I'm sure our definition of successful is quite different.
My profitable daytrading journal is back! ("The only way to trade with Fibonaccis")
- Thread starter 1a2b3cppp
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I'm sure our definition of successful is quite different.
You are becoming a good trader I see. And your graphs are beautifully clear. And you have, finally, better insight. Your latest journal is worthwhile, and promises to be one of the better contributions to ET. I'll follow your trades. Well done. It's a long hard journey.
In my own experience, an entry that minimizes risk is the key to creating "edge". It's gambling for anyone other than a market maker, a person with inside knowledge, legal information not available to others, unlimited capital, or government backstopping. Are you a good gambler? We shall see.
(I suppose it is a gamble of another sort for those with illegal inside information, or ex-governors. Then the gamble is: will you go to federal prison before you can retire to the Hamptons?
)
In my own experience, an entry that minimizes risk is the key to creating "edge". It's gambling for anyone other than a market maker, a person with inside knowledge, legal information not available to others, unlimited capital, or government backstopping. Are you a good gambler? We shall see.
(I suppose it is a gamble of another sort for those with illegal inside information, or ex-governors. Then the gamble is: will you go to federal prison before you can retire to the Hamptons?
)