check this post for what I believe were the reasons. http://www.elitetrader.com/et/index.php?threads/topsteptrader.275976/page-157#post-4159740 GL.
There you talked about psychology being the cause : was it fully the psychology or the method in itself?
I believe it was specifically over leveraging and lack of patience. I don't think there was any problem with my method.
Thanks surf. The problem with writing a book is that I don't know how to do anything half way. I would probably have a heart attack from the frustration of not being able to tell the story correctly, holding nothing back. If the book I wrote couldn't make it to my own "Please stop publishing great books" thread, I could never write it.
Thanks. I agree that "charts" can be extremely useful. But imo, it is not more than say 25% of the answer.
The DJIA closed at 17615 on 10/8/2015, as the stock market rebounded big today. The Dow Jones is about to do a bearish death cross but this rally today might change things. Usually the death cross is bad when a market is trading in a tight range and in a downtrend. If we see another big up move today, the worst could be in a short term. However, September is one of the worst performing months of the year.