i too make good trades early in the trading day......similar problem i suspect it is because early in the day the charts are not cluttered or complcated...as the day progresses sometimes it consolidates and the charts get a lot conflicting swings... if you know what i mean? and it becomes more difficult to know which side it will jump. i solved the problem, by only taking the very clear signals, later on..........markets are never THAT clear but i think you may know what i mean. i mean even when the markets are clear it is hugely difficult to make money but at least at that time it is possible
It is English speak for saxophone. Like how lele is short for Ganesh here in the US, where we eat cows with full abandon.
@KCalhoun Yea just like poker one moment you have the most chips on the entire table and the next you have nothing. I don't know if it's greed or overconfidence but you need to reanalyse your trading strategy my friend because you know as they say in poker “your winnings aren't your winnings unless you take em home” Moreover, its advisable to try not to overtrade. Goodluck!
Thanks, the two things that work best are simply to leave the room with the computer in it to take frequent breaks, and also to trade smaller size anytime between 11 and 3