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Old 06-07-2007, 01:59 PM
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Re: Smaller profits yields better results?

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Wow, nice work! 29 trades...in the morning alone...phew! Im sweatin just thinking about that hahaha
Tin - understand that this is a learning experience for me as well since I was trading no more than 10 in a typical day. It's an adjustment to say the least.

But like I mentioned, it's much more 'fun' doing my job. I know that it's not supposed to be about fun, but if you enjoy your job, it makes life a little easier in my opinion. It was just an adjustment on my end - instead of saying I wish I caught that entire move with one trade, I am saying glad that I caught a good part of that move with many trades.

Here's another example: around 12:30pm EST we started a nice downtrend. Since then, I have taken about 14 trades. All shorts, but not all worked. Of the 14, 6 failed and 8 worked. So a 57% win rate. Nothing exciting if you just look at that number, but it's yield nice returns as all wins are 1.25 and stops are .75 on average.

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