I try to think more about whether I followed my plan and traded well rather than how much I made. I don't mind having a small losing day if I traded well (eg. got out of a few bad trades quickly). I don't like it if I made a few hundred dollars because I fluked it and didn't trade to plan (eg. didn't get out when the trade was going against me and fluked a spike to get out with profit) <- very rarely happens. For a cash goal, better to have a longer term one like monthly or quarterly. There is nothing wrong with going a couple of days without trading. Better than forcing a trade where the odds are against you. Saying all that, I still sometImes go against my plan and make bigger losses than I shoIld (still working on that).
- Forums
- ASX - Day Trading
- DTers Aftermarket Lounge - 29 Nov
DTers Aftermarket Lounge - 29 Nov, page-25
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online