Archive for the ‘Uncategorized’ Category
XLP: Short play – POM – SCG – DUK
What reason do you give yourself when you have a losing trade? 1) I did not follow the rules 2) I don’t know I realized most people choose reason 1 above anything else when they have a losing trade. In fact, everytime someone tells me they’ve lost, it’s always reason 1. This is what I [...]
19/2 – 4 wins, 3 losses 23/2 – 2 wins, 2 losses 24/2 – 6 wins, 3 losses(changed my PT and SL for the day) 2/3 – 2 wins, 1 loss 3/3 – 5 wins, 2 losses 4/3 – 3 wins, 4 losses 5/3 – 4 wins, 0 losses Total: 26 wins, 15 losses (63% [...]
When you have 3 wins out of 10, it’s a lousy strategy. What if you have 10 losses out of 10? I’m simply amazed by how some days I can get 3 straight wins and how some days I can get 5 straight losses. When you have a losing trade, what’s the first thing that [...]
Today is the day that doesn’t make sense. 4/5 trades started in the green, short of 1-3 ticks, then turned and becomes 5/5 losing trades. Why??? I notices this whenever I don’t start trading at the opening. When I reach home later, I kind of always mis-align my steps with the market’s steps. For example, [...]
28/1 – 1 loss 30/1 – 1 loss, 2 wins 2/2 – 1 loss, 1 win 4/2 – 1 loss 5/2 – 4 losses, 2 wins 6/2 – 4 losses, 4 wins So, 12 losses, 11 wins…this 2 weeks have been a mess. Most of the days, I would classify it as “Untradable”, because my [...]
I have been thinking about the right way to trade and drawing my own conclusions. I have been trading for almost 2 years, but I have yet answered a very important question – What is the right way to trade? For many people, the answer is not important, because the more important thing is how [...]
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