Daily Profit Goal

It wasn't more trading. It was a losing trade. Those happen regardless of whether one is up or down on the day.

If you have a consistent edge then it is your mind letting profits already made, affect your decision making on any other new trades taken later on.

 

Hello Jdesey,

Good question. Trade what makes you feel good day to day.

I trade on what makes me feel good. I don't have rules.

Whatever feels good I keep doing.

 

Solid advice.

 

BETA TRADER!

lol

 

what da???

what happened to elitetrader since I've been MIA? lmao

 

Good Evening .sigma,

Since you been gone, or MIA, everybody been trying to get rich man. Just trying to get rich.

 

Everybody?

Let me ask, why do you want to "get rich"? Just curious.

 

I think it is a great plan that one should follow.. I also like to follow this plan once i learn to trade. I started my journey recently so I am looking for Genuine mentors.

 

Errbody tryna get rich blood. It ain't worth it without the bling ya heard - SML's Uncle

 

A daily profit goal without a daily loss goal/limit is half baked. My priority is always protecting against large loses. 'Protect the downside aggressively & the upside takes care of itself'.