Danube - sorry to hear about your losses. There are a lot of...

Danube - sorry to hear about your losses. There are a lot of people on this thread who trade incessently and from what I see is more intuition than planning. Overtrading only leads to one thing - more money for the brokers out of our accounts.

The best stuff that I have read on this thread is by Spider and Robb. Well worth reading both again carefully and digesting what they have to say.

I hope it works out for you - it is a tough game and requires discipline and patience and above all to get your perspective right. The game is not about getting it right. It is about making money. The best trend systems only get between 30 and 40% of trades right. But with money management they ride the winners. When I read some people here talk about 60% winners I really start to question their motive - whether it is to get it right or to make money.

I hope that it works out for you.