Stops started getting taken
out because of premature trailing. Trades started being taken because
they "felt" good, and of course the big one, trades were passed up due
to fear. As I look back over the past year and a half (the time passed
since I rededicated myself to the craft) I can probably count on my
hands the number of times that Ive made one of the above mistakes.
Despite being told to start off by trading"1 system, on 1 pair, on 1
timeframe" over and over again, when I first started trading solo, I
felt as if I had to trade everything that I saw.
Im telling you, I was a straight up cowboy. Every ABCD, every double top/bottom, every gartley, every fib retracement you name it, I was IN and I jordan 10 stealth was in aggressively. When I look back at it now I almost feel embarrassed at my actions, but if there is one bright spot I could take from it, its that taking all of those aggressive losses really helped me to notice the difference between a good potential reversal zone and a fraudulent one. These days, especially in my swing trading, I am a very patient traders. It takes a lot jordan 10 royal blue for me to enter a position and because of that I have missed out on a heck of a lot of moves. Fortunately, I now realize that its not about how many moves I miss its about the quality of the moves that I do pull the trigger on. Everybody is focused on making money. I now realize that in trading the best and easiest way to make money is simply not to lose money. But lets be honest, many of us got involved in trading in the first place because we hear stories about. |
