Is it true that 95% of traders lose money on a consistent basis? If so, it must be quite easy to enter bad trades *consistently* without much effort. Hence the purpose of this journal. Starting tomorrow, I will record 15-minute trades that I hope will rob me of my hard-earned cash.
Because of spread and commission, not because they get the direction wrong. Unless you're launching a market making firm you aren't going to change that fact.
Going in for broke couldn't be any easier (or is it?). So far, so good. But it remains to be seen, eh?
Just enter randomly with no target yet with a GTC tight stop To guarantee that a killer winner does not put you back into green enter opposite orders in related markets (ES - NQ, etc.)