A few guys are making money on this thread ...
http://www.elitetrader.com/vb/showthread.php?s=&postid=2845946#post2845946
http://www.elitetrader.com/vb/showthread.php?s=&postid=2845946#post2845946
Anyone making money?
- Thread starter IHuman
- Start date
Markets have not changed from 1900 to now. Still the same. Maybe its you that has changed or your trading system is no longer valid.
The key is find a system that is not made obsolute by time or by a super computer. Is it out there, yes and it can be traded in any time frame in any market and make money. Its just emotion and capitalisation that decides where and how long you play. Where do you find it ? Well thats the difference I guess.
The key is find a system that is not made obsolute by time or by a super computer. Is it out there, yes and it can be traded in any time frame in any market and make money. Its just emotion and capitalisation that decides where and how long you play. Where do you find it ? Well thats the difference I guess.
take a break and go back and review all your trades, overlaying them a chart.
use a service like stocktickr.com if necessary. reviewing trades has changed the fortunes of many traders. often one thinks they know what they are doing wrong, but it's often biased by a few trades. research shows few in any profession study their mistakes. it's tough to look in the mirror sometimes, but necessary for improvement and learning.
"never, never give up" - winston churchill
use a service like stocktickr.com if necessary. reviewing trades has changed the fortunes of many traders. often one thinks they know what they are doing wrong, but it's often biased by a few trades. research shows few in any profession study their mistakes. it's tough to look in the mirror sometimes, but necessary for improvement and learning.
"never, never give up" - winston churchill
that is true but my point is you can never ever get complacent in this game. The moment you think you "made" it, then KABOOM
If you have not made any money in a year when the markets have trended so strongly you need to take a very careful look at your methodology. It would be hard to characterize the last 12 months as a hard market to trade.
Leave your ego at the door and rip apart why you are not catching the strong wind that have carried others. You have made it work in the past and you can probably do it again but not without looking carefully for the problem.
Leave your ego at the door and rip apart why you are not catching the strong wind that have carried others. You have made it work in the past and you can probably do it again but not without looking carefully for the problem.