The Tao of Minimalistic Trading: $300 Daily Profit

Discussion in 'Journals' started by schizo, Dec 4, 2015.

  1. schizo

    schizo

    Long 87
     
    #1031     Jan 19, 2016
  2. schizo

    schizo

    Out 84.25
     
    #1032     Jan 19, 2016
  3. schizo

    schizo

    Long 86.75
     
    #1033     Jan 19, 2016
  4. schizo

    schizo

    Out 87.75
     
    #1034     Jan 19, 2016
  5. schizo

    schizo

    Long 90.25
     
    #1035     Jan 19, 2016
  6. schizo

    schizo

    Out 89.50
     
    #1036     Jan 19, 2016
  7. Stewie

    Stewie

    Yet another fine example of REAL LIVE TRADING.

    I'm watching all these posts in real time and although a trader could see that price is itching to break higher, each time it doesn't, you have to start wondering if you should get out, which schizo did here (for whatever were his reasons of course), mere moments before it shot higher, which I see had him re-enter.

    Trading is not only about making money on the trades that work, but also keeping the losses as small as possible. When you see schizo actually get out of trades just before they work, its obvious that these are factors that go through his mind because he's actually trading, in real time, without knowing what will happen next, without the benefit of posting "calls" after the fact or using the excuse that your amazing results you refuse to share, but that we should trust you nevertheless.

    There are many traders who share just their random big wins, but this tells you nothing. When you see all the trades, especially the premature exits and the losing trades, and you see how these are handled, this is truly the sign of what a real trader has to contend with.
     
    #1037     Jan 19, 2016
    VPhantom likes this.
  8. schizo

    schizo

    Long 87.50
     
    #1038     Jan 19, 2016
  9. speedo

    speedo

    Fast market this morning...
     
    #1039     Jan 19, 2016
  10. schizo

    schizo

    Out 87.50
     
    #1040     Jan 19, 2016