miketranz
962 posts
msg #90290
- Ignore miketranz |
3/25/2010 12:02:23 AM
If you're consistently losing money in the market,maybe it's not the stocks you're trading,it's the person who's pulling the trigger.The key to successful trading is knowing what works for you and what does not.If you're not keeping "detailed" trade records,you won't have a shot at developing the competency to survive in the market place.It's a lifelong work in progress,just like any other profession.Focus only on your past winning trades.If you haven't had any lately,either start paper trading or use small position size until you do.Know the difference between luck and design.When you start trading winners by design,you will start making money.Mike........
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chetron
2,817 posts
msg #90298
- Ignore chetron |
3/25/2010 6:39:05 AM
BLAME-SHIFTER = )
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gmg733
788 posts
msg #90302
- Ignore gmg733 |
3/25/2010 9:15:36 AM
As always, great advice. Thanks!
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taylorsk
106 posts
msg #90324
- Ignore taylorsk |
3/25/2010 12:07:41 PM
When is your book coming out Mike!lol!
Good Advice....
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miketranz
962 posts
msg #90330
- Ignore miketranz |
3/25/2010 12:47:26 PM
Thanks for the kind words.I'm here if anyone needs my help. When the book comes out,I'll make sure you guys get a free copy lol........
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Eman93
4,750 posts
msg #90353
- Ignore Eman93 |
3/25/2010 4:19:20 PM
Great advice..... I find paper trading much diffrent than the real thing I will put on a paper trade an not check it for a day or 2....
I always hold my stops firm but always sell too early. Its a quick emotional responce...
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miketranz
962 posts
msg #90380
- Ignore miketranz |
3/26/2010 12:31:46 AM
Eman,paper trading is a good thing to do if you're new,or if you just need to catch a break from the action.But there's nothing like trading real time with real money on the line.You'll never know what it's like to fell the adrenaline rush,the emotions of pleasure & pain,or of winning & losing money until you get your feet wet.......
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taylorsk
106 posts
msg #94544
- Ignore taylorsk |
7/4/2010 12:16:19 PM
Hey MIke Tranz,
How you been?
Things are going well. I am now up to trading pretty much full trade sizes after starting out small.
It has taken me a few years but I finally have a system that suits my personality and that I ame comfortable trading. So much market noise is now silent as I Just play my play and that is it....
I
Did I see somewhere you where in Calgary? IM in Regina.
Cheers,
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johnpaulca
12,036 posts
msg #94551
- Ignore johnpaulca |
7/5/2010 12:39:50 AM
I just drove through Regina to Calgary, rain washed out the highway in Maple creek, about 30ft hole in the middle of the Transcanada highway, crops are underwater, will be a tough year for farmers...again.
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moby
314 posts
msg #94552
- Ignore moby |
7/5/2010 12:51:35 AM
Good you made it safely home dude : )
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