Futures are easier. I have not traded a stock in at least 6 months, maybe slightly longer. I have traded a boatload of futures in that time....
Excel. Its probably already on your computer. If you are not familiar with it, you will be amazed at all the things it can do.
Its easy, you let the e-mini S&P go against you by 1 point. Then you do it 49,999,999 more times. Actually I didn't account for commissions,...
Like I always tell my brother-in-law who is a teacher "Those who can do, those who can't teach" he doesn't see the humor in that.
Critiquing trades is very informative. I print out each trade with my entries and exits. I then make notes on the paper. That has done a lot to...
Thanks for letting us know that. Are you going to comment on the book? :confused:
I almost never beat myself up about leaving money on the table. i know it will happen. I also reinforce the profit from the trade that I took...
The topic is changing slightly and that brings up a question. How do you keep from leaving money on the table? I do not have a set way of...
Ok, I have changed my mind. Trading is not like surfing. You will never lose a nipple trading.
Thats why I don't surf. "Jaws" messed me up badly. Then while in the Navy I thought what better way to get over my shark phobia than to confront...
Mike, your surfing analogy sounds exactly like trading to me. Wave selection, knowing conditions, etc, that is the best comparison to trading I...
Closing the position because it is going a few ticks against you sounds like fear. Fear of a larger loss, fear of being wrong, and a million...
Loses are part of the game. Actually a big part of the game. Everybody has them. Just gotta keep them small. Small is a relative term, could...
I think people have different ideas of what "the zone" really is. Hoodooman said its a mistake to trade with your subconscious. Probably correct...
Maybe you have it backwards. maybe nobody is pushing down the price of oil. maybe it is coming down so fast because it was artificially inflated...
The problem is most people would not buy an under 10k car. They would rather have a 50k suv. Unless the price of gas keeps going up, then you...
Yeah, it would be hard for the govt to keep it a secret for long. Although I would like to know who killed JFK. Why would you waste...
My trading breakthrough was when I realized "trading is not rocket science". Yes, you can make trading extremely complicated, but I having the...
I don't use CMS. Limit orders to get in usually get filled without a problem becuase I pick and choose my entries. Getting out is never a...
you need to forget about limit orders to get out of a trade, you want to use stops. A stop will trigger a market order once your price is...
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