wave 1 up lol. this is a wave 2
i am convinced that a least 50 % of trading is based on the confidence to believe
in your own work and to stick with it and not get shaken out by
ANYTHING. and that is no easy feat.
g
this is not the end of the world
Started by
gannman
, Apr 11 2008 11:54 AM
5 replies to this topic
#1
gannman
-
- Traders-Talk User
- 6,948 posts
Member
Posted 11 April 2008 - 11:54 AM
feeling mellow with the yellow metal
#2
johngeorge
-
- TT Member+
- 4,616 posts
Member
Posted 11 April 2008 - 12:01 PM
wave 1 up lol. this is a wave 2
i am convinced that a least 50 % of trading is based on the confidence to believe
in your own work and to stick with it and not get shaken out by
ANYTHING. and that is no easy feat.
g
gannman
Indeed! Any thoughts here on gold, HUI, or GDX? Thank you in advance. I try not to miss any of your posts and very much appreciate the unselfish sharing you make available on this board.
Best to you.
Peace
johngeorge
johngeorge
#3
hawkeyefan
-
- Traders-Talk User
- 376 posts
Member
Posted 11 April 2008 - 12:21 PM
Getting positive divergences on the 60 minute charts of RUT, NDX, and IXM. If it will hold together
for the next couple of hours, then we shoud head up a little on Monday.
Should have took profits yesterday. Man, they can punish you.
#4
milbank
-
- TT Patron+
- 4,714 posts
Member
Posted 11 April 2008 - 01:19 PM
It's just a little iceberg...
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
#5
arbman
-
- Traders-Talk User
- 19,504 posts
Quant
Posted 11 April 2008 - 01:52 PM
Should have took profits yesterday. Man, they can punish you.
When the volatility is so great, you should simply fully hedge all of your open positions and decide during the regular hours, you won't miss much.
#6
Mr Dev
-
- Traders-Talk User
- 11,528 posts
Member
Posted 12 April 2008 - 09:41 AM
Thanks for sharing something I feek is very wise.wave 1 up lol. this is a wave 2
i am convinced that a least 50 % of trading is based on the confidence to believe
in your own work and to stick with it and not get shaken out by
ANYTHING. and that is no easy feat.
g
I appreciate that wisdom,,,,"i am convinced that a least 50 % of trading is based on the confidence to believe
in your own work"
However,..I don't believe strongly as you in this,.." and to stick with it and not get shaken out by
ANYTHING."
No flexibility to be wrong,... may negate any or all of the positive percentage my confidence in my work has to offer me as a trading edge.
I believe in the right to flexibility,.. and the fact that me and my signals are wrong...20-30% of the time....if I was not to be shaken during those
times I would be Flat BROKE !
Edited by Mr Dev, 12 April 2008 - 09:44 AM.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
