Search found 6 matches

by George
Sun Oct 31, 2004 12:17 pm
Forum: Trader Psychology
Topic: Are You Suited to Trend Following
Replies: 42
Views: 58762

George, Kiwi makes some good points. I too was writing with regards to futures and forex. The win / loss ratio is the result of your style of trading set ups or the system you designed. The same for stop loss size. If you desire a trading methodology that utilizes tight stops (what is tight to you?)...
by George
Fri Oct 29, 2004 9:36 pm
Forum: Trader Psychology
Topic: Are You Suited to Trend Following
Replies: 42
Views: 58762

Quite right Kiwi. The first four years of my trading were spent with a complete bias toward the long term. Tom, I take what the market gives me in any individual trade. I have multiple targets, and prefer to leave some on to run. Different time frames have different avg. win sizes, but it matters no...
by George
Fri Oct 29, 2004 11:13 am
Forum: Trader Psychology
Topic: Are You Suited to Trend Following
Replies: 42
Views: 58762

Tom, In my previous statement, I am referring to capital deposited as margin, but that really does not matter. Think betting opportunities Tom, not betting high % of equity. My betsize usually stays well under 1%. Of course, having a quality method or system is very important. The market is just an ...
by George
Fri Oct 29, 2004 9:14 am
Forum: Trader Psychology
Topic: Are You Suited to Trend Following
Replies: 42
Views: 58762

When trading intra day, 2% return a day net of commissions does not require a holy grail system. Do your homework and research. If you choose to listen to the authors and unsuccessful traders that tell you making 2%+ a day is impossible then that is a decision you make. If you choose to make 2%+ a d...
by George
Wed Aug 06, 2003 6:16 pm
Forum: Trader Psychology
Topic: trading and poker
Replies: 8
Views: 11949

similarites between poker and trading

Risk Management.