Could be. Probally is LOL
Develop and follow a written trading plan
- Thread starter Chuck Krug
- Start date
Either way that sounds bad. Alarm bells would be going off in my head.
I travel alot. Have a motorhome. So I am on the road alot. However, even when home I trade on a laptop. It is all I need to trade.
Why alarm bells? I travel and trade. Why is that bad?
Personal experience. Addiction is an emotion. It sounds like you are getting addicted to the high win rates and taking on risks
Traveling and trading on a laptop I have no idea about. When I did an analysis of this with my own trading system, I've determined that there is no way you can go mobile and trade effectively. If you were a swing trader it would be possible. Buy from what you've been posting you are more like a scalper. Again have absolutely no idea how you can trade on just a laptop but kudos!
Getting caught up in arguing about descriptive semantics is a distraction IMO.
Generalizations are usually lacking when it comes to descriptors about successful trading. But anything a trader can do to refine and focus his or her approach to the market is a very good thing indeed - and a written plan is for many traders an excellent idea. I'll put it this way: there's no downside to it as far as I can tell.
Generalizations are usually lacking when it comes to descriptors about successful trading. But anything a trader can do to refine and focus his or her approach to the market is a very good thing indeed - and a written plan is for many traders an excellent idea. I'll put it this way: there's no downside to it as far as I can tell.
Funny thing. I see it just the opposite. I see high win rates as less risky than low win rates. At least one is winning. I am an intraday scalper that trys to get at least 1 to 2 points in the ES as a min scalp or 5 to 10 points min scalp on the NQ. But will sometimes go for 4 or 8 points in the ES and more in the NQ depending on the context.
I don’t have any problems of any consequence trading on a laptop. An occasional dropped signal but when my trades are placed they are usually bracketed with a PT and a SL so if signal is dropped I am safe as my oders are resting on the server.
I don’t know about your analysis on your system but the way I trade I have no problem trading mobile apart from the occasional dropped signal. Take today. The below is a 5 minute chart. I traded 12 NQ contracts traded in a 45 minute period while traveling down the highway at 65 to 72 MPH most of the way (of course my wife driving LOL). Profit $1245.00 See the circled highlighted area. All those trades took place in that circled area. Where is the high risk you speak of in these trades?
Mobile works for me. I simply don't need four big desktop computer screens filled with indicators to trade. I use two MA's and price action. That's it. Once in a great while I may take a peek at volume but it is rare. No peek today!
Good luck trading. It does seem like if I can scalp while mobile you could swing mobile. I don't quite understand why not?????
There is a difference between an emotive addiction and being passionate about something. I am the latter. I really ..really..really LIKE trading and the challenge.
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Are you trying to tell me you had and took 12 trading signals in a 45 minute time period using that chart alone???
