If your trading plan isn't working, just put out here on ET and maybe someone will give you some ideas how to improve on it. Probably for FREE!!. That's what trading communities are for. Don't expect someone to hand you a strategy, but if you tell the group what you are doing you might get some constructive advise. Just that easy!!
Yes sir Leob, Same here. I do not have time to be manual back testing. best to guess and gamble based on trading experience. Stare at the chart and guess every day for few hours and be done. Move on with life.
Hello deaddog, If it is that easy, why I do not see any other ET members posting their trading plan yet? Show me one post where someone post their trading plan and asking for help? Show me where someone posted a chart and trading plan asking for help? The only help is someone show someone EXACTLY how to make money step by step in real time with their chart running and placing trades for XXX trades. There is no other help to offer.
I have no idea why others are not posting their plans. I suspect that they don't have one. Or they are afraid that someone will steal their plan and make it work Or they realize that they have a viable plan and the problem is the trader not the plan. What is the reason you are reluctant to post yours?
Hello deaddog, Duh, because I do not want anyone to see what I am doing that can possible make me alot of money for me. The same reason noone else shows their chart. In addition, all everyone going to say is to just go practice it and see if it works. Noone can tell someone else how to trade and what works. You do not know where the edge is. if you did you be a millionaire and you will not share with anyone. Noone is going show their chart cause someone like me can program their trading idea or strategy and test it in one day to see if has edge and trade someone else hard work.
Hello deaddog, How can you help me or Leob or anyone else making money trading? Please explain. My advice to Leob is too 1. Stare at chart 2. Look for an entry based on his trading belief or some trading theory online or book 3. Guess at an exit 4. Repeat step 1 through 3 until PnL goes up for 1 year in SIM.
Afraid to fail in trading, maybe this is good and no good because this is included in psychological disease, afraid to fail to mean fear of losing money, hence they still fear although the market gives a good opportunity, but afraid to fail might make secure money because of no trade.