daytraders after market lounge 9th may 2012, page-21

  1. 470 Posts.
    hey musashi,

    What your saying re having a strategy & sticking to it religously.

    I have read this numerous times in the short time I have been trading & believe it to be true, but I have struggled to find any strategies in print anywhere I can use.

    Plan the trade ,then trade the plan. Words to live by but not a stategy in itself.

    Like bazinga, I hold stocks that are too costly to cut for a loss and I am close to hitting a wall capital wise.

    I have been trying to get my head around T/A so as to identify entry & exit points. Is that a strategy?

    Having stops I understand, but dont think that's a winning strategy in itself.

    Different strokes for different folks, understand that too.

    Yeh ,position sizing & money management as well.

    But my losses tell me there's gotta be more to it that I have'nt worked out.

    Appreciate anything specific you can add to help me become a better trader m8.

    Shit that sounds desperate, lol.
 
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