1st year of trading

Discussion in 'Psychology' started by keysertv, May 29, 2004.

  1. keysertv

    keysertv

    I like the way it sounds :)

    What was your first year like?
     
    #21     Jun 2, 2004
  2. keysertv

    keysertv



    I totally agree with you, I quit my day job too soon. However I have access to more capital I just feel like I am not ready psychologically to deal with more money yet.

    How do you guys handle increasing share size?
     
    #22     Jun 2, 2004
  3. MRWSM

    MRWSM


    I only increase size with profits, if you have a good strategy it will build up by itself, if not be thankful you didn't increase. :)
     
    #23     Jun 2, 2004

  4. I am assuming that your win/loss and average-win-to-loss ratios have been improving over the course of your first year to these current levels, since you would have been up much more if you had those statistics from day one. This suggests that you are improving, and that is very encouraging, especially since these are very good numbers.

    The fact that you made money in your first year of trading while trading with reasonable frequency sets you apart from most beginning traders by a wide margin. Very impressive.
     
    #24     Jun 2, 2004