Search results

Does anyone feel they have a limit as to how long they can be in front of the screen and remain alert enough to be 100% disciplined for following all the entry criteria for a trade? Resting bids help but many times I want to be in front of the screen to fine tune or not take entry based on...

Agreed A successful trader will also not complain constantly about something. He/she will either change it or accept that it can not be changed and realize he alone is in control of his destiny. As opposed to " If only this were the case I would be doing much better".

Residential will generally involve evenings and weekends while commercial will be more 9-5. Which would fit your trading /life schedule better?

AFterburner: Glad you enjoyed my insight. I have often thought of what you are speaking about regarding keeping your position size. The position size for me has to be large enough so when I do have a decent size winning trade I am satisfied,and small enough that a few...

AFterburner: I'm sure you probably realize this already but just in case not.... Has your choice of trades or deviating from your rules occurred after increasing your position size? I have noticed when increasing my position size I become obsessed with not taking...

As an analogy to trading: Be very leery of fishing if everyone has been catching huge amounts of fish and you hear "this lake has the best fishing anywhere".

My thoughts Flashboy (which I have said in other threads) You are trading under financial pressure. Don't know what your situation/responsibilities time wise and financially are but you should have a source of income which allows you to meet your monthly obligations and hopefully put some...

agree all One of my rules is when occasionally some event has happened pre or post mkt which is extremely stressful, I will make sure no computer or CNBC is turned on. I generally work on other things so I am not in the house. The times I have stayed home during these moods I...

Will check into this site later. Thanks Dustin.

he he On 1 desk I have a keyboard for 1 computer to surf the net, a keyboard for 1 computer for charting as well as a notebook for a diary. The other desk has muliple monitors and a keyboard for the trading computer. The keyboard I would like to replace with a mini sticks out and when...

Any one know where I can buy a keyboard for computer using windows 98 OS that is a maximum of 10 inches wide? I would like it to fit in a small spot. Thanks for all.

a classic!!

I use a broker that I use J-Trader with and the broker has a daily loss limit which will reject any trade I try to place after the loss limit is hit.

Hey Visiontrader: Remember in Reminiscences of a Stock Operator when Larry Livingston put money in a trust for his wife and son so he couldn't touch it? It's not much different.

Since your trading futures why not set a daily loss limit with the broker?

This is either not trusting your system or fear of loss. As far as fear of loss I have found that increasing my non trading income has helped stop my early exiting of trades. I went thru over and over again why could I successfully swing trade for the last 5 years and stay in for most of the...

real tick 165 cable internet access 40 back up isp 20 printer cartridges and paper 30 $255

MY thoughts: I don't feel buying the spike was a great opportunity. The volatility was huge and to be able to make the trade with a high probability of working you would have needed a stop wider than normal. If you would like to keep your maximum $ loss the same as usual your position size...

Do not call list is insane. The idea has some merit but the way the law was written is absurd. In my opinion telemarketing is a bunch of people in a room having a computer call people who they know nothing about. A law to regulate that is fine. But now a business is not allowed to...

These rules seem familiar.... They are so so accurate they almost seem eery. Great post!