No, I didn't eat an investor -- I had pizza tonight. Comparing your returns to a passive market index is a common way of determining whether you're actually making any gains compared to passive investing in a Vanguard fund. Hell, Sharpe ratio calculations are a LOT more conservative than S&P; they usually use treasury note rates as their comparison.
When your trading your a free lancer i think if your constantly measuring your worries too much the experience and potential Exponential gain to get outweighs any given year performance
No, no, intraday. However, today Monday I started very badly. Let's see how the week ended ... The market is not easy friends.
I thought the market was going to fall. This big 4 hour red candle has fooled me. Again the price has bounced off the support
Different strokes, I guess. If I don't beat S&P over the long term, I feel like I'm wasting time, because investing in a Vanguard index fund could get me the same/more money. Unless trading is a hobby (which is fine! It's partially that for me), and some underperforming years are worth it for the fun).
do you consider a 'signal' or a 'setup' or an area of interest to be the same as or a step toward an 'entry trigger'? what entry triggers do you like? what timeframe? Thx
Sure you are right but what iam saying long time is defined differently most traders go 5 years if not kore losing Should they have given up? of course Not the idea is in the long run 20-40 years you will Come out ahead In theory at least
An area of interest keeps me alert. My trigger the same price. The timeframe depends on the volatility of the market, although normally with the price in range I do not operate. Manage risk, you never know for sure where the next candle will go. There is no magic plan, the market is difficult, so you don't want to be right. Just quit when you're wrong. (It's easier said than done, sometimes I still want to be right, I have to fix that)