As a beginner consistent trader...

thinkin that good exits are pretty important after 'the guess trade' entry?
You already know how to enter the trade, now guess when to exit.

What other logically and practical way do you have to tell you when to exit besides guessing?
 
Consistency is called running good when your a beginner.
I agree with this!

@Leob, are you really a beginner? If so, you can check out the Wall Street Now's Basic Signals. They are free. The trading signal gives you the stock to trade, with the suggested entry price, target and stop. So far, November is or was a very positive month! :D
 
What could take your method across the great canyon from 1)pretty go no go to 2)go/ nogo.
Got you... took your replay to my attention...
I will go from "pretty" to formalize. I will write them down.
 
Hello Leob,

85 replies and 1,855 views so far.

Questions:
1. Have anyone showed you exactly how to make money yet?
2. Are you more confused since you posted?
3. Out of all the post, which post helped you mentally to make money day to day or week to week and have fun? You only get 1 post to pick from.

Do you perfectly understand now why I said, it is better to just gamble and guess trade and scalp day to day and be happy with this approach?

Thank you


View attachment 272044

Hello Mr Simple!

1. Have anyone showed you exactly how to make money yet?
N0, and I have no interest in that.
2. Are you more confused since you posted?
No,On the contrary, It helps me. Some good points to think about.
3. Out of all the post, which post helped you mentally to make money day to day or week to week and have fun? You only get 1 post to pick from.
Your post was very encouraging, what I understood from your post is ...
spread your wings don't be shy, If you understand think a little different, it's OK!!
 
guess trade
How would something like that look?
I believe Mr Simple, if I may interpret him...
That bottom line ( and maybe event first line ) we are guessing. This is a fact!
Even from a psychology point of view, it's better to understand you are guessing and not doing something smart. under a "guessing" state of mind it's easier to trade.
 
I believe Mr Simple, if I may interpret him...
That bottom line ( and maybe event first line ) we are guessing. This is a fact!
Even from a psychology point of view, it's better to understand you are guessing and not doing something smart. under a "guessing" state of mind it's easier to trade.
I'm familiar with simplelikeme. He don't like (inverted) hammers at resistance and support thats all it is i guess, lol.

How many types of guesses would there be?
Educated guesses? Calculated risks? Wild Ass Guesses? Shots in the Dark? Caution to the Wind Wild Ass Guesses? Details, details lol.
 
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