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A small loss from a trade entered in accordance with a plan is better than a profit from an emotional gamble. STICK TO YOUR PLAN!!!

It's loooovvvveee!

Not likely. There would have been a long period of pain before the even keel. But all these bail-outs, borrowing and stimulus plans are going to lead to one thing: the increase in demand for the supplies of the soup kitchen.

...a bottomless pit!

Run to where? By taking the can he is attempting to protect his sons; if he ran then the spotlight would have been on his sons and Madoff would still haved been caught. Afterall, he doesn't have Bin Laden's networks.

How will this discussion help you to improve your trading?

Apparently! Seriously, I prefer to peruse the quality press.

lol...the pics actually look quite funny.

Show me one picture or article that described Bush as a Monkey.

He may not have written the Bill but he'll be held accountable if it goes wrong. Another day, another laugh at pointless inflammatory remarks made by broke traders.

I'm very surprised that a Moderator would even initiate this post.

I see that your over-confidence has returned. It's a pity that almost getting wiped out didn't teach you what usually follows trading exuberance.

I'm happy with my trading but automation doesn't automatically overcome the psychological pressures of trading. It certainly helps but it isn't the panacea that many profess it to be.

MP is as good on trend days as it is on rotation days.

If you're trading well then trading should be like accountancy. When I was a noob trading was very exciting (another destabilising emotion) or rather the lust for money was exciting. Now, I have conditioned myself to get excited about a well executed trade (regardless of the P&L). I...

I totally agree. Developing the profitable system is the easy part.

Thanks. You already provide enough info but what is the total P&L to date?

Can you include a running total in future posts?

Most decisions in life, from business to child rearing, are based on uncertain outcomes.

How?