"October: This is one of the particularly dangerous months to invest in stocks. Other dangerous months are July, January, September, April, November, May, March, June, December, August and February."
- Mark Twain
The following user says Thank You to cory for this post:
Still, the first impression of somebody posting something like this is, that every (wanna be) trader has gone through those feelings, especially when trying out some new indicator or system. And when the market behaves differently it is very costly.
Also a lot of vendor posts start like this, i remember myself being "blown away" by some "if i win we make 50/50, when i loose your money..." guy doing livetrading and doubling the account in one week. There were quite a lot people giving money to this vendor "to double" in no time, two weeks later he blew out all the connected managed accounts in just one trade. Lost also money myself mimicing the livetrades (was quite some time ago, i learnt the hard way)
So, TRADEME, if you are so smart and nimble and there is "a best way to trades the market", you can show us some livetrading or at least some screenshots of your trades to prove.
I can't believe I am having to break my vacation in order to reply to this thread. This is not becoming of futures.io (formerly BMT) behavior, no matter the content of the original poster. Everyone has to start somewhere, and the responses in this thread are not becoming of what futures.io (formerly BMT) stands for.
So I am closing this thread.
And now hopefully I don't need to take further action until I am back in 2 weeks.
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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The following 4 users say Thank You to Big Mike for this post: