What instruments do you want to trade? What strategy, what timeframe? Do you have another primary source of income to support you while you...
Would guess yes - in case you are trading in the direction of a predominant trend. It should be more likely than not, that the trade would end up...
Could it come from traders closing their daily profits of a trade with a trend, which can reverse the price slightly?
Thats amazing statistics! What instrument do you trade? What is your strategy if i may ask?
Good question. Why do we always want to improve sth, that is already working fine?
Thanks! I believe it is a very interesting topic. Also more broadly - how and why will humans always be "better" than robots (at least that is...
Such a pity. 11months to be profitable and consistent is very good!! Are you trading fulltime? Or as a hobby, and planning to go fulltime in the...
May I ask, if you are successful with stocks&equities - why would you want to move on to futures? Why fix if it isn't broken?
...and the opposite :D You can be a good teacher but a bad trader..
Sorry, are you asking me if I am trading manually and am profitable? I am trying to get there, have good and bad days :D
May I ask, why do you think not? Because of emotions? Do you trade an algorithm now that you coded yourself?
the random number generator? :D
You need to write into your trading plan when will you stop trading :)
In the case you mentioned, you would have to have 10,001 wins to recover one daily loss - very difficult, no?
The problem with your (theoretical) strategy that i see is, that you do not care about losses. If you do not make $100 you die and therefore the...
Awesome, wish you all the best for the future. So inspirational!!! :cool:
Agree with the above. Of course, the devil is in the details - deeper understanding of the points listed :D
I would say rules-based. Because it is easier to analyze past trades. Simple question: did I follow the rules or not? Easier to backtest than...
If you do not review your losses, there is no way of learning from them. It is the only way to get better in my opinion ;)
Emotions, overtrading, revenge trading were my biggest issues. Setting SL to BE too soon and exiting profits early. I am fighting these issues...
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