I trade commission free. So no worries.
Correction: I am a manual trader not discretionary.
Thank you!! I will keep you posted with my progress.
No I don't have to make money. I have a software job after market hours making 6 figures. But I want to stick to my strategy. That is the whole...
Fear of a loss. I don't like losing more than $30 on a trade. So I skip many trades unless I am 95% certain it will go higher and I sell quickly...
With day trading there is no time to think. By the time it takes me to calculate how many shares of a stock that is trading @ $14.2 I can buy with...
My account size is 50k. I am more comfortable trading 1k to be honest. It all depends on how much of a loss I can stomach. Losing 3% on a trade...
I am having trouble sticking to my strategy /plan. Someone told me paper trading will help. Currently I use a position size of $3k. Do you think...
I disagree. Trading is not based on human emotions. Those that trade on emotions don't last very long in the market. Trading is based on...
I didn't say I don't take losses. I said I do and it is due to my lack of discipline in sticking to my strategy. But the rest is true and can be...
Here is another one: You need 5-10 years to develop an edge. Wrong - It took me 6 months to a year to develop an edge. The key is to observe the...
What is your valid reason for having a losing trade? For me there are only two valid reasons. Either your strategy is not good or you didn't stick...
https://www.reddit.com/r/The_Donald/comments/71t470/i_am_livid_my_obamacare_premium_will_skyrocket_20/
Here are others: 95% of traders fail so you have to be a genius to succeed. - Wrong. Trading is not rocket science. You don't have to be the...
No thank you! You take those low probability trades and find your safety in large number of trades. I strive to place every single trade with...
There is no shortage of good advice on this forum. But sometimes even the most well intentioned counsel can do more damage than good. Yesterday I...
https://wolfstreet.com/2017/09/20/this-fed-is-on-a-mission/ No more asset price inflation :-) Wonder what the effects will be on the stock market...
The high failure rate is because there is no entrance or qualifying exam to pursue trading. If there was no qualifying exam to be a brain surgeon...
You obviously haven't thought this through. Go back and read the 2nd post on this thread by @learner2007. The people you mentioned manage 100s of...
I disagree with Xela. There are setups that have 80-100% probability of a winning trade. How do you know? With practice, experience and...
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