Recent content by whit688

It doesn't really matter exactly how I know, as it's not particularly critical to the discussion. How it looks when the trade isn't working can be a part of your trading plan, and it will be different for different types of trades. But, we can do an example. Let's take, for example, a...

I think the most important one (for me, anyway) is the last one on the list -- It's more important to be right than to make money. Making money means trading in accordance with my trading plan, using stops and sound money management, taking small losses (or gains) when the market isn't acting...

Here are a few more behavioral patterns that tend to work against our best interests: • Overriding the system because “I just know it won’t work.” • Not taking a position when all the signals are present because of one, or two, or three recent failed trades. • Relying solely on...

Bulls Eye Broker has an excellent P&F charting software, but it may only work for EOD. www.archeranalysis.com

"My goal for the long term is to average 1pt. out of the Mini Russel each day. I believe by doing this I'm putting limiting beliefs on my possible performance.. " So, it sounds to me like you don't really have a consistent goal. On the one hand, you have a goal of 1 pt a day; on the...