lose a lot per day, help!!

Quote from davidscal:

Hi guys, I am totally new trading this mini s&p 500, lose so much today. It seems at any time the market can go against your bet. Please any suggestion??? Greatly appreciate.
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I have a plan for you: What you used to buy- sell, when you used to sell- buy. :D
 
Quote from PPT:

Wow, you have been a loser for five years and tens of thousands?

amazing. that is really, really horrible.

when you say "don't listen to the people in the forum..." you must than mean yourself.

i would never listen to some guy who lost for FIVE YEARS.

if you can't make money in the market after that long, wow.

why such a horrible streak?

why are you posting with such bad luck?

I can train you for only $20,000
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I have a better deal for you.

I will give you 40k when you can show me 10 years audited consistent returns.

I have not lost for 5 years. I had a few good years that I did quit well but all edges evaporate sooner or later and just because someone is having a good year or two means NOTHING.

It takes exposure to many market conditions before someone can call themselves successful, so thanks for the offer but your probably just another flash in the pan ready to implode.
 
Quote from TraderZones:

Erk, hope you didn't fall for the Investools pitch... "Gee, if 9 up green arrows and 1 down red arrow, what should you do?"
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I don't know what you're talking about (you've obviously been burnt at some stage). I was simply suggesting that having entry criteria based on a tested strategy that you're confident with and then having your platform generate the signal takes some of the emotional aspects away from the trades. I hope I'm making this simple enough to understand?
 
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