One of my biggest flaws, to use the old golfing phrase, is the occasional "hit 'n' hope" trade, which usually ends up in the rough.
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with the greatest of respect there’s no need to hit & hope, a week is a long time in this game, provides so many quality opportunities just gotta pick ‘em out, avoid the chaffShaunWhite wrote: ↑Wed Mar 21, 2018 5:37 pmOne of my biggest flaws, to use the old golfing phrase, is the occasional "hit 'n' hope" trade, which usually ends up in the rough.
Did badly in Australia last night, and that's probably exactly what I was doing, taking chances without sufficient reason to feel the market will go my way!ShaunWhite wrote: ↑Wed Mar 21, 2018 5:37 pmOne of my biggest flaws, to use the old golfing phrase, is the occasional "hit 'n' hope" trade, which usually ends up in the rough.
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ShaunWhite
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It's a weakness I have to monitor rather than a fatal flaw. The initial dip of the toe in the water is always a small one so it doesn't do too much damage. I'm certainly not in the habit of lumping on a coin toss.
I'm (small) up for the day but without getting all 'trading diary', I think the issue has been adjusting to the rhythm after so long doing essentially one meeting a day, plus a slight over expectation because it's a full card and a 'normal' day. Probably overtraded. All good though, onwards and upwards.
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dragontrades
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now tell me that the market is efficient
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I keep a small calendar on my trading desk now, it gives me a constant reminder that if an opportunity doesn’t present itself today there’s always tomorrow, and the next day, and the next.. (repeat to fade)ShaunWhite wrote: ↑Wed Mar 21, 2018 5:58 pm
It's a weakness I have to monitor rather than a fatal flaw..