Recent content by mabenn

Both. feedback is always good but if this helps someone else then great.

Agreed and thanks for your feedback!

Yes it is... if I hit that on a 20k account in a day than it's gone too far. + evidenced by the lower risk model I would be better off overall capping the risk at 3% max for the day.

Perfect. Someone should make an AA for traders...

Scalping the ES if you're not in Chicago, at the exchange, right next to the exchange is silly when competing against lower latency traders and HFT programs. Also retail commissions a lone are a slice in any edge. That being said swing trading or intra-day position trading can be done and...

Exercise Attached

Exercise attached.

Over Trading... I can honestly say that my biggest losing days were the result of better reasoning going out the window which lead to reckless behavior in the form of high leverage and (way) too many trades. Since I can't speak for anyone else... The reason's I've over traded (All which have...

On that note it's nice to see you're trading with real money because that's the only way to learn what works for you and learn about yourself in my opinion

I have the belief that good trading is actually very very simple. We complicate it in infinite ways. Good trading should be effortless and that only comes after spending a lot of time and research to find out what works for you and knowing yourself.

Thanks Contra.

Yes, I agree I was asking for that loss or it was just a matter of time because I started blowing my max risk stops then recovering and making it back plus profit but i knew eventually I'd blow the max risk too far. I have no problem with my stop loss placement per trade but developed a...

Intelligence helps and is an asset yes but I've seen intelligent people blow up accounts just as easy as anyone. The proprietor of a hedge fund I used to be the head FX trader on started to "intelligently" up his risk to 50% per trade, than 100% because he was so accurate. I told him if he...

If you think you're right you have no reason to cut a loss or set an initial risk on a trade because if you're right than there's no way for the market to go but your way. Being Smart is helpful but the need to be right isn't.