Why do traders fail?
- Thread starter Tradester123
- Start date
GC 10 ticks for the year is probably easy.
Now GC 3 ticks in a year : probably easy, easy, super easy , or any "idiot" ( in a good way) could do it after a bit of trading experience?
Now GC 3 ticks in a year : probably easy, easy, super easy , or any "idiot" ( in a good way) could do it after a bit of trading experience?
Ironically it doesn't seem like there's a big difference between 3 and 10... 100 as well. either you have a skill for that or you don't. In the second case chances are you lose. Total amount is of less importance.
Consistent profits or consistent losses are two the most important concepts.
OK you are showing psychological resistance.
GC 3 ticks in a year : probably easy ? easy? super easy? any "idiot" ( in a good way) could do it after some experience? which one.
From my current point of view I'd say 10 ticks a year in any futures contract I trade is probably an easy target.
If break even is good for 1 year of trading, then 10 ticks above that is easy?
No resistance. Just think 3 and 10 are about within the boundaries of randomness.
GC 3 ticks in a year : probably easy ? easy? super easy? any "idiot" ( in a good way) could do it after some experience? which one.
I wasn't referring to myself saying break-even is good. It would certainly be good for myself 9 years ago though...