DislikedThis might have to be my new favourite quote.
True, but I am also a massive nit when it comes to this stuff. Still somewhere in the concious incompetance stage of things - im a dumbass at it, but at least i realise it now - so I dont trust myself to take anything less than the A+++ trades
I skipped this one, for instance.
I really think i need to take a leaf out of your book and just commit when I see something that I know will work.Ignored
I saw that trade too. Skipped it. Too much crap in the way and I hate the gas it gives me.
Flying by flight rules is what keeps us from hitting a mountain.
I fall prey to 'I wanna increase my take'. So naturally, business dictates that you would do more of what you do. More advertising, more sales, more products, more stores, just more.
Trading is completely opposite. Less is more. If you want more opportunity, we need more markets. And just how many can we handle? Limits exist.
Want to make 3 to 5% a week on the four hour charts? 2 or 3 trades a week. But you have to be ultra picky. We had some great examples posted here this week.
Go back and look at the great trades. What characteristics do they have? I bet you'll find commonality.
I'm pretty much done with all this ...