The $ 67000 question

OK guys gotcha ! this thread

http://www.elitetrader.com/vb/showthread.php?s=&threadid=65763&perpage=6&pagenumber=13

is actually a demo of how not to trade ..

Let's analyze seriously what went and could go wrong
I'll start the with the first couple points

1) Luck totally deserted mishwar
2) Adding endlessly to a losing stock/index
3) Marrying a stock or index
4) Violating "trend is my friend

Thanks
mishwar

 

Interesting that this was your plan just 5 days ago.

 

Good point

so thats
5) not stick to the plan

 

So we've seen live how not to trade ..
in the next lesson .. we cover how to actually trade

but in teh meanwhile .. do analyze

 

dont appreciate being tricked and wasting my time.

 

also remove 1) from your list.


Luck is something that doesn't belong into the trading world. Only you as a trader are responsible for the outcome of a trade.

 

Mishwar your brutal honesty is refreshing, glad to have you here!

Ciao!

Stacy

 

Thanks Stacy. I promise i'll improve. Both in honesty and trading !

Regards
mishwar

 

OK Mishwar just for starters what's your forecast on the Dow for today ( Wednesday ) ?
Just up or down will do ( as long as it's right )

 

Yes, Humpy you have a right to play with me

Its not good to predict .. i do only after a pattern is seen...
except yesterday when i had one too many pints
But just for u -- hmmm lets see .....
good supports come only arnd 11160 but the index is oversold .. expect an upward, sudden move a while after the opening ..
do track this thread .. will post as soon as it starts trading .. just for u

Thanks
mishwar