Loser du jour (Is losing money easy?)

schizo

schizo

Is it true that 95% of traders lose money on a consistent basis? If so, it must be quite easy to enter bad trades *consistently* without much effort. Hence the purpose of this journal. Starting tomorrow, I will record 15-minute trades that I hope will rob me of my hard-earned cash.
 
Because of spread and commission, not because they get the direction wrong. Unless you're launching a market making firm you aren't going to change that fact.
 
Just enter randomly with no target yet with a GTC tight stop

To guarantee that a killer winner does not put you back into green enter opposite orders in related markets (ES - NQ, etc.)
 
You must log in or register to reply here.
Back
Top