Hello MarkBrown, You are correct Mark. Thank you for the great thread. This is what I do. I click the charts all day. I do not care about setups, edge, and allll that other fancy stuff. I just want the money. I have no clue in the world what a setup is or what an edge is. I am tired of looking for that stuff. So for me, I am the Setup and I am the Edge. And that is enough for me, I do not need anything else. It is Me versus Me. Lets go ES.
Hello Frederick Foresight, I disagree. No such thing as Perfect practice makes perfect. That is a lie. All practice is good practice. Right or wrong practice.
Hello Sekiyo, Everyone does this already. That is easy. We talking about the real money now on the charts every day trading. LOL, everyone knows how to invest already, that is easy money.
Businessman investor here... Was thinking of risk/reward. You could study it for five-ten years. But it takes being the the trenches (with real losses), before you can refine and formulate a system/program that works for you on a regular basis. The year 2000...I went and bought a put on QQQ (because I knew the .com bubble was going to happen)!! I was off by about 6 months...Lost about $500. on the trade. It was the best $500. I have ever spent. I learned more about that trade (entry, exit, time decay, pleading for the market to do the right thing). 1990's...I decided to be my own general contractor for a small commercial building in California!!?? Half way through the project I knew I was out of my league. That one showed me what to take on and what to not consider. Accepting a 10-20% stock loss trade (and moving on) is a mature thing. It should be celebrated and displayed...Much better than trying to catch a falling knife/refrigerator. Yes, I've had many successes...But it's those botched moves, I have learned much more from.