For example we've all heard these great sayings...
- Only trade x% of your account
- Cut you losses let you profits run
- Your reward to risk ration should be at least 2:1
- Plan your trade and trade your plan
- Backtest, backtest, backtest
- Price is king
Okay quick question....anybody consistently making real money following these rules?
I know my blog is full of these concepts, and I'm actually thinking about removing them because I feel it misleads people.
Bottom line is your are doing what you are suppose to, but you are still in the 90% losers section, so obviously these phrases, books, and guidelines are not working otherwise there should be a lot more winners.
Maybe it's time to take the road less traveled on....
Trade Well....
Brent
No comments:
Post a Comment