Peils Journal

Peil:

I have a couple of thoughts that might help you.

First, how about trying a method that is currently working well and should continue in the future.

Look at the Emini Divergence Method by nopmplease.

OR

Perhaps the Hershey thread by Spydertrader.

In each case, the method is fully disclosed and you could learn it within a short time. In each case, IF you were to apply good discipline and risk management you would have a better than average chance of making it work for you.

Think about it. It would require you to do what you have not done before, but you would have the satisfaction of saying you turned it around on your own.

I have used both methods (and still do ) with good success.

Let me know if I can help you in any way. If not, well I wish you all the best.

Steve
 
Quote from peilthetraveler:

Thanks for all the advice. I finished trading early this morning and took the loss today because i didnt want to lose anymore...I just checked my stocks and if I held them I wouldve not lost 4k today but made over 2k. :( The stocks i was trading made a 4 to 5 dollar gain in the last half of trading. Ouch. Well....maybe I'll see some of you again in a few years. Good luck all.

They wanted you out.

Trade small lots next time. only 100 shares in each stock.
 
Back
Top