Suggestions On My Journey | Currency Futures


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Suggestions On My Journey

  #3 (permalink)

Site Administrator
Manta, Ecuador
 
Trading Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 47,646 since Jun 2009
Thanks: 30,377 given, 89,979 received


It is not profitable for most people, but most people also jump from one system to another, one indicator to another, one trading room to another, always looking for someone else to make them profitable and never accepting responsibility for their trading and their decisions.

It is not clear from your post if you are discretionary or automated. If automated, I suggest abandoning that and learning to be a profitable discretionary trader first.

I have written extensively about all this in this thread:
https://futures.io/elite-circle/11125-ask-any-trading-question.html

(hundreds of posts from me)

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

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