they were unable to succeed would be of more value than proclaiming that...
Ask yourself why did I have 2 mini blow ups in two weeks? It does sound like you got away from your trading plan for some reason other wise...
I don't feel bad at all. I actually feel that part of my edge is having a plan and the discipline to follow it. But then everyones "edge" has...
The way I read the system was that if the entry was 100 the target would be 120 and the stop 95. When price hit 120 the target would be 120...
That is the whole point. To have an edge you must have a plan that you follow. Without the discipline to follow the plan you lose your edge.
I did read the one you recommended,"Winner take all" Had to buy it as I couldn't find one in a library. What i got from it was that TA is a...
Put your entry where you normally put your stops
Make it a SMART Plan Specific Measurable Aligned Realistic Trackable
Back testing should be part of your plan. You know the part about how you know your strategy will work.
One you would trust to trade your own money.
Ah it's only the traders that try to make a killing in NYC that fail.LOL
Link to your Facts??
Thats the problem. Very few treat trading as a business. I've also heard that a good percentage of businesses fail. Poorly capitalized and...
Separate names with a comma.