yeah man spray and pray, led in the air and hope in the heart.
Hedge, its funny you say that, but I really am implying that on some level, If some of these new traders would just break down their trades into smaller increments on the current method they trade they would be more profitable. I am not necessarily implying that you should, it is just saying that the average "new trader"cannot handle that level of patience or identify the exact entry with in a reasonable %risk. If the person would ever really grasp the concept of consistency and compounding no matter how small you would laugh at the "circus" of these traders high %ror expectations.
I do want to clarify that if you can not restrain yourself in any capacity and have a haphazard approach then nothing can fix your trading until you fix your self.
I am on both sides of the fence on this one: There are in the trading world all These Gurus that preach mental strength and having an emotional checklist. Some times there is no emotional fix for a bad "system"; however some things are just a trick away from being overcome.
proper expectation
market timing
exact entry pnt
T2l, I promise that over the weekend when i am not just typing whats on my mind rather more of a calculated post Ill put into detail the approach
Hedge, its funny you say that, but I really am implying that on some level, If some of these new traders would just break down their trades into smaller increments on the current method they trade they would be more profitable. I am not necessarily implying that you should, it is just saying that the average "new trader"cannot handle that level of patience or identify the exact entry with in a reasonable %risk. If the person would ever really grasp the concept of consistency and compounding no matter how small you would laugh at the "circus" of these traders high %ror expectations.
I do want to clarify that if you can not restrain yourself in any capacity and have a haphazard approach then nothing can fix your trading until you fix your self.
I am on both sides of the fence on this one: There are in the trading world all These Gurus that preach mental strength and having an emotional checklist. Some times there is no emotional fix for a bad "system"; however some things are just a trick away from being overcome.
proper expectation
market timing
exact entry pnt
T2l, I promise that over the weekend when i am not just typing whats on my mind rather more of a calculated post Ill put into detail the approach