Both. feedback is always good but if this helps someone else then great.
Agreed and thanks for your feedback!
Yes it is... if I hit that on a 20k account in a day than it's gone too far. + evidenced by the lower risk model I would be better off overall...
Perfect. Someone should make an AA for traders...
Scalping the ES if you're not in Chicago, at the exchange, right next to the exchange is silly when competing against lower latency traders and...
Exercise Attached
Exercise attached.
Over Trading... I can honestly say that my biggest losing days were the result of better reasoning going out the window which lead to reckless...
On that note it's nice to see you're trading with real money because that's the only way to learn what works for you and learn about yourself in...
I have the belief that good trading is actually very very simple. We complicate it in infinite ways. Good trading should be effortless and that...
Thanks Contra.
Yes, I agree I was asking for that loss or it was just a matter of time because I started blowing my max risk stops then recovering and making it...
Intelligence helps and is an asset yes but I've seen intelligent people blow up accounts just as easy as anyone. The proprietor of a hedge...
If you think you're right you have no reason to cut a loss or set an initial risk on a trade because if you're right than there's no way for the...
That one hits home for me. Thanks for posting these!
When I am trading correctly and in the zone I do just what you described, be patient for the right time to enter, look for immediate follow...
Yeah i took a small loss the day before in comparison of about $2200 and then hit it hard the next day, was down 1k within 2-3 trades and then...
Yes, patience to get in, patience to get out and patience for the next trade!
Hey Brokerboy, I wasn't long with a lot of margin, I actually did very well shorting Crude Oil from 98.50 down and then got caught in the noise...
Attached is what happened and what I have learned.
Separate names with a comma.