I'm kind of being sarcastic, but kind of serious too.
Have you considered keeping your line of thinking, but at the point of trade, do the exact opposite? (long vs short etc)?
If you really DO have the exact patsy mindset, and people could get rich fading you, then why dont you fade yourself?
Do it on a paper trading system - there are ones out there, I think e-signal has one for you to practice on.
I think someone else nailed it though, not just entries, but the placement of your stops.
Nitros right, your going to get philosophy
Here's mine: Why go you have the name "Gordon Gekko" as a handle, with a sly sounding tagline one each post("You're walking around blind without a cane")
And why have you posted 1400+ times? Generally most future sucessfull people use their eyes and ears, not their mouths until they figure out what it is they are trying to master.
What I have been hinting at here is that you may have lacked the proper humility toward a pursuit known for it's ability to humiliate.
Know what I'd do if I were you?
Start OVER:
1) Lose the GG handle, you have figured out that you arent him, and youve already admitted under that handle that you dont know what you are doing, so you are legit in moving on.
2) Get a new one, and limit your postings to asking others about a particular this or that, but change you activities toward a diciplined study of each method: how to understand it, how to test it, how to move on to the next one. You can learn on this forum, but anyone can waste a lot of time and focus here too.
3) Youve already admitted what you are doing does not work, that's great, that's actually the most impostant step.
4) Get a paper trading account (a realistic electronic one, like on e-signal), start with a fixed fake capital, and try different methods - its not real money, so you can take the risk that is necessary for methods to work (someone said there could be a problem with your stops, that could be right) Focus on stops at different points. Follow methods you learn about carefully
5) Once you can consistently win with a method, then DOCUMENT over and over again for yourself that it works
6) Then try what works with real money - keep your stops where they worked with paper trades, but BET SMALL until you prove over and over to yourself that it works - examine your biggest drawdowns carefully.
7) And this should have been earlier - at some point, trading will either work for you or it won't - dont set an exact deadline, it will hang over your head and presure you too much - but notice whether this is working for you or not over time, and move on to something else if it doesnt - most people dont make a living trading (most have never tried either)
Have you considered keeping your line of thinking, but at the point of trade, do the exact opposite? (long vs short etc)?
If you really DO have the exact patsy mindset, and people could get rich fading you, then why dont you fade yourself?
Do it on a paper trading system - there are ones out there, I think e-signal has one for you to practice on.
I think someone else nailed it though, not just entries, but the placement of your stops.
Nitros right, your going to get philosophy
Here's mine: Why go you have the name "Gordon Gekko" as a handle, with a sly sounding tagline one each post("You're walking around blind without a cane")
And why have you posted 1400+ times? Generally most future sucessfull people use their eyes and ears, not their mouths until they figure out what it is they are trying to master.
What I have been hinting at here is that you may have lacked the proper humility toward a pursuit known for it's ability to humiliate.
Know what I'd do if I were you?
Start OVER:
1) Lose the GG handle, you have figured out that you arent him, and youve already admitted under that handle that you dont know what you are doing, so you are legit in moving on.
2) Get a new one, and limit your postings to asking others about a particular this or that, but change you activities toward a diciplined study of each method: how to understand it, how to test it, how to move on to the next one. You can learn on this forum, but anyone can waste a lot of time and focus here too.
3) Youve already admitted what you are doing does not work, that's great, that's actually the most impostant step.
4) Get a paper trading account (a realistic electronic one, like on e-signal), start with a fixed fake capital, and try different methods - its not real money, so you can take the risk that is necessary for methods to work (someone said there could be a problem with your stops, that could be right) Focus on stops at different points. Follow methods you learn about carefully
5) Once you can consistently win with a method, then DOCUMENT over and over again for yourself that it works
6) Then try what works with real money - keep your stops where they worked with paper trades, but BET SMALL until you prove over and over to yourself that it works - examine your biggest drawdowns carefully.
7) And this should have been earlier - at some point, trading will either work for you or it won't - dont set an exact deadline, it will hang over your head and presure you too much - but notice whether this is working for you or not over time, and move on to something else if it doesnt - most people dont make a living trading (most have never tried either)
