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Are you beginning to see wherein lies the problem?

Maybe you should. :)

BTFD???

At what point do you decide to get out? The further a stock drops the higher the percentage gain needed to get back to break even. My awakening was the Canadian favourite Nortel. The talking heads had it as a buy all the way down. I didn't sell when I should have because I didn't want to pay...

I'm not sure of what trader intuition is. All I know is that you'll run into all types of situations that will tempt you to give a trade a little more wiggle room and that sooner of later it will cost you more than you want. Have plan going into your trade and stick to it.

If you really want to help new traders, show them an example of that set-up where it takes out your stop then reverses. That's what they are going to experience. Then show one where it keeps going down.

Even if you are an investor with a long term time frame , you should have a method of culling your poor performers. Stocks that are considered blue chips today, can change overnight. Remember the old saying "As goes GM, so goes the nation". Why hold on in a downturn? FOMO?

I trade mainly Canadian stocks. Home bias. Looking forward to your journal. Hopefully you share your process and I might learn something.

Are you trading individual stocks? Any home country bias? I agree with the strategy of protecting capital. Better to lose opportunity than to lose money. I'm in a similar position, cash wise, as my stocks have been hitting their trailing stops.

Keep asking yourself "Why?". Why are you not seeing results? What is it that is keeping you from achieving your goals? What is different between back-test and real results? What should you be doing different? You can only change things that you can control.

What has changed is that more information is available. Being an old fart I can recount trading when you got your data from a newspaper and phoned your broker. Yup; uphill both ways, in a snow storm, barefoot. What i see happening today is lots of information readily available, a lot of it...

How you going to do that without getting whipsawed into the poorhouse?

I'm not sure anything has changed. It's still an open auction market. Human nature hasn't changed. Todays superstars, whoever they are, will come and go but if you look at what they are doing there is nothing new. They have found an edge that they are able to exploit, at least temporarily...

So doesn't it stand to reason that to control that risk you have a method of being out of the market when it falls?

I agree if you are talking asset classes; Equities, commodities, fixed income, real estate, etc. If you are referring to stocks, the majority of them fall in a bear market. A well diversified stock portfolio is still going to tank in a bear market.

I meant the institution he works for. As for it being a personal question; It's a question one should ask themselves.

"Institution" is pretty vague. Are you working for a mutual fund, pension fund, hedge fund, portfolio manager, an investment bank or some other type of institution? And of course my favourite question; Are you consistently outperforming the S&P? Apparently most institutions don't.

Can you walk us thru the process you use to trade off broker / analysist research. Firstly how do you obtain the research? Do you subscribe to a service or does your broker send you the reports in a timely manner? Once you have the research how does this affect the way you manage your...

I agree it's pointless but if you have to add value to post here; half the posters have to stop.:)

The institutions spend millions on research. They have trouble outperforming the S&P consistently. By the time you get the research it's too late to act on it.