DislikedYeah this was a good ole thread back in the day. Thanks to it, I am now trading almost 100%. When I lose it is because I follow my heart and not my head. Stop losses are a waste of money, and patience is the biggest key. Don't get positions so big that you can't handle the ride down on the roller coaster. I have learned to manage the draw downs, and hedge. I always have trades open. You really need to think differently to be successful in this market. I've been trading on a demo for about 6 months and am getting ready for the real deal.
How is Skunny's site- those of you who paid to join? Are you learning all his moly quail secrets? I hope things are going well over there.
Sorry for all the rambling... I scout around the market and trade unmet cycles. They are all over the place big and small, on every time frame. I can't control the timing factor, but I know the extremes, up and down of where the market is headed. I don't mind carrying my long positions because I like those interest payments, but I try to get in and out on the shorts (negative interest).
I am following my method that evolved through Skunny's teachings. I detailed my method in previous posts in this thread. To all of you guy's who are bummed that this thread died, all I can say is go and re-read this thread again. All the pieces of the puzzle are here. Trading 100% is very possible. Not easy, but possible. 90% is easily achievable after subtracting the human factor. Dang human factor!Ignored
Where might I find Skunny's site? I've had a search for it but didn't come up with anything. If posting the link is not allowed, would some one mind PM me please?