Entering Without A Setup ...

Discussion in 'Trading' started by Swan Noir, May 13, 2010.

  1. piezoe,

    You are misunderstanding my intent. These have been very good trades for me. I want to understand how others trade in similar ways so I can expand on my limited success. I do have a concern about being too "free form" but undisciplined or disciplined I can't ignore what has worked well.

    The more I understand about what goes in to making these trades winners the more likely I am to use them as an increasing part of my repertoire and, hopefully, to make more money.

    QUOTE]Quote from piezoe:

    I try to have the discipline to never do that because of the problem risky mentioned. There may be rare exceptions, but even if you end up sitting those out you will be ok in the long run if you maintain discipline, and that sometimes takes almost unbearable patience. Undisciplined trade entries have cost me a lot of money. [/QUOTE]
     
    #41     May 16, 2010