Join me today at 2:00 PST ( Futures) and 4:00 PST (Stocks) to review past trades and post new trading ideas. Looking forward to it. Hope to see you there. #process
You always want to be in control, especially of your risk. No wishing, hoping or praying, EVER! Size doesn’t matter. It means nothing it’s only a number. The same move on 1, 5, 100 or a 1000 contracts doesn’t make any difference on your percentage of return it’s all the same.
If you are stuck on the low time-frame charts, it forces you to analyze the market more and find a reason to play with your trades and move your stops more often. Trading higher time-frame charts increases your odds of avoiding these mistakes that can blow up your account.
@TraderGoalieOne Totally agree! Trading lower time frames like going to a casino and hoping to win, yes sometimes you get lucky but casino will take your money at the end..
Yesterday sold BKNG 1860/1855 put spread for $1.00 .. today bought back for $0.50 expires tomorrow. Following the footsteps of Steve Moses as usual lol..