Trying to let winners run for 4 YEARS, so depressed

Quote from apak:

I am sorry to sound so negative in my post but I do know to cut losers quickly, I do know to stay within current volatility and adjust as well as position size, I do know that I am supposed to let winners run.
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Perhaps this is a hint to question what you "know". You listed some major disinformation embraced by newbies.
 
Quote from Rocko1:

Perhaps this is a hint to question what you "know". You listed some major disinformation embraced by newbies.
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So I could be a fool, I am ok with that notion, there are lot of fools to keep me company :)
I do know that good traders follow above said principles, I just can't grasp the combination yet.
 
Quote from yoohoo:

LOL APAK

sucking them in again :)
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Sucking people in with my pure honesty, try it sometimes, it is liberating.
May I assume that you are a profitable trader for years ?
 
Quote from apak:

Yes this is exactly my strategy, distance can be 20 points or pips and is played as explained. I tested many complex ideas but in the long run they failed, one experienced trader told me to Keep It Simple

This is my attempt at K.I.S.S.
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K.I.S.S implies there's a trading plan...

It does not imply to trade via subjectivity when trying to catch runners beyond your profit targets as in letting your profit run.

Thus, I think your misunderstanding the meaning of keeping your trading plan simple.

Therefore, you'll most likely remain in that spot your at until you understand you have no trading plan based upon the info you've provided so far in this thread.

Simply, you willing to go another 4 years like this via your interpretation of K.I.S.S. :confused:

Mark
 
Quote from NihabaAshi:

K.I.S.S implies there's a trading plan...

It does not imply to trade via subjectivity when trying to catch runners beyond your profit targets as in letting your profit run.

Thus, I think your misunderstanding the meaning of keeping your trading plan simple.

Therefore, you'll most likely remain in that spot your at until you understand you have no trading plan based upon the info you've provided so far in this thread.

Simply, you willing to go another 4 years like this via your interpretation of K.I.S.S. :confused:

Mark
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You seem to know how to trade, if true that is commendable. But if you think I am foolish enough to go back to testing complicated technical setups, think again, I may be a fool but not a complete fool. :)
 
Quote from apak:

I can't grasp it, my best strategy breaks even.
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The value of the Dow Jones Industrial Average is about 44 % less than the value 12 months ago. If you manage to break even over the last few years then you are likely doing something right.
 
Quote from apak:

You seem to know how to trade, if true that is commendable. But if you think I am foolish enough to go back to testing complicated technical setups, think again, I may be a fool but not a complete fool. :)
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Please show where I imply or suggested that you should use complicated technical setups.

:confused:

I'll repeat, based upon the info you have provided in this thread...

You do not have a trading plan.

In addition, the K.I.S.S. does not suggest nor imply trading without a plan.

Obviously that 4 year journal you just traveled hasn't been too long enough.

If it was too long, you would have explained in great detail exactly what you are doing from your trading environment, preparation, entry signal, trading management, exit signal et cetera.

Good luck because the current market environment is less forgiving than recent years.

Mark
 
Quote from apak:

I know enough to know that edge is money management whether you trade mean reversion or trend following. This much I know. :)
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Edge has nothing to do with MM
 
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