Search results

What instruments do you want to trade? What strategy, what timeframe? Do you have another primary source of income to support you while you study&learn?

Would guess yes - in case you are trading in the direction of a predominant trend. It should be more likely than not, that the trade would end up in profit. With random entry i ment the timing of entry is random - the direction of the trade is up to the trader

Could it come from traders closing their daily profits of a trade with a trend, which can reverse the price slightly?

Thats amazing statistics! What instrument do you trade? What is your strategy if i may ask?

Good question. Why do we always want to improve sth, that is already working fine?

Thanks! I believe it is a very interesting topic. Also more broadly - how and why will humans always be "better" than robots (at least that is what we want to believe, right :D) Just yesterday I read an article, how one ABBA member claimed that AI will be very soon be writing better songs...

Such a pity. 11months to be profitable and consistent is very good!! Are you trading fulltime? Or as a hobby, and planning to go fulltime in the future?

May I ask, if you are successful with stocks&equities - why would you want to move on to futures? Why fix if it isn't broken?

...and the opposite :D You can be a good teacher but a bad trader..

Sorry, are you asking me if I am trading manually and am profitable? I am trying to get there, have good and bad days :D

May I ask, why do you think not? Because of emotions? Do you trade an algorithm now that you coded yourself?

the random number generator? :D

You need to write into your trading plan when will you stop trading :)

In the case you mentioned, you would have to have 10,001 wins to recover one daily loss - very difficult, no?

The problem with your (theoretical) strategy that i see is, that you do not care about losses. If you do not make $100 you die and therefore the losses do not matter. In reality, we care about the losses in our accounts. :)

Awesome, wish you all the best for the future. So inspirational!!! :cool:

Agree with the above. Of course, the devil is in the details - deeper understanding of the points listed :D

I would say rules-based. Because it is easier to analyze past trades. Simple question: did I follow the rules or not? Easier to backtest than going with intuition I believe...

If you do not review your losses, there is no way of learning from them. It is the only way to get better in my opinion ;)

Emotions, overtrading, revenge trading were my biggest issues. Setting SL to BE too soon and exiting profits early. I am fighting these issues best with decreasing lot sizes...