I feel the entry is also critical

Discussion in 'Psychology' started by 0008, Apr 2, 2003.

  1. trader99

    trader99

    So, how do you exit?? As soon as you get a small profit? Or wait for the big trend?

    Anyhow, I don't think a system with RANDOM ENTRY can make money regardless of what Van Tharp might say. His supposedly random entry system is actually not totally random. He picked a somewhat useful entry. It might not be the perfect entry system but it's not a worthless one either. If it was totally random, you'll be down huge with a bunch of small stop losses plus comm.

    good luck trading!
     
    #111     Apr 10, 2003
  2. Trader99 what type of trader are you.. daytrade, swing, position?

    Nitro apparently is a daytrader...

    As we mentioned repreatedly on this board... different trading methods call for different trading tactics and considerations...
     
    #112     Apr 10, 2003