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Breakthroughs That Led to Trading Improvement and Success.
in General Trading
Posted
I am now for the first time in years trading on a consistently positive basis.
I am a computer programmer by profession and what in the end what has worked for
me is placing all the rules in a TS Script. I have 90% of all rules automated. I have my cell phone paged when an alert requires my attention.
I use a daily chart to determine market bias.
Larger time frames for me are easier too.
Biggest issue is resloving the delima of knowing that trading is about predicting the future and I always think I can and I am always wrong. That is why I can't really trade myself.
I have to use a rote "DISCIPLINED" following of rules. Then it is the system or rules that are making the decisions. For me this is the difference between success and failure. The difference between systematic trading and gambling.
God bless and good luck...