Posted by averageguy on 23rd of Mar 2009 at 10:54 pm
Panaspor , sorry for your paper loss . I`ve been at BPT almost
7mths. It took me 2 tuff mths. to realize it`s not that simple to
change your trading style . After some troubled trades I realized
that I had to go back to PAPER TRADING until I was very profitable
on paper with my new style .I`m a bonehead so it took me about 3
mths only cash trading the most obvious trades that jumped out me
before I went full time trading . Because of my patient I have hit
my goals for 5 weeks! Today was a confusing day because I WAS
OVERCONFIDENT and doing some things in live trading that I
did`nt " simulate " first . I find improving is a
reward in itself , so without misstakes I would`nt improve .
Wellcome to the blog and best of luck to you . Ed
Posted by panaspor on 23rd of Mar 2009 at 11:15 pm
averageguy - You're comments are more than appreciated. I
obviously have to change the way I trade and I think you're idea of
paper trading for a while, might be the best way to go.
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Panaspor , sorry for your
SPX 5 min chart.png Maybe? that's a 5 min chart so ...
Posted by averageguy on 23rd of Mar 2009 at 10:54 pm
Panaspor , sorry for your paper loss . I`ve been at BPT almost 7mths. It took me 2 tuff mths. to realize it`s not that simple to change your trading style . After some troubled trades I realized that I had to go back to PAPER TRADING until I was very profitable on paper with my new style .I`m a bonehead so it took me about 3 mths only cash trading the most obvious trades that jumped out me before I went full time trading . Because of my patient I have hit my goals for 5 weeks! Today was a confusing day because I WAS OVERCONFIDENT and doing some things in live trading that I did`nt " simulate " first . I find improving is a reward in itself , so without misstakes I would`nt improve . Wellcome to the blog and best of luck to you . Ed
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Posted by panaspor on 23rd of Mar 2009 at 11:15 pm
averageguy - You're comments are more than appreciated. I obviously have to change the way I trade and I think you're idea of paper trading for a while, might be the best way to go.