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Dear Michael,
In summary, my biggest flaw as a trader is the presumption that I understand where the market is going. Obviously, the market, which is more skilled and insidious than us retail traders, enjoys making fun of us and undermining our ambitions to get rich (at its expense) by giving us fierce beatings.
I don’t set stop losses because it feels like I’m giving my blood to a fundamentally greedy market. When I trade in a simulated environment, even without stops, the market is generous to me. But when I trade live, I take a beating. (Spikes terrify me) and I can’t seem to make any trading plan (which I keep changing) work to its full potential, and I’m never satisfied because I want to trade on instinct, but instinct almost always leads me into error.
Bye and thanks for your kind attention.
Gilberto
This doesn’t sound like trend following. You want to move away from short term stuff.
How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.
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