Took a very small loss today (live)
I think I should keep posting my every trade live or not in this journal.I feel like accountable by doing this. feels good.
Eventhough the loos was 0.008 % of my account size I still feel looser..funny though..
The following user says Thank You to Ibba for this post:
Glad to hear it (the accountability, not the loss)
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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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well since no one has told you what your doing wrong and mike is just glad your posting i will tell you,your trying to perdict what the market will do based on the current vol.dont try to trade like this you will never have success at trading like this.just because you have a vol spike doesnt mean the market is ready to change on you,all your lossers where horrible trades.so try learning price action before you mess with vol.you dont know enough about the markets to trade just using vol.and you are not using s/r the right way either,i hope this helps you and you decide to try a different method...sharky
KILLING THE MARKETS DAILY
The following user says Thank You to sharky for this post:
Hmm thank you very much for your advice. something to think about. Regarding your proposal of trying a different system.. i feel i stick to VSA until i get a hang of it. One mistake I've done upto now is jumping one system to another.
every time i try to help one of you guys you just tell me thanks but you will stick with your method even though your taken many bad trades,im not telling you to change your method because it is a slow method to learn, im telling you to change your method because your trading it wrong,but do as you will i really dont care...sharky
oohh snap... you got ofended I think. I cant explain how much I appreciate someone even comenting on my trades. For last couple of days I just loging to my jornal to see wether some one replied or not. Then I find you giving me piece of gold advice.
I was trading more than two years now. The main problem I feel I have was I never stick to one system. I might tried couple of dosen systems now and never stick to one. Thats my main problem I realised. thats why I thought to stick to my method even its harder to learn.
what do you recomend incase of a good method for me anyway?
Your help would be much appreciated.