Wiped out in a day

Discussion in 'Forex' started by schmiedelnyc, Sep 6, 2003.

  1. ur lucky they let u get to 75%
     
    #31     Mar 11, 2004
  2. It amazes me that your still trading!!

    Hopefuly you learned enough and do a lot better with some good money management system.

    Start with a good plan and prepare a back up strategy. Trade systematically and stick to your plan.

    You have got willpower since your are still in the game, that is a good trait.

    Hopefully you'are doing much better now.

    Good luck with trading!
     
    #32     Mar 12, 2004
  3. The multi-book Market Wizards series did me a lot of good because in it top traders are interviewed who have either gotten completely liquidated (more than once); traded many years while losing, later going on to become among the best traders on earth; had near death (trading-wise) experiences in which they almost got bagged.

    I reccommend these books!

    Sam
     
    #33     Mar 12, 2004
  4. Hi Sam,

    Good luck and good trading. Nice to hear that you are still standing.
     
    #34     Mar 12, 2004
  5. Thanks Baruch! Uh, after only a month trading live? Hm...

    I keep pretending that someday I will be interviewed in one of the next Market Wizard books - hehe.

    Sam
     
    #35     Mar 13, 2004


  6. A very good advice.
     
    #36     Mar 23, 2004
  7. Yes, my system works OK. And I think you can some good ideas in my thread. There are some very good traders sharing ideas there.
     
    #37     Mar 26, 2004