Its very early Sat morning in Boston still up from Fri.
Went over every one of my trades thought about things, mistakes ,successes why's etc.Here is what I deduced in essence what trading is.Controlling risk and your own greed.
My control of my risk is trading small and spacing my entries however even then its necessary at times to pull the plug and close all losers.Have done this many times this year EG UJ AN etc. and that's normal since we are dealing with probabilities.
Its important you stay focus whatever system you choose to trade 123, TMS,PASR,Naked etc.Does not matter which system you choose but once you choose it focus on it 110% and give all you have.Its keep learning, refining your understanding of a system and over time mastering it. Mr Pip mastered harmonics same as CNtrader but I am sure it took many hours of hard work. What I am saying is there is no magic system or formula in trading master whatever you choose to focus.
In ART usually if you are a painter you focus on watercolors or oils or acrylics and each medium takes years to master specially watercolor.If you jump from medium to medium without mastering any of them you would be sub par artist.Trading is an ART in my opinion and hard work.What you read in books is different in real life because in real trading you are faced with your demons.
Point of my post is focus on pivots and get real good at it.Its not the only way to trade but its logical to comprehend.
green pips
Went over every one of my trades thought about things, mistakes ,successes why's etc.Here is what I deduced in essence what trading is.Controlling risk and your own greed.
My control of my risk is trading small and spacing my entries however even then its necessary at times to pull the plug and close all losers.Have done this many times this year EG UJ AN etc. and that's normal since we are dealing with probabilities.
Its important you stay focus whatever system you choose to trade 123, TMS,PASR,Naked etc.Does not matter which system you choose but once you choose it focus on it 110% and give all you have.Its keep learning, refining your understanding of a system and over time mastering it. Mr Pip mastered harmonics same as CNtrader but I am sure it took many hours of hard work. What I am saying is there is no magic system or formula in trading master whatever you choose to focus.
In ART usually if you are a painter you focus on watercolors or oils or acrylics and each medium takes years to master specially watercolor.If you jump from medium to medium without mastering any of them you would be sub par artist.Trading is an ART in my opinion and hard work.What you read in books is different in real life because in real trading you are faced with your demons.
Point of my post is focus on pivots and get real good at it.Its not the only way to trade but its logical to comprehend.
green pips
In trading, you have to be defensive and aggressive at the same time
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