Quote from aphexcoil:
And the two aren't correlated at all?
dude, i will tell you flat out. you can know how to trade, but just have too small account. i have said this numerous times and i will say it again: a trader better than i COULD grow a tiny account like mine, but i am not that good yet.
by the time i started to really improve, i was already down to peanuts. plus, i've been living off the account, so it is just too difficult for me to grow such a tiny amount. as i've said, i'm going to get a job and most likely sell my car to help start my comeback.
in so many ways i see how i've improved. i can already see it in the way i enter and exit now. i'm totally seeing where i used to enter/stop out/exit as a newbie and i'm finding myself doing the OPPOSITE of what i used to years ago. this has to be a good thing.
for example, where i used to get stopped out, i now see why that was so stupid and i'm more likely to maybe ENTER at that point now. also, even just on daily movements. in the past, i probably would have thought today was going to be a down day because of yesterday's action, but now i see why it might go the other way. NO, I AM NOT ABOUT PREDICTING. i just think very differently than i used to.
one more thing.. i have seen nitro make this similar statement and i am really starting to see that it is true, although in the past it scared me and i did not want it to be. the way i operate is very very strict. i like everything to have order. but it is very difficult to have exact rules that apply every day. i hated the thought of having no exact rules for everything (not to say that that can't be done). but as nitro has said, you eventually learn to get a feel for things. yes, i do have some methods i start with, but then i just keep them in the back of my head and watch how the market moves during the day. if things go how i thought they would, then i'm just really confident. if things start to not look right, then i think my original assessment may be wrong and may consider going the other direction.
i'm done rambling...