AHG - Profitable Strategy for Struggling Traders

Discussion in 'Journals' started by Anekdoten, Jul 19, 2007.

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  1. Loving NQ, hope it's not the sample data I have traded with.

    Anek
     
    #1381     Sep 12, 2007
  2. Nice H&S breakdown the last 50 minutes or so of trading today!!! Sweet
     
    #1382     Sep 12, 2007
  3. Razor

    Razor

    Hey,

    Net Gain +$219 on the day, 10 trades NQ, 2 of the trades where I did an add as per Anek, one hit b/e, one nice gain to basically take me from down $80 on the day to up $219 on the day :D

    Did one AAPL trade for a nice gain.

    Cheers :D

    Edit: Just to point out that yes, you can have 10 trades during the day and basically just catch that one trend that takes you from a loss on all the other trades to a nice gain on the day. Gotta have the eggs to ride that trend. Lots of small stops a few breakevens and one or two large trend rides is the way for this method IMHO.
     
    #1383     Sep 12, 2007
  4. Way to go Razor :p

    ~Cx
     
    #1384     Sep 12, 2007
  5. The key to successful trading is averaging small losses and big wins.

    It just requires concrete education in technical analysis solid good money management and the very best of discipline.

    Anek
     
    #1385     Sep 12, 2007
  6. Razor

    Razor

    Cheers :D


     
    #1386     Sep 12, 2007
  7. You seem to be getting pretty consistent lately.

    The good news is from here you only get better, up to a point where you absolutely toy with the market.

    Great job.

    Anek

     
    #1387     Sep 12, 2007
  8. Razor

    Razor

    Cheers :D

     
    #1388     Sep 12, 2007
  9. On top of what Razor said, which is all true.

    Never ever should you allow yourself a single trade to become a large loss.

    Five small losses in a row, sure, np.

    One big loss, never.

    Anek
     
    #1389     Sep 12, 2007
  10. NQ afternoon.

    Anek
     
    #1390     Sep 12, 2007
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