I'd suggest to find your own way to win first, instead of trying to mimic what others are doing. Then later you can build on that and try to absorb the things you like from others etc.
It's no use copying others if you don't have their skillset.
not improving
You haven't indicated how long you've been trying with the horses so honestly before you start going to put in any money into different sports, maybe try
sticking with the horses for a little longer but rather than putting any money in, just have a little notepad next to yourself and make notes as to what you would expect to happen from what you're seeing on the screen and whether it does happen or not.
If it has been a while and it's not panning out for you, there are tennis tournaments that started this week on the challenger series. Due to lack of any other action they're behaving as if it was your typical bog-standard weekly tournament, majors trade differently. Again don't even put any money into the markets, just watch, observe, make notes, devise a plan of action before doing anything.
...nothing wrong with having the notepad, but for me you'll only learn lessons when you do have money staked, otherwise your notes just become meaningless data imo as afterwards you can always say to yourself 'I would have done this...and I'd have won'.
But as always there are many ways to skin a cat and no one method suits all - the bottom line is there are no shortcuts to success! If you took up tennis would you expect to win Wimbledon next year? Of course not, but over a year you should make positive progress and understand more of what you're seeing/doing.
"softly, softly, catchee monkey"
Good luck to you Sir!
But as always there are many ways to skin a cat and no one method suits all - the bottom line is there are no shortcuts to success! If you took up tennis would you expect to win Wimbledon next year? Of course not, but over a year you should make positive progress and understand more of what you're seeing/doing.
"softly, softly, catchee monkey"
Good luck to you Sir!
I've had a much better day.
I haven't been trading very long. I have only just picked this up again last week, I tried this last summer, but gave it up as a bad job after a couple of months. I know that I can't expect to understand what I am doing immediately, but I did go to bed the other night wondering if I could get enough to change the windows and maybe convert the loft and possibly buy a new car.
I actually have been aiming for a profit of anything rather than a negative on each race. I thought scalping was a good idea, but I can't deal when it drifts, I just can't read what is happening in the market. I am hoping this will come with time.
Slow and steady wins the race.
I haven't been trading very long. I have only just picked this up again last week, I tried this last summer, but gave it up as a bad job after a couple of months. I know that I can't expect to understand what I am doing immediately, but I did go to bed the other night wondering if I could get enough to change the windows and maybe convert the loft and possibly buy a new car.
I actually have been aiming for a profit of anything rather than a negative on each race. I thought scalping was a good idea, but I can't deal when it drifts, I just can't read what is happening in the market. I am hoping this will come with time.
Slow and steady wins the race.
The only real aim is to trade well, if you can do that then profit will come as a direct result of it. While focusing solely on profit can actually prevent you from trading well, sounds the same but there's a subtle difference in mindset and approach.
Easier said than done though, usually it takes people a few years to get there. Trading is complicated like that
Or maybe we're the ones that make it complicated?