Thursday, October 30, 2008
Finally recovered
In my previous post I had an $800 loss. That happened 2 weeks ago. It took me 9 trading days to recover from my loss. I usually recover faster but the loss I had made me think about my trading style and I felt there was something missing. During these past 2 weeks I made some tweaks to my rules. I think the major change is the incorporating some chart patterns to my trade selection criteria. I think it helps me see some order in the market and it also helps strengthen my conviction when I put on a trade.
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5 comments:
Hey
sory to write to you like this, but i could not find the contact form. I really like your blog and i was wondering if you would maybe like a link exchange with my website www.sayeconomy.com . My site has many good articles and gets many new visitors each day. I think we would both benefit out of this exchange alot.
Next to link exchange i would like to offer you an option to publish some articles of yours about economy on my blog, send them to me and i will publish them. You can add link to your blog under each article and i will publish it as a source.
Well let me know on info@sayeconomy.com . I would really like a link exchange with your blog (i like it alot).
Thank you in advance for your reply.
Cheers,
Matt
well, the rule of money management is to to limit losses as much as we can. 10% losses will need about 11% gain to cover back but 50% losses will need 100% gain to cover back.
well...life is not that fair or else everyone would be millionaires by now already.
cheers...
OBAT,
Look forward to your posts...don't be so long in between!
Good trading,
-AT
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OBAT,
I read your blog everyday. I have one setup myself. I am very small trader. Check it out. http://www.momdaytrader.com/blog. It is way to record my trading thoughts/good trades/bad trades/emotions. Thanks!
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