Really agree with your last post. It has to do with having the evil thought of wanting to get the lost money back. On a related subject.......
Great answers everyone.. What worked for me: Daily loss limit with broker....
Boy, placing a stop quickly on the J trader is sure difficult. When things are slow moving and your not looking for a quick scalp the trade...
That post is so accurate it's scary! monee
Hey, everybody's makeup is different. Some people are happy with small consistent gains and using relatively tight stops. Other people can...
Once I got to the point where I could trade and consistently make more than I lost, the problem became to stick with what worked only and not be...
A little Zen... You cannot apply the principles of Zen until you know the game perfectly inside and out. Having the...
Great point H trader Very true about accepting missing market moves. You have to think that your setups work and they will catch...
This a.m.exiting the QQQ there was an arca bid .05 over the inside bid . I didn't trust it though and hit island which was at the inside....
www.holders.com This link shows the stocks which make up ETF's. monee:)
I had very similar problems when I had a dial-up connection. Switched to a cable modem and no problems. Did you try a ping test to Townsend...
Wow with the weak Sox and techs I guess, the divergence between the S&P and $Comp is sure unusual. Really makes signals strange . I'm sitting...
sure
Have often thought of this ... Its sort of a battle between looking for the smaller daily high probability gains vs the lower probability huge...
interesting point I also find cash charts better but don't you need the e-mini charts for placement of stops?
Great comment that 70 % of day traders will not only lose but will almost lose everything they invest. If they are day traders they are not...
not exit but maybe a tight trailing stop but this does eliminate the chance of the occasional windfall profit
What was learned: Trade was entered based on pure momentum with little regard for risk. Was actually a bad experience because...
Was long CPIH at about $42 and out at $62 with 200 shares. I was in the trade about a 1/2 hour. The stock was trading for about $2 a week...
Great post rs7!! What also helped me is to realize each trade is only 1 in a series of many. Also learned my personal mindset...
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