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Just focus on making money. Professional, retail, trump, obama, donkey ass, broker, hooker, blah blah blah blah blah blah. Make some damn money.

Thank you 10,000 so much andre.salmero. I really appreciate your humbling post. In your opinion, how does a trader know when they have a trading edge? Thanks

xburbx, How many trades do you have?

xburbx, Becareful on what you think edge is. Edge is a proven trading method or technique that produce consistent profit over X amount of trades. Do your journal of trades show positive expectancy with decent drawdown? if yes, you have edge. Go trade...

Do this: 1. Write down a trading plan with entry and exit. 2. Forward test or back test that plan for 200 trades If the expectancy for those 200 trades is high, continuing trading that plan, because NOW you have an edge in this trading business.

I like the logical approach and clear enter and exit steps. All you can do is try and see what happens. Start manually backtesting 1000 trades. Why not start with 200 trades?

What about investing in S&P500 index for the next 20 years? I honestly think every trader should be investing for the older years NOT just banking everything on trading.

I agree sir. I agree sir. Thank you

Thank you padutrader for correcting. I was just telling my girlfriend yesterday that "I been in SIM mode for nearly 1.8 years and studying and getting my practice, and sometimes I feel impatient and just want to go risk live money cash". But I do have a plan and I feel good about that plan. It...

Bum, You are correct. I have been trading 1 contract for nearly a 1.8 years now gaining experience and lessons learned and small losses. Yes, that is alot of time, but it is the best I can do while perfecting my trading skills for long term profitability thinking.

mistermaster, Keep the thread active and keep your mind on your money. Take my simple advice on something. Keep your mind on the business that pays you.

How much lack of discipline do you have? Give some examples of what you do that lacks discipline.

Hello sir, What is causing you fear? Is it the fear of having a drawdown or no money to pay bill? Did you promise family you will have trading income to pay for something? What is causing the fear?. You going to have to go in the park and woods and really find out what is causing your fear...

Respond with some answers why you are choosing to not trade with discipline and be honest. I will go first. When I lost $2000 in March 2019, I lost money because I did not know where or how to exit my trades. Now I am working on exit strategies I can have confidence in being discipline to stick...

Big question please. Why are you not trading with discipline?

Well my friend. You need to start thinking like a business man. Think as if you have a manager. what will you tell your manager who pays you to perform tasks correctly? Are you going to say "sorry manager, I did not do the task correctly because I have no discipline" Trade with discipline...

mistermaster, Congrats on your profitable system. Questions: 1. How many trades do you have documented to prove yourself that your system is profitable?

I think you meant once that is reached, EXIT position. Go countertrend if context provides an edge to take countertrend trade

Thank you padutrader for the explaination. I agree with you. And we love "more than likely" trading in our favor.

yes, just trying to stay in trades longer and be logical and thoughtful about my exits.