Jump to content

Mark D.

Lifetime Members
 View Profile  See their activity

  • Content Count

    373

  • Joined

  • Last visited

  • Days Won

    49

Posts posted by Mark D.

  15. Posted

    Hi Bobby, 

    You're not letting anyone down, everyone in this community knows how difficult the learning curve is. It's a tough enough game as is, no need to put unnecessary blame on yourself. Mike Bellafiore from SMB Capital says that he's maybe seen 1 person in his entire career of training be profitable in their first year. and that's the best of the best training, strategies, psychologists and mentoring so please don't be too hard on yourself. i'm not sure there's anyone in this community that was green their first year, including Andrew. Maybe Carlos and Aiman? It's going to be months of red days then little by little you get more proficient, it's a marathon for sure. 

    One thing that helped me was the DAS auto stop at -3R per day. I found -2R to be too restrictive but if i have three losers in a row i know i'm not reading the market right and i'd better pack it in and come back fresh the next day. 

    Hope i'm not intruding or offending. i've been there so i know exactly how you feel. just wanted to provide some encouragement. Keep at it! 

    • Thanks 1

  17. Posted

    1 hour ago, JasonH said:

    Looks like you got out at the perfect time. Why didn't you exit at 2R? What happened at 3R that made you think that it was finally time to get out? I'm guessing you saw that last bullish candle dip its toe over that green level and start to go down and that's when you exited? Then the candle appears to have gone up a bit more after your exit and then finally closed above your exit.

    Great trade btw!

    Thank you! I've noticed that 90% of my trades that go to 2R end up going to 3R so I've been pushing myself to try for 3R as long as there's not a resistance level. I had limit order set at 3R so it got filled on the way up. Just coincidence that it reversed of the high of premarket 

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.

  I accept