When does Dec 25 equals Oct 31?
The first person to post the correct answer gets one year free subscription to my blog. Wait a minute, I don't charge subscription. Therefore, you are all winners.
If I trade the same amount of dollar for each trade, have 1 winning trade and 2 losing trades, am I profitable?
What if every 2 girls you ask for a date rejects you and 1 like this accepts your date? Is it worth it?
Is she really wearing Einstein shirt? That's hot.
Back to profitability.
If you answered no, then what if I told you my rewards versus risks is 3-1.
For every trade, I have a 2% stop loss and a 6% profit.
It works unless you are undiscipline, like I am at times.
What hurts is not having stops, shooting stops, or taking more risks than planned.
If I take 6% risk and loss on two trades, then the next two wins only takes me back to even.
That is what happened to me. I was taking too much risk which resulted in having to cover near the top.
Today, my account was up 20.78%. Whew! And Wow!
Monday, April 20, 2009
Think Differently
Posted by Unknown at 5:57 PM