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Psychology and Money Management

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Millionaire in 10 weeks & Conversation with broker

  #16 (permalink)

Trading Experience: Beginner
Favorite Futures: MES
snax's Avatar
Posts: 682 since Feb 2019
Thanks: 2,411 given, 1,975 received

Hey @MerlinWorld,

Don't be discouraged.

I will warn you up front that I agree with @researcher247. Please don't take this personally or as an attack, I want you to succeed as I believe most members of this community do.

Here are a couple of my fears, please shoot them down if I've mis-read your post or missed something (its very possible ) :

1) You seem to be creating the "Big Design Up Front" that hasn't weathered the storms of live trading in an uncaring market.

2) Probability & statistics perspective: You are not giving yourself enough "bullets" to test your hypothesis. If you have a substantial account where these trades are a trivial percentage of the account then it is reasonable, but the tone of this post leads me to think this isn't the case.

My $0.00000002 cents (I am a neophyte by comparison to the majority of the members of this site.)

- Creat a Trading journal here and treat it seriously.
- Post your progress, even if it means your strategy falls apart. People will want to help.

I hope you find what you are searching for buddy.

Take care,

Visit my futures io Trade Journal
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