Forum: Psychology and Money Management
October 4th, 2012, 04:22 PM
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Replies: 10
Views: 3,256
My favorite strategy on this question
I've had this discussion with several clients on this specific question, and my favorite was from one particularly sharp and successful trader that approached much like his strategy for executing...
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Forum: Psychology and Money Management
October 4th, 2012, 03:39 PM
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Replies: 31
Views: 9,186
Good distinction
I applaud your caution here at the end.
Discretionary trading can be very high risk for those that have not developed the proficiency and confidence to deal with un-defined decision-points.
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Forum: Psychology and Money Management
October 4th, 2012, 02:32 PM
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Replies: 117
Views: 33,019
Great aspect of trading
This is one of my favorite things about trading! It is also one of the aspects that make it unique.
In every other business I can think of, you have to invest to find out if an idea will work -...
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Forum: Psychology and Money Management
October 4th, 2012, 02:26 PM
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Replies: 117
Views: 33,019
I get this question regularly
I get this question regularly, and it is a very fair question.
The answer has two sides:
The general answer - of course it all depends on your aggressiveness, resources and talents, so yes, you...
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Forum: Traders Hideout
October 4th, 2012, 02:11 PM
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Replies: 10,645
Views: 14,248,207
Hey Mike
Hey Mike,
It's very cool that you've put this together for the traders of the world to come together and find support or just a place to be understood.
I placed my first trade back in 2000...
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