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Need urgent help with uptrends... crazy right? Read on...
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Need urgent help with uptrends... crazy right? Read on...

  #11 (permalink)
Elite Member
Mumbai, India
 
Futures Experience: Advanced
Platform: ChartNexus
Favorite Futures: Stocks, Commodities, Futures
 
iqgod's Avatar
 
Posts: 1,659 since Feb 2012
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Itchymoku View Post
Be honest, are you really consistently profitable trading downward trends or are you just better at it? There's a huge difference.

Don't let the high accuracy of low risk reward trades seduce you because you think they happen a lot when really they happen in clusters that you cannot predict.

You'll need to practice your technique over and over till your blue in your face. Till it's not fun anymore. There are no shortcuts in trading, there never will be. You need to grab that bull by the horns and punch it in the face.

You'll need to show pictures of your trades on charts if you really want these people to help you. Odds are they'll tell you that your stop is too tight or you simply haven't developed the edge to have confidence in taking the trades you see.


The other people your trading against want to drive you crazy because they're crazy. They've been driven crazy to the point they're loony tunes and they'll take your gold coins and swim in em. ( or ski down em )

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Don't give up

We come across all the answers in the begining and it isn't until years later that we come to truly accept them


And if you ask them how they do it, they might be a helpful kind, like many on these forums, but sometimes even they might not be able to tell you HOW they do it

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(Jest!)

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  #12 (permalink)
Elite Member
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iqgod View Post
And if you ask them how they do it, they might be a helpful kind, like many on these forums, but sometimes even they might not be able to tell you HOW they do it

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(Jest!)

Or they're looking at their wrist watch contemplating if they really have the time to tell you or they'd rather go to a fancy restaurant and eat roasted duck instead.

felt compelled to add a picture
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Last edited by Itchymoku; August 13th, 2014 at 10:18 AM.
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