I do recall the DD commercial. I am a relentless fighter...I'm not here for thrills either, just trying to learn how to lose, so I can win. I'm ready for the next day. Thanks for the advice
8/1 Net $137 minute and 1/2...the less exposure I have the better it is for me. 8/2 Moving to 380 shares
I started this journal in 2008. 16 years since. After losing my account balance a handful of times, or more. I have finally been able to successfully manage RISK. I re-funded my account May 1st of this year. I am up $84k on a $154k starting point. Following the basic rules & concepts you can read anywhere: Don't Risk more than 1-2% on a given trade Winning trades need to be 2-3x or more, higher than Losers Don't get attached to any position, if it is losing money, cut it Understanding the Risk of a trade on my entire account has helped me stay in winning trades longer (I know what the worst thing that can happen is a -1% loss, so let's let this winner run a little more...) I'm grateful to be trading and humbled by the market and all of its challenges.