My post was referring to an earlier post regarding my ongoing efforts to bring the market down for gamblingman. Who cares if she is hot, she gets half.
Gamblingmanâ¦...The line of least resistance is to just follow the trend. I too hope to become a profitable trader. I have adopted strict risk controls and try to limit my trades to 2% of my account. In addition, I try to trade only with the trend. Last year, I lost $246 and this year am down $434. One important thing I realized is that I should be pyramiding my position when the trend is strong and my trades working. Had I done that, I would have been in the black easily. My win rate is only 30% but, I try to keep losses small in the other 70% of the time I lose monies on my trade. One other thing, are you not trading too much? Did you say 2000 trades? I traded only 75 times last year. With pyramiding, around 170 trades in one year. Of course, my holding period on my trades is 2-3 months. Good luck to you and everyone else on your trading.
It is a crazy run. We all have to admit that. It's very simple, bulls make money, bears and hogs get slaughtered.