Sunday, January 12, 2014

I wiped out my account again a few days ago. that's five years in a row of losing in the markets. year after year. i get the same results. the same losses. the same i put money in my account. i'm gonna be rich. and then i watch my money evaporate in the markets. but maybe this time, this loss is what i needed to repeat a simple mantra.

TRADING IS A GAME OF PROBABILITIES
ALWAYS HAVE A STOP LOSS ON
NEVER ENTER A TRADE WITHOUT ALSO ENTERING A STOP LOSS ORDER

Saturday, January 4, 2014

start every post with this sentence

i trade one contract fore each 20,000 dollars in my commodities futures trading account