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A lots of Trades


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A lots of Trades

  #1 (permalink)
 liorzuk 
Israel
 
Experience: Beginner
Platform: NinjaTrader
Trading: es
Posts: 72 since May 2013
Thanks Given: 43
Thanks Received: 20

Hello everybody
I want to share you with a big problem that i have and if anyone can tell his opinion on it i'll appreicate this.

I have one major problem , I do a lots of trades in the day and I can not control myself on it.
I'm talking about 20-35 trades in 3 to 4 hours sitting near the computer and sometimes even more .
At the end of the day I always on profit amounted to 40-50 % commissions

I work with one contract on th ES.
I do about 4-6 points on gross and sometimes even more .

I think I should make up 5-6 trades a day.
No matter to me if, according to the daily income will be reduced.

The problem is that I start to trade and soon I find myself already with 10-15 trades .

By the way a lot of my trades are BE or exit in profit of tick or two when the trade is not doing what I expected at a certain time .

What do you think about it?

Thank you

Lior

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  #3 (permalink)
 Itchymoku 
Philadelphia
 
Experience: None
Platform: corded black telephone
Trading: ticker tape
Posts: 2,894 since Apr 2012
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What are your criteria for entering a trade?

look on the bright side, at least you're not like this guy



R.I.P. Joseph Bach (Itchymoku), 1987-2018.
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Last Updated on October 5, 2013


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