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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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It's interesting how many questions there were on HFT's. As TST discussed, HFT's are playing a different game to the rest of us. Ignore them. Trade longer timeframes. That doesn't mean you have to become a multi day swing trader. Even if your trades only typically last 30 minutes. You're still WAY outside of what the HTF's are concerned with.
If you're not making money, it's not because of HFT's. That is a cop out and is just looking for excuses.
Again, great webinar. Thanks.
You donít trade the markets; you only trade your beliefs about the markets.
- Van K Tharp
Last edited by DarkPoolTrading; November 6th, 2013 at 06:39 AM.
The following 3 users say Thank You to DarkPoolTrading for this post:
I found this to be one of the most helpful webinars I've been to too date. The discussion was real, with real experiences and practices. It allowed me to see where I am currently positioned in the "scheme of things". The sports analogies were right on target and made things very real. The best part though was what I learned about making progress thru "process". This webinar tied a lot of things together for me personally!
Thank you all for an extremely enlightening presentation, time well spent.