Why is sticking to your plan difficult?

SML's exit strategy:

Sell when his big arse GF who has NFI about Trading/Investing tells him to sell.

See how simple it is!

 

Hello DarkerthanDarc,

Correct, she wants enough money to take a trip and buy some stuff.

So she is my sell signal for those stocks.

Nice and easy plan to follow.

 

You and your family are not trading, you're just investing and hoping, praying, that chart line moves upwards over time

Trading is much more highly tactical

 

Hello LionsWarthogsMillions,

My and uncle made money buying stocks when market dropped.

I dont give a FUCK what you call it. Money is being made.

Call it hope, guessing gambling whatever, I made money and that's All I care about.

I am a bit more tactical with ES futures trading but sometimes I gamble in ES futures trading as well.

If you want to call that gambling or guessing or hoping or whatever, that's fine with me. I don't care .

I've said it over and over and over again. Im DO NOT WANT TO LEARN HOW TO TRADE,......,I WANT TO LEARN HOW TO MAKE MONEY AND GET RICH.

 

If you reasonably expect to survive and thrive in this game you need much more defined approaches, understanding, entries and exits, expectations, processes.

Sure, you won....for now. That trade win feels good. But I just hope you continue to see a never ending supply of money trade wins. And not assume luck, randomness, circumstances with skill.,,,..,

 

Hello LionsWarthogsMillions,

I see better than I read or hear.

I see better than I read or hear.

I see better than I read or hear.

This is what my grandfather use to tell me ALL the time. He never believed what someone told him, he wanted to see it. He could not read or write. He got tired of being lied to and get pissed down his back while other men told him it is rain water going down his back.

In "my" trading, I do WHATEVER it takes day to day to make money. I have no rules and a damn sure do not have a trading plan or trading strategy. I have a make money everyday mindset!!!

 

Are you suggesting that SML maybe a degenerate Gambler? How dare you

 

I like your plan of keeping it simple, have no rules and don't work hard and follow @v-shape-0DTE.
Every trading plan should have a name because there are numerous ways to trade and numerous plans.
If I were you I'd name this particular plan: "BLIND LEADING THE BLIND"

 

I truly hope to see or hear one day that SimpleMeLike is a millionaire trader. Accomplishing his dream. But he won't reach that level....definitely not with his current mindset of understanding, wisdom

 

His trading mindset is personified in those Lions/Warthogs videos he watches.