Yeah, well, I might have beaten you by about 45 minutes as far as how long it took me. But, yes, HUGE difference. I would absolutely encourage people to learn how to do it with confidence. Or without.
I second that. Also helps if you can focus on more that one intrument at times. Its easy to become too fixated on something.
Whats even more interesting is that you have a more bearish strategy which matches up with the time you registered. And Ansare have a more bullish strategy and s/he registered during the bull market.
I concentrate on only one market as I don't want to be influenced by something else. Buy the highs/sell the highs. Sell the lows/buy the lows. Just takes a ton of hours to learn when and ten times that amount how to get out. Just love to play the game. Almost like a Nike commercial....
when I realized discretionary trading didn't work. it was like AHA. since most daytraders do discretionary, most daytraders lose.
When I am wrong â I will get out, and move on When I am in doubt â I am out When I am right â I will sit tight Moral of the story Doing makes me money Thinking, hoping, praying wishing, wanting, whatever else â does not Btw â for anyone wondering â sitting on hands â is doing =============================================== Patience, discipline, and focus â in vast quantities â are also necessary Along with the ability to wash, rinse, repeat (think assembly worker-esk) RN
Without context you may be both saying the same thing.. You could be buying a 3 min chart high breakout in Ansare's 4 Hour chart low area.. For me it has been capitalization... enough to put stops where they SHOULD (invalidated trade) rather than to simply limit loss. Two VERY different things. If you don't have the capital find a market that suits your account. Then simply trade S/R in bigger picture areas while favoring the higher time frame trends.
============= Rule of 72; 6 days a week work; 12 hours a day.[72= 7 years of that may help also-not a prediction