Spent the weekend reviewing my copy of âCome into my Trading Roomâ. I must have picked up something the first time I read it...
Check out "What it takes to be a successful trader" in this thread.
1) Have a well thought out plan
2) Have the discipline to follow the plan!!
Golf is like sex
You don't have to be good at it to enjoy it.:D :D
Exactly; Let us know how this works out for you.:D
What it takes to be a successful trader,
First and Foremost you have to be willing to work.
I know this is not what you want to hear but...
Lets see; in the past 30 years things have speeded up considerably.
Iâve gone from getting my quotes from the morning paper and phoning my...
An aggressive order chases the price
A passive order wait for the price to come to it.
Ah but the one legged duck doesn't swim in circles any more than the one legged man walks in circles.
The one legged duck make ajustments and...
sound like a set-up to me:)
When you enter a trade, there has to be a reason behind you doing so.
It may be subconscious but itâs there....
You know what you are doing wrong
How do you propose to fix the problem.
I'd suggest a set of rules that you can make yourself follow. If...
Trading costs; slippage and commission
Money management. Few traders will bet a set amount. If you enter your trades then set...
How do you plan to manage risk?
Do you have a trading plan?
If you want help, start out by explaining how you managed to take 100K to 36K.
You make the rules as to when you will take a position.
When you put on a position you are betting that the market will move in your direction....
In order for insiders to make money they have to use the info they have. If they buy or sell securies in any great amount, this activity will...
I haven't come across one where I get to make the rules or quit while the game is ongoing and take all or part of my bet back.
You are right about commissions. Once you decide to play you have to pay the house a little bit that you will never recover. A small price for...
I like the poker analogy also. Especially online poker where you donât see who your opponents are.
If you have a planned strategy, ie only...
I take it you understand the concept of card counting and the edge that it will give the skilled player.
You also know that even with a very...
Separate names with a comma.