Interesting thread! For the past six months I was taking profits way too early. On average my average win/average loss ratio was 0.35. However I...
It seems like I have just now reached the "moment of clarity". According to John Carter's "Mastering the Trade", I am now moving from phase II...
Great! It took me almost a year to learn how to be disciplined and keep my emotions in check ... only to discover that my trading system is not...
At this stage, my trading strategy is still pretty much "work in progress". I have managed to significantly improve in certain areas but I get the...
Thanks for your help Jaytrade. it seems like you are my only friend out there. I understand your point and it makes perfect sense to me....
Hello everyone, I have now managed to switch the risk/reward ratio in my favour! For over 5 months now I have been taking tiny winners and...
Hi Jaytrade, thanks for your reply and for sharing your strategy. At this stage I prefer to stick to my strategy simply because the main...
Hello everyone, "Trading is a journey not a destination" I am trying to improve my trading by identifying problems and looking for...
This is in my view the reason for the development of my bad habits. I started trading in january and slowly improved my trading each month....
Thanks, that makes sense. However I am currently trading only 1 contract. Also I am not convinced that trading in simulation will help. All...
Hi Jaytrade, I really appreciate your help. So far I haven't been able to turn things around. I have attached the chart of a short trade I took...
Now comes the embarrassing part, my winning trade. Still the same old problem. Great entry, lousy exit. Actually lousy is not the correct word....
Good evening everyone, I took 2 trades today, both in the afternoon session. I did not feel comfortable in the morning. Actually I had the...
Hi Jaytrade, first of all thanks for your posts. I really appreciate your help. Of course you are right and I agree with your point of view. I...
Thanks IronFist, I see what your mean. I think I will try to take that concept a bit further and try not look at the P&L at all. I have to...
I suppose the volatility isn't much of a problem if your risk / reward ratio remains favorable. Instead of risking 15 points to make 30 I would...
Hi guys, The Dow has just now gone up by almost 900 points, then reversed and lost 500. It is impressive and certainly experienced traders can...
Hi guys, Some of you might be surprised to see me posting again after my last post. But I did not have the discipline to stop trading!...
well guys f.... it, I give up. This is my last post. I just don't have the discipline to do this... Time to get myself a real job...
Good evening, today I was satisfied with my discipline. Trade management could have been better though. Unfortunately I could only trade for a...
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