I believe you're right. From the blow up standpoint though I dont' believe is valid. I never risk more than $100 - $140 per trade. Yes I know that doesn't leave me much wiggle room for noise but that's how I have to trade with such a small account and the way I like to trade actually.
$50K?? Holy Crap!!!! How many contracts would you trade with $50k??
LOL - I have a tiny account. Only $2k.. I know I'm underfunded yes but can't afford any more risk Capital at the moment.
Here I am again.. not complaining but hoping typing this out and getting some feedback will help me improve.
I limit myself from Profits on a Daily basis. What do I mean?
I daytrade 1 contract and have it engrained in me somehow that once I reach over $100/day I have reached my "goal" per...
I would love to see a reality type show based on trading.
Maybe similar to the Biggest Loser.. something along those lines.
Where traders trying to make are filmed for all to see and they track their progress, gains, etc..
This is a good point and to be honest I don't think I have valid reasons Why.. other than the fact that I am ALWAYS looking for market to reverse. No matter when/where.. but I have no fundamental or technical reason why over 90% of the time.
I believe its like someone suggested in earlier...
I trade PA alone. using Supp/Res. areas.. no indicators.
It's completing psychological, I guess wanting market to turn so I can pat myself on back and think.. You're so smart
Everyday I come in and expect the market to turn. This morning we're clearly in an uptrend and I keep thinking okay.. we're going to be turning and heading down soon instead of trading what's in front of me.
I'm working on a way to isolate these opinions but it's been tough.
I've become...
Luckily I have 2 computers at work with only 1 monitor and have a KV switch to toggle between the 2. so when someone walks up I just switch over to other computer.
Sometimes they catch me off guard though. I've learned to enhance my other senses. i can feel or hear people walking more than...
yes i do.. and I shouldn't . haven't gotten caught thank goodness.
But people are Always making me miss trades. It amazes me how noone can come bother me for over 2 - 3 hours then all of a sudden someone walks up and I have to deal with them and their problem. come back to the screen and the...
Hey Mark,
How have you been. it's been a while
Just wanted to thank you again for this thread. My vote for the best thread on ET.
It shows and tells traders that there's more to candles than just the bodies themselves.
The books I've read on candles only cover candle bodies and of...
If I remember correctly all the episodes are on youtube but you had to add something to the search title to get the other episodes you can't find.
you had to add something like "Profit and Loss" or something to the end of it to get it.. don't know why..
so your search would look like this...
About myself.
Everytime I look at a chart I'm looking for a reversal point to profit from.
This is probably a big part of why I've struggled for so long. Of course it's not the answer to all my trading problems but I do feel it's made my trading life more difficult.
I seem to have to...
No I'm upset that they have to waste my time with their BS. whether they are working or not I don't really care, but leave me out of it and stop aggravating me with your stupid stories.
yes.. I know I should be working too..
It's a corp. office. It drives me insane cause sometimes you can see someone round the corner and you know they're coming to bullshit. And they can't take a hint either. You don't look at them, you just keep looking at your computer and nod your head occasionaly and they just still keep on...