WHAT IS A SECOND ENTRY ?

Discussion in 'Trading' started by padutrader, Oct 28, 2023.

  1. You need to preface your posts with "Although I am still a losing trader,with significant trading losses to recover..."
     
    #161     Nov 6, 2023
    SimpleMeLike likes this.
  2. Aaah I see:A River Phoenix wedge into a Viper Room Speed Ball stochastic.

    Nice set up!
     
    #162     Nov 6, 2023
    zghorner likes this.
  3. Good Morning semperfrosty,

    You are correct. Thank you for telling me that.
     
    #163     Nov 6, 2023
  4. Hello Everyone ,

    The post I made above, I forgot to say this disclaimer:

    I am a currently right now in my trading a Losing Trader so far of about -$8,000 on the fiscal year of 2023. Let's see how the next 2 months go.

    I will start stating this disclaimer in all my post.

    Thank you for reading.
     
    Last edited: Nov 6, 2023
    #164     Nov 6, 2023
    zghorner likes this.
  5. Good Morning ironchef,

    You're welcome buddy.

    I wish I can click 200 times a day or more, but I'm limited on time.

    On my off days, I try to click about 200 times per day.
     
    #165     Nov 6, 2023
  6. zghorner

    zghorner

    Losses can make a troll out of anyone.
     
    #166     Nov 6, 2023
    Darc and SimpleMeLike like this.
  7. Good Morning zghorner,

    Losses is the best teacher in the world in the future trading business. In my opinion.
     
    #167     Nov 6, 2023
    beginner66 likes this.
  8. padutrader

    padutrader

    first you must make profit. it does not matter if it is paper profit in Sim. This is because then it will encourage you to learn and be in a mental frame of mind, to learn and improve.

    try this on sim : second entry 3 ticks scalp.
    after you make around 9-12 ticks increase target by one tick and you can increase some contracts.
    once you make money you will automatically think how do i improve ? rather than thinking how the fcuk do i make some money?
     
    #168     Nov 6, 2023
    semperfrosty, Darc and SimpleMeLike like this.
  9. padutrader

    padutrader

    it is the only teacher.

    profit teaches you are King.

    losses teach you are an idiot and need to improve
     
    Last edited: Nov 6, 2023
    #169     Nov 6, 2023
    Darc and SimpleMeLike like this.
  10. Hello padutrader,

    You are right.

    This is why I like talking to you. Because you are a REAL clickers.
     
    #170     Nov 6, 2023