%% SUPERbook; even better , he disclosed he was no athlete, pattern of persistent losses, and half blind ONE book reviewer, said with scorn ''written for a 6th grader'' LOLGood read!! Frankly i felt cheated i had not read the book much sooner. Buy it or borrow it. Better than an a MCD BIg Mac I was selling @ a metals dealer much further than i usually go + stopped off in the library/wow they had one for free. I have my own copy now/ but felt so blessed to check it out for free
%% A Must Read for every trader ; THE RULE ,by Larry Mint Hite/ Tom Basso, Founder TrendStat Capital Management Ink. My copy is not handy\so its AMZN copy. 2 Find the game you Love 5 How to Lose Money WALL Street is a great place to work, because never have so many been paid/ so much for adding so little LOL . Good adding. IF you diversify, control your risk , go with the trend ,it has to work
%% %% Great read + reread. I WAS thinking about his child hood today/ he had a big edge going into trading he failed so much, from such an early age he KNEW he could fail in trading -investing- also. How to Lose Money ;8 ways. 1] Be a genius, get good grades, Ivy League LOL 2] Ignore the Trend[that worket OK today LOL] 8] Be arrogant. Especially if your wife wants you take an umbrella, be arrogant + get wet + hailstormed LOL Even more so if your wife is more experienced in local weather + she was.
Adjust stops based on volatility. Targets as well. really try to understand if we are in range bound market, volatile market, trending market and use appropriate strategies based on that. Different methods work better for different contracts and market environment. Crude oil and bonds intraday strategy are much different IMO
I started to make less trades, concentrated my attention on less assets (2-3 assets currently), reduced leverage and started to experiment with trailing stops to boost expected reward. Also decided to move from Exness to HFM due to better trading conditions.