Righteous Drawdowns

Discussion in 'Psychology' started by Wide Tailz, Apr 23, 2019.

  1. ironchef,

    From my 1.6 years of hardcore trading every single day, you are CORRECT. Luck plays a huge rolls, because you can have the perfect trading method or system, but if the market is not making those big swings, it hard to make big money.

    For example, last Friday, Trump speech on oil demands caused crude oil to swing like 3 bucks in one day. I was in the right place at the right time.

    Being prepared and avaiable for the big trade is good. Luck is involved. You are right about that.
     
    #11     Apr 28, 2019
  2. %%
    That + plenty of reasons for good stock to go upmostly + they do.Plenty of reasons badly managed stocks to downtrend like TSLA, again, again.Not a prediction, not bank insured...………………………………………………………………...
     
    #12     Apr 28, 2019