Hey Thunderdog, I think it is rare for people to admit that they have had a down day or week publicly on these boards,
I'll be the first to say my first years of trading were overall DOWN.
But that's what makes you appreciate the positive.
Stacy
I don't think software is the reason most people lose money,
I think not discovering, honing, then exploiting an edge is the main reason.
Couple that with the infinite other qualities a trader must have to be profitable.
Stacy
Paper trading is KEY to formulating a winning trading plan.
It is like practice before gameday, or spring training before the season starts,
You'll get killed if you don't papertrade first,
Stacy
Everyone overestimates profitable positions to some degree,
Being aware of this problem is why we counter this bias in our heads...then pull out early as greed switches to fear.
In my experience...
Stacy