
Quote from RCG Trader:
He's handicapped, bless his heart!
Okay Inky, I will be the one who helps you get cool, but you gotta listen okay?
Trade ONLY ONE instrument.
I would suggest the GBP/USD so you can employ position sizing for when you lose, which is apparently often.
Find a way to determine a turn in a pullback quickly. I suspect you are buying breakouts and don't have the chips to withstand a pullback to the first fractal pivot.
Again, post some CHARTS!!!!
And finally, get rid of the beanie![]()

Quote from Fireplace:
Inky, remember this from March 2010:
"OFFICIAL NOTICE!!!
I, IncreaseNow, hereby decree that I will only focus on one contract and trade only one contract from this very moment until end of day next Friday March 19th. That contract being either mini-Gold or Large Comex Gold. I will only be discussing this contract or trading in general (set-ups, EMA's etc.). But, as comes to my actual trading, it will only be Gold futures related. Should I mention, "I just went long Sugar or lost $256 in soybeans or what do you think about pork bellies" I give the moderators the full right to 'kick me to chit chat'...swiftly and quickly.
I fully understand that all posters here want to see me suceed and it is widely understood that for one to suceed in trading one must focus, focus and become a 'master of one' contract...hence, a new stage in my trading journey begins...the "IncreaseNow Gold futures" trading journey...
Signed,
IncreaseNow"
http://www.elitetrader.com/vb/showthread.php?s=&postid=2765444&highlight=master+of#post2765444
OR this one from 2009:
"1-become a MASTER of only ONE trading vehicle (a certain stock, certain option, certain forex cross rate, certain futures contract)"
http://www.elitetrader.com/vb/showthread.php?s=&postid=2540115&highlight=master+of#post2540115
OR this one from 2008:
"awesome...I agree with you...my first real futures trade was the NQ...traded others since but I like the index as I think it trends better than YM, ES etc. and you can scale up in contracts traded as there is great volume...also...I am interested in the index (mostly tech weighted type stocks etc.)I feel it is best to totally FOCUS on one contract and become a 'master of one rather than dabbler in many'..."
http://www.elitetrader.com/vb/showthread.php?s=&postid=1975054&highlight=master+of#post1975054
How many years will it take for you to follow through on your own advice??
No need to answer, you are starting AFRESH tomorrow
![]()
Without actual PnL numbers let alone a screen shot of it couldn't anyone claim "today I made $$$"?Quote from increasenow:
wow...when am I going to learn?...hard day (not as hard as 2 days ago)
Today....
CL +$ r/t 5
GC -$ r/t 4
TF -$ r/t 9
was doing good with the CL but...then...why didn't I just stop with the CL trading!!!...I really do need to be done with trading the TF...forever!!!! :eek: