I made one short trade on NQ futures yesterday, but I was chopped out. The risk was only half of my normal R. I was trying to join the fun of selling during the second pull back, which was a stupid mistake.
No chart here. Ugly and messy.
As mentioned in my twitter. I saw NQ [...]
Archive for March 28th, 2007
In The New Market Wizards: Conversations with America’s Top Traders, Monroe Trout mentioned the trading rules that he lives by.
Make sure you have the edge. Know what your edge is. Have rigid risk control rules … Basically, when you get down to it, to make money, you need to have an edge and employ [...]





