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Hi, thank you for quick reply.
I have only been involved in trading on part time basis, due to lack of proper capital, until just now that is.
I have been following markets since mid 80s. In 200-2002 I was partner in a company trying to create a trading robot. Undercapitalized and too early we had to file for banckrupcy after only a short time.
After having worked elsewhere I’m ready to have a new go at it. I know it is possible; if I can control my emotions and stay true to my model of technical analysis. Also I have a better capital base 200 000 USD. Trading CFD allows me to expose small fractions of the total, which again keeps it easier to control risk.
Nevertheless, I have a hard time cutting the loss and riding the profit. I tend to overtrade, not out of anger or attempting to have revenge, but to poor discipline and patience. Thus my win/lose ratio is around 2/3 of my trades are losing ones. With only 1/3 winning trades I’m in a positive range, profit wise. All I have to do is to be more patient, make fewer trades. Also develop a stomach for losing ones; making sure I don’t cut a loss right before the market turn the way I assumed when entering it.
I do this all allone. Subscribing to a service that I can “trade along with” might help me turn the situation mentioned above around. Higher profit in each profitable trade, fewer losing ones, turning win/lose ratio more to 50/50, maybe even reverse it towards 2/3 wins / 1/3 losses. A steady consistent period with such development will probably strengthen my mental ability to larger positions thus better results.
I basically trade commodities, with a special preference for the exotic ones… KC and CC in particular. GL also. I find CL very difficult, in my opinion only suitable for day trading.
Hope this service might be what I’m looking for.
Thanks,
Berger
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