Search results

Doesn't sound like you followed your discipline.:confused:

Time = Money No Time = No Money:D

Stockcharts.com

I believe you nailed the reasons. To get away from you emotions when in a trade use bracket orders.

Sounds like you want to take discretionary trading and make it system trading. [/b] [/b] Discretionary trading lets emotion play a part in your decision making. You have to rationalize why you are taking or not taking a particular trade. Risk management is easier with system trading. You...

Why are you wasting your time on ET. You won’t change any minds here. If you want to show that you learned something go to the journal section and post some of the trades you make in real time.

Re: Robert Beckman – Crashes, Why do they happen – What to do Have you found any reference to this? I doubt it, as Darvas published several book on investing after this alleged incident.

Amazon.com has it for sale. Not sure if it's the same interview.

Am I going to notice the difference in speed between a T4500 and the i7? Right now my computers are ancient. (P4 and older with 1 Gig RAM or less) I am still able to run multiple monitors with realtime charts, T&S, Trading software(IB TWS). My data seems to be real time and my orders are...

Sounds like my story except I just had small losses.

Right!!! It should read, “TA doesn’t work for me because”: I don’t know how to use it I don’t have the discipline to use it I have no money management plan.

What are you scanning for?

Of course trading is a business and should be treated like any other business. The object is to use your capital to make a profit. You buy a product cheap and attempt to sell it higher or in the case of a short sale you sell something you don’t have with the idea that you can buy it back...

By stating your intended stops in public you have more incentive to follow your plan than if you keep them to yourself. It tends to make you more responsible for your actions.

Here's a clue: Trade to follow the plan, not to make a certain amount each day. Your plan should have a limit that you can lose.

When you realize it has nothing to do with the markets and everything to do with the trader.

So you limit gains but let the losses run. Are you starting to see a solution?

How much do you allow yourself to lose in a day?

Here are some clues.

Could you tell us (without giving any secrets away) what divergence you are looking at? Any clue as to how to determine if the market is trying to eat stops? If you use divergence to determine whether the stop is valid, do you wait for the divergence to end before you take your loss...