I have a precise timeframe, entry and exit points, rinse and repeat- works 100% of the time. Do I take the trades? Of course not- I dick around with everything else and then realise I'd forgotten my 'banker'
I used to sit in front of the PC and draw lines on the charts for hours on end.
My results even after years of practice were not impressive. So I decided another approach was needed.
Knowing quite a lot about what was needed and what worked I sat down and wrote out the main points that needed consideration.
This I got coded up on MT4. Not very expensive. It took 2 false starts and coded up programmes to refine my ideas.
The third attempt appears to be successful but it is early days. I check it every couple of hours or so but no screen watching.
It has started well and made 6% in first 2 days. Not bad even if I say it myself.
Plenty of time for gardening etc.
:smart:
I am feeling the same, especially since i started using leverage and learned few things in the hard way without using stop loss when i first started. I trade mainly on the cryptocurrency front (started using leverage trading platforms like Bitmex last summer and now i am on Primexbt) as the volatility is somehow very exiting. Lately i am getting better but the first few trades were full failure until i learn how the instruments work and the advanced order types.I find trading has an added bonus of getting the mind to work. Keeps dementia at bay.
I am feeling the same, especially since i started using leverage and learned few things in the hard way without using stop loss when i first started. I trade mainly on the cryptocurrency front (started using leverage trading platforms like Bitmex last summer and now i am on Primexbt) as the volatility is somehow very exiting. Lately i am getting better but the first few trades were full failure until i learn how the instruments work and the advanced order types.
hey there ....the art to sucessful trading is making it boring and reliable
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I can agree with that for sure.hey there ....the art to sucessful trading is making it boring and reliable
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i'm mediocre. my winning percentages are average.
fantastic - well done ......
i can rate myself as 7/10, of how good i am at trading. have been trading for a while now, almost 5 years.