Been there done that.
One way to avoid that in the future is to cut your losses faster than cutting your profits!
Good luck you survived.
I'm not a scaling out fan. I ride it all the way to the top/bottom and get out just after it turns down/up on my long/short.
Don't set your...
All this blackjack theory/gambling related to trading is bull crap.
One simple rule: Do not go against the market - random or not random....
That's simple. Don't trade as much. Be more patient. I wish I could take my own advice.
Who do you trade with?
Good luck. Let us know how it goes from time to time.
I say take a break from trading for a week or two. During that time ask yourself if you would be happier as a trader or doing something else. Cuz...
I think all you need is a little R&R (rest and relaxation) for about two weeks. Take a vacation and forget about the markets for a while. Try...
I got 2 tips for you for the meantime.
1. Doors are hard.
2. Cut your losses.
Master the second one then we'll talk more.
Swifttrade is a good place to get your feet wet about day trading.
It's all up to you if you'll learn to trade and go on to become a successful...
I agree with maniactrader. Trading is a full-time commitment. If your not fully committed for the next 2 years and beyond... forgettaboutit.
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