Geez. Every few months this question comes up. Here is the STANDARD answer: 1) Cut your losers early. Define accordingly risk/reward. 2) Let your profitable trades run like Forrest Gump! Simple!
Hi @SimpleMeLike thanks for the response. nice work ...well done again.Go slay it some more. best John
My gawd, you sound just like a pump-and-dump guru: "It's easy. I pull money right off the tree branches every day." I wouldn't be surprised if I see a book from you one of these days (from the same man who professes that he hates all books).
Good Evening schizo, Any book written on trading is Scam. Why do I sound like a pump-and-dump guru? Yes, trading is VERY easy for me. Why should trading be complex? Why do I need to write a book, when I am already making money trading? I did not say I hate all books, I just said, I never ever read books. I think reading books is a waste of my precious time and a useless activity to do. Pablo Escobar or Mexico Drug Cartels do not read book, then why should I read books.
Sorry if I came off as rude. But all P&D gurus make trading sound so easy. You know like, "Oh, making money is super easy. Just trust me on this one and follow my lead." Anyway, I've been trading for over 30 years. When I hear someone saying trading is easy, I usually tell others to run for the exit when they still have time.