Bitcoin 5-waves up
-
I finally bought some Bitcoin as part of an overall diversification
strategy. I've been hesitant to buy for years because it feels like a
bubble, given ...
1 week ago
skip to main |
skip to sidebar
You must do the things you think you cannot do. - Eleanor Roosevelt Friday, November 6, 2009POST SOMETHING GODDAMNIT (and its equivalent in the trading world)I've been writing and writing, and I am not satisfied with any of it! So, I figured I would just jump in and post something. Not always the best way to get started, but I do find it tends to help. I often find myself doing something similar when trading. If I sense myself striving for that "perfect" beginning trade, I know that I need to make an adequate number of calculations and jump in. My trades are never going to be perfect, because even if I had all the time and information in the world, I believe that at the bottom of it there are probabilities--not certainties. Because of that, my perfect trade is not always a profitable trade, but rather a trade that nets me cash more than it loses me cash; and, since I have limited time, a trade that gives me a significantly larger chance of netting a profit than taking a loss. As for articles, I have yet to fully understand that predicament. PS: Made a couple of open and close 10-20pip trades in CADUSD, EURUSD, and AUDUSD. Also, took a nibble of some USDJPY. Looking to fund a futures account so I can get back into trading the ES and NQ (among other things), but haven't gotten around to it quite yet.
Subscribe to:
Post Comments (Atom)
Intro
You don't need to know anything about me. Read my miscellaneous notes and decide--for yourself--if they say anything worthwhile. Question my words and confront my reasoning. If it doesn't mesh, find something that does. Never take what I say as your own. Take what I say and, if anything, make it your own. I am an anonymous trader, because it doesn't matter what my name is.
If you want to succeed: find the trading Buddha and kill him. Contact
4687420 [at] gmail [dot] com
Onsite ArticlesFansBlog Archive
All content (C) copyright by its owner. Linking is, of course, fine, but please ask before extensive replication.
| Recently Updated Blogs
|
|
Do you collect stats on your trades?
ReplyDeleteHow much to go for the futures account? :)
I keep personal stats on my trades =) I want to keep this site focused more on trading in general and less on me (for privacy and to focus on developing ideas). But, I will definitely post entries and exits and comment on what made them work or not work, and I will try to get behind my reasoning (if I can find it, heh). I really want to build a better mental framework of the markets; that's my goal. My results are secondary, at least in relation to this site.
ReplyDeleteThe futures account will probably have to wait until Thanksgiving time. I still follow the major stock indexes, though! I love the interplay between currency, stocks, and bonds.
Okay good stuff :)
ReplyDelete