Why 2008 will be a good year

[DaxDestroyer]

I just found a funny and interesting explanation for that

Why 2008 will be a great year … | Riding the DAX


What about putting out some reasons for a good year 2008 then?


Here come my reasons:

- I will double my size from next year on. Should mean more profits :clap:
- I will introduce progressively tightening trailing stops (time is a factor). Found out, that this brings me every day a slight "add-on"(more gain or less pain)
- I will take more time off, especially during the day as I found out, that all trading between 14h and 16h (German time) is fruitless for me Only robs concentration for the afternoon


To ALL again a HAPPY NEW YEAR!

Waiting for your reasons, to include later one thing:
- Being on t2w

 

[yacarob1]

I will double my size from next year on.

What pills are you on for Chrissakes ?

 

[DaxDestroyer]

What pills are you on for Chrissakes ?

No pills at all, just research :clap:
Research gives me confidence and it will be within my RISK parameters

This is why

 

[Atilla]

I just found a funny and interesting explanation for that

Why 2008 will be a great year … | Riding the DAX


What about putting out some reasons for a good year 2008 then?


Here come my reasons:

- I will double my size from next year on. Should mean more profits :clap:
- I will introduce progressively tightening trailing stops (time is a factor). Found out, that this brings me every day a slight "add-on"(more gain or less pain)
- I will take more time off, especially during the day as I found out, that all trading between 14h and 16h (German time) is fruitless for me Only robs concentration for the afternoon


To ALL again a HAPPY NEW YEAR!

Waiting for your reasons, to include later one thing:
- Being on t2w

Good luck DaxTrader mate... It will be interesting trading alongside you on the DAX which I'm relatively new to.

I too was considering raising my trading size but may let my expectancy ratios improve a little more...

Averaging 50 trades a month. November was 60.

Win / Loss ratios 63% / 37%.

I must improve on letting winners run and to cut losses sooner...

Risk/Reward ratio 1/2. (1 to 3 I pulled out of text book, I could not manage)

Nice to see you have met Yacarob1... He is a special one from up North :cheesy:

 

[shadowninja]

For me, as an amateur, I have finally worked out how to enter a trend at the best time (ie not just as it's about to fall back to a retracement level :whistling ) and how to place stops that are just right (à la Goldilocks - not too big and not too small). I feel I have finally developed a life skill. It's making sense at last.

 

[ramjet777]

For 2008.... I will be in the market finally. I will be in around Jan 20 th. I have been studying TA for the last 2 years and doing well on paper. I know I will still have some lessons to learn in the market that I cannot learn from papaer and emotion has a lot to do with it. My goal is to stay in the market and not go bust, yet return a modest return. Happy New Years to all and to all... U know that one.

 

[DaxDestroyer]

Good luck DaxTrader mate... It will be interesting trading alongside you on the DAX which I'm relatively new to.

I too was considering raising my trading size but may let my expectancy ratios improve a little more...

Averaging 50 trades a month. November was 60.

Win / Loss ratios 63% / 37%.

I must improve on letting winners run and to cut losses sooner...

Risk/Reward ratio 1/2. (1 to 3 I pulled out of text book, I could not manage)

Nice to see you have met Yacarob1... He is a special one from up North :cheesy:

Thank you very much
I hope, the guy from the North is not always this precise

The 3 to 1 reward ratio is not related to a 60plus ratio, so don't feel bad.

I think, you are already better than you think
Take care!

 

[DaxDestroyer]

For me, as an amateur, I have finally worked out how to enter a trend at the best time (ie not just as it's about to fall back to a retracement level :whistling ) and how to place stops that are just right (à la Goldilocks - not too big and not too small). I feel I have finally developed a life skill. It's making sense at last.

That's good to hear! :clap:
I really like that! Positive people!

Happy new year!!!

 

[DaxDestroyer]

For 2008.... I will be in the market finally. I will be in around Jan 20 th. I have been studying TA for the last 2 years and doing well on paper. I know I will still have some lessons to learn in the market that I cannot learn from papaer and emotion has a lot to do with it. My goal is to stay in the market and not go bust, yet return a modest return. Happy New Years to all and to all... U know that one.

My respect for putting 2 years of effort before trading!
I hope, it will turn out to be a success for you!

Take care and don't get too emotional on the first trades, no matter whether they turn out to be winners or losers!

 

[PKFFW]

2008 is going to be a fantastic year for me because of the following.......

1: Have a method I am comfortable with and have demo traded for 2.5 months without 2 loosing days in a row or a loosing week and am ready to go live with it early in the new year.
2: Have sufficient capital saved up so I will be well capitalised and not trading scared.
3: My knee is finally starting to feel better most days.

Cheers,
PKFFW

 

[DaxDestroyer]

2008 is going to be a fantastic year for me because of the following.......

1: Have a method I am comfortable with and have demo traded for 2.5 months without 2 loosing days in a row or a loosing week and am ready to go live with it early in the new year.
2: Have sufficient capital saved up so I will be well capitalised and not trading scared.
3: My knee is finally starting to feel better most days.

Cheers,
PKFFW

Sounds like a superb year 2008 for you My best wishes for you!

 

[DaxDestroyer]

Maybe it is because of a holiday, but I thought, much more people, esp. traders, had new year resolutions.

Cheers Carlos

 

[BondSuze]

I hope to learn a lot here, just that
Happy new year to all

 

[DaxDestroyer]

I hope to learn a lot here, just that
Happy new year to all

Thank you for your reply, have a great 2008, too!

Greetz Carlos

 

[BondSuze]

Thank you for your reply, have a great 2008, too!

Greetz Carlos

you are welcome
S.

 

[Sang Froid]

2008 is going to be a good year because.... I am actually going to trade with stop losses and not take the chance of "ah it's ok it'll turn around", which will hopefully enable me to trade more often instead of waiting!!!

 

[DaxDestroyer]

2008 is going to be a good year because.... I am actually going to trade with stop losses and not take the chance of "ah it's ok it'll turn around", which will hopefully enable me to trade more often instead of waiting!!!

I wish you all the BEST!!!

I sometimes put the STOP FIRST in the market

 

[spacetrip]

- With the profit of previous year I will open a new account where I will have trailing stops and smaller spread for some instruments.
- I will learn a lot from this site
- I will graduate

Happy and profitable 2008 to all members here!

 

[Mathemagician]

My New Year's Resolution for trading is to let "good enough" be, well, good enough. If I can accomplish this, I will consider 2008 to be a good year.

jj

 

[DaxDestroyer]

- With the profit of previous year I will open a new account where I will have trailing stops and smaller spread for some instruments.
- I will learn a lot from this site
- I will graduate

Happy and profitable 2008 to all members here!

Thank you! Sounds great! All the best for you!