Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. volente_00

    volente_00

    Close enough in my book
     
    #17691     Feb 8, 2018
    Visaria, nickynoes and ih201 like this.
  2. ih201

    ih201

    I used to stick to a particular % gain per day, I used to aim to make around 3%, if I was down on the day and got back to BE I'd stop at 1% gain. Anything close to 3% and I was done. Didnt get back to my desk till the following day. Go for a walk or to the gym. (Used to trade FX more then)

    Then increase the numbers and stick to your rules religiously... If you can't help yourself no one can help you!

    You are not missing out... you've gotten your piece of the pie for the day... let the rest pick up the crumbs.

    The mind man, its crazy.

    Not sure if this helps or you may have tried it - but it has helped me.
     
    #17692     Feb 8, 2018
  3. volente_00

    volente_00


     
    #17693     Feb 8, 2018
  4. SteveM

    SteveM

    Smart. Did you have firm loss-limits too? (Where you'd lose a certain amount and shut it down for the day no matter what)
     
    #17694     Feb 8, 2018
  5. volente_00

    volente_00

    :fistbump:
     
    #17695     Feb 8, 2018
  6. ih201

    ih201

    Yep - sorry 3% gain or loss... Max loss of 3% and done for the day
     
    #17696     Feb 8, 2018
  7. volente_00

    volente_00

    You need a smart phone to take to the gym to monitor and execute trades
     
    #17697     Feb 8, 2018
  8. nickynoes

    nickynoes

    Yeah it is insane how you can feel bad for making 5% on your account. My biggest issue is just that I get too emotional and lose my rules. Gotta learn to recognize when its happening and just stop.


    Havent heard that in a long while, gave me chills, thanks man.

    Made another 1%. Up 6.7% for the day now, I really have to call it and relax now. There will be plenty of opportunities tomorrow.
     
    #17698     Feb 8, 2018
  9. ih201

    ih201

    Also +14 on that last short of the day for me :D. I'm really done now
     
    #17699     Feb 8, 2018
  10. volente_00

    volente_00


    H&S for the win
     
    #17700     Feb 8, 2018