How did you become consistant?

Discussion in 'Trading' started by cashmoney69, Oct 10, 2006.

poll: How did you become consistantly profitable?

  1. I took off all indicators

    19 vote(s)
    13.2%
  2. I have a college degree in math, finance, economics, or computer science

    12 vote(s)
    8.3%
  3. I read as many book as I could

    5 vote(s)
    3.5%
  4. I have a trading plan

    48 vote(s)
    33.3%
  5. I dont trade stocks any more

    5 vote(s)
    3.5%
  6. I changed strategies from day trading to swing trading or longer term

    12 vote(s)
    8.3%
  7. I trade whats "in play"

    7 vote(s)
    4.9%
  8. I take the opposite side of cramer

    7 vote(s)
    4.9%
  9. I only use one chart

    7 vote(s)
    4.9%
  10. other (what?)

    22 vote(s)
    15.3%
  1. If you seleted other, please list what it was and why. Thanks
     
  2. rcj

    rcj

    Bwah ha ha. Love the choices.
    After about 500 trades with 60% winners and im down 2K i began to listen to Et ppl.... cut the freaking losses very quick.
    Duhhh!!!
     
  3. Develop a good plan and stick to it. Very simple, but not easy.
     
  4. nkhoi

    nkhoi

    other, stick with 1 setup until I can see it, eyes close.
     
  5. You've been given solid advice on several threads where you basically asked the same thing. I suggest re-reading them and then trying to apply some of the things suggested.

     
  6. Agree.

    Everybody knows what the answers are.

    However, only the few will want to apply it or they have no patience to stick around long enough to enjoy the fruits of what they plant.

    Mark
     
  7. bought vector vest....now i buy low and sell high! :)
     
  8. Some months ago I noticed a statistically significant correlation: traders on ET who evidence that they really CAN trade also spell well. As soon as I learned to spell consistAntly, I started to trade consistEntly. QED.
     
  9. romik

    romik

    one will increase his/hers chances of becoming more consistEnt, when they use Google's spellchecker :)
     
  10. I started making money consistently when I put my money into CD's and money market funds.

    C'mon trading is consistently inconsistent except when it is inconsistently inconsistent.
     
    #10     Oct 10, 2006