So you are trading this creeper market before the FED announcement....:)
It does not say that Buffet closed every year with 50% or more, but indeed he had quite a lot years with 50+ %. The point in your quote is that...
Congratulations!
I do MP by hand during the session for the 2 futures I trade. It keeps me busy if the market is boring (for me ;-) and I also can get a feel of...
Good Morning, Sir. :)
Piezoe, this is one of the best pieces of advice I have been read so far at ET. Thanks, Mark
You have done pretty well since your start. I am sure your current drawdown will soon be history (with pruden risk mgmt.9 :)
In Black Jack or Poker you have some more singualr events, that is right, but it is not a continuum like trading. In trading you can buy a stock...
If my equity is up I should use more of it. Example: I risk 1% per trade of my equity on 100.000, which means 1000 per trade. So when I am up 10%...
When you are gambling you have a singular event. You put your chips on the table and then the game is made. Won or lost. Trading is more a...
So what! Goldilocks?
In have not experienced any today and I have been trading since 8.00 (GMT+1).
Risk Management makes the difference. I can recommend reading "Trading Risk" by Kenneth L. Grant as an introduction. He emphasizes one important...
Like so many here I have the same challenge. I work on it by using a benchmark I call trade management. For example: I have a set up with an exit...
Patience is not a hallmark of my personality. So, in the markets I am learning to wait patiently for the high prob set-up. I am intraday trading...
Do you know how their rate for about 1000 roundturns? could not find any information on their site.
I do not, but try www.lbr.com, the site of Linda Raschke. She provides the best education I could find. You can become a member for $85 a month...
Cause you are only human and a draw down of 5 or mor percent could affect your trading unfavorably.
KISS risk mgmt. works best. :-) Do you stop after a daily draw down of for example 5 %? Do you place your stops always in the market?
Have fun! Come on, tell us about your risk management!
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