BlogDecember 4, 2024Michael Covel

“Revenge trading is my worst trading trait…”

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Revenge trading is my worst trading trait. I day trade which I shouldn’t do and when down I add to a trade or trade again with bigger size. I will not day trade anymore and I really need to start making 3% monthly and compound my winnings every month. If I learn a consistent methodology and have success monthly and compound my monthly profit, I will begin year 2 with $100,000. I am nearly 76 and I need to do this properly. Thanks. Any suggestions?

Neil W.

You need a system. Like trend following.

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