Search results

You obviously have an IQ just a tad bit over 30 for that super emotional foolish remark. Irregardless, I don't feed trolls so save yourself a response.

Bro you gotta incorporate some kind of market filter in that shit. If there was an "edge to stock trading", it would be that stocks tend to move together intraday. You probably should have avoided longs when the market is down 400+ points. Otherwise, how are you going to keep from buying...

two words that will never be seen in the same sentence... "Neke" and "Quitter"

Lenny couldn't get the Mercedes S-550 so he settled for the Ford Flex instead????? laughing my fucking ass off...

WTF??? MY NORTON INTERNET SECURITY IS TELLING ME THIS SITE ( http://www.ipimpmyownstuff.com) IS UNSAFE!!!!!

Did you even try using the search function on ET???

Robert- I haven't read all of your journal but it appears that all/most of your disasters were from overnight trades (LEH, HAR, ANR). Something to think about.

And therein lies the conundrum. Stop trying to make predictions and hit homeruns. Instead, focus on making high-probability trades and earning money over a series of trades instead of just one single trade. Whenever I hear someone pontificate about what the market will do now or in the...

I'm going to re-post the above and hopefully you will take it more seriously. Rule #1 must always be: Protect your Capital at all costs. No Capital, No trading. Plain and simple.

+1 on all the advice given before my post.

First, I would suggest mechanizing the trade signals, entry rules, exit rules and trade management rules. Otherwise, you will be left to the whim of your emotions which will most likely be detrimental to your account since you're new at this. Additionally, biases are introduced during testing...

It's actually the edge, entry, exit, and trade management that determine the degree of profitability. You must have an edge to begin with, as well as have spot-on rules for managing the trade. All great trading ideas do not necessarily lead to profitability.

Mabeen- Were you profitable in sim trading before going live? And if so, for how many months were you profitable? How many months did you sim trade your strategy? Is your method discretionary or mechanical/objective?

A Complex method is not always better than a Simple method. This is particularly true when it comes to trading. There are much simpler methods that exist for trading the markets. Unfortunately, that's about as far as I can go on the subject. However, I will suggest you set as your goal to...

give it about a year before you get too happy.

+1

Focus more on your money management instead. When you can lose 100K+ in a single month and 20k+ in a single day, your risk of ruin is too high and probably around the corner dude.

"My" definition of an EDGE is a SET OF RULES to TAKE A MARKET POSITION that has held up with a POSITIVE EXPECTANCY in, in-sample backtesting, out-of-sample backtesting, and near-term forward testing (i.e., simulated forward testing and live trading), while, all-the-while, keeping in mind that...

Of course, you can do both: Be a "Hot Dog Vendor" who swing or position trades the markets. The biggest hurdle in trading and the one that causes the vast majority of traders to wash out, is finding a reliable Edge that can withstand the test of time. The vast majority of edges "blow up"...