Pro Golfers and Veteran Carpenters can accomplish superior results regardless of what tools you give them. Itâs not the tools. Itâs knowing...
That says it all.
I'll mention this again then leave you alone. If you don't have the discipline to follow your plan on a sim, well you know the rest. A good...
I'm not really interested in your specific strategies Iâm interested to know how you have determined that they donât work. If you are...
Why isn't your strategy working? Low % of winners? Stopped out too soon? How many trades have you taken to determine it's not a good strategy?
My 10 cents worth. You have to question each of your trades. Why did I open this position? Why am I still in this position? If your...
Yes Yes: Just like you can blow your account out by adding to a loser. If you can hang in there and add to a winner, you can have a few...
You get what you pay for. You're only as good as your last call.
If thats what you planned to do then consider it a good trade. If you're making it up as you go along (letting emotion dictate your actions) then...
Do you have an exit procedure for each of your set ups? An if/then course of action for every possible situation. If the price does this...
Here's how you do it. http://www.elitetrader.com/vb/showthread.php?s=&postid=2575353#post2575353
Replace persistence and determination with discipline. Read your journal as if someone else wrote it and youâll be able to find the answer....
Sounds like a coin flip. But with a coin flip you don't have to deal with commissions.
Not at all. :) After reading about your day I just wondered.
Are you sure about that? Did you define your edge? Was each set up the same? Did you know going into the trade where your exits were?...
A quick search of the OP's other posts he is looking for a method that will return 100% per year. I don't have that :D
Treat it like a new trade. At this point in time would you get in, get out or stand side? If you would get in how much would you put at risk?...
Too bad you have to use Scottrade: At $14.00 per round trip it's cost you $5194 just in commissions.
QT: You seem to have narrowed down what you are doing wrong. Now stop doing it.
Look at the horror stories on ET. When a trader blows out an account itâs usually because they average down or let their losers run. Youâll...
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