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[ATTACH=full]103321[/ATTACH]
[ATTACH=full]103325[/ATTACH]
[ATTACH=full]103324[/ATTACH]
Informational Update
The Action portfolio will include all the relevant portfolio information with every new update (for new readers) but for those who want to keep checking in & don't want to read something already read a separator & "NEW information starts below" warning will be displayed just before new information is added.

CommSec is closed for maintenance
"From 7.30am to 11.30am on Saturday 9th May 2020 (Sydney time), our CommSec and CommSecIRESS trading and investing platforms will not be available. We apologise for any inconvenience this may cause. This means that you will not be able to Place orders online" so in the meantime I'll make a few comments.

Making a profit
[USER=72920]@willoneau[/USER] the objective of trading is making a profit that requires careful risk assessment, disciplined money management, emotional & behavioural discipline but most of all you need the ability to execute a trading strategy flawlessly without hesitation. Losing streaks are a fact of life for traders so it’s vital to manage risk, because it’s your money on the line.

Why complicate something that should be simple
[USER=80472]@Rsthree[/USER] sometimes we are our own worst enemy because we have a tendency to look for confirmation about a decision that requires time to be confirmed & if we are wrong, then we doubt the system. Every system will have losing trades but we aim to be profitable in the long run. The Action Strategy is a "NO THINKING" way of trading, dipping your toes in as they say.

Follow your plan
For others - mechanical trading can be a simple endeavour if you are disciplined, follow the rules & stick to the trading plan. When the appropriate signal shows up, place your order and go on about your life. When you have a fully tested strategy there is no need to second-guess the signals.

Trading the bounce
This is the time to systematically “trade the bounce” as Duc would say provided you have the stomach to digest the volatility.

Skate.

<blockquote data-quote="Skate" data-source="post: 1071586" data-attributes="member: 57364">[ATTACH=full]103321[/ATTACH][ATTACH=full]103325[/ATTACH][ATTACH=full]103324[/ATTACH]Informational UpdateThe Action portfolio will include all the relevant portfolio information with every new update (for new readers) but for those who want to keep checking in &amp; don&#039;t want to read something already read a separator &amp; &quot;NEW information starts below&quot; warning will be displayed just before new information is added.CommSec is closed for maintenance &quot;From 7.30am to 11.30am on Saturday 9th May 2020 (Sydney time), our CommSec and CommSecIRESS trading and investing platforms will not be available. We apologise for any inconvenience this may cause. This means that you will not be able to Place orders online&quot; so in the meantime I&#039;ll make a few comments.Making a profit[USER=72920]@willoneau[/USER] the objective of trading is making a profit that requires careful risk assessment, disciplined money management, emotional &amp; behavioural discipline but most of all you need the ability to execute a trading strategy flawlessly without hesitation. Losing streaks are a fact of life for traders so it’s vital to manage risk, because it’s your money on the line.Why complicate something that should be simple[USER=80472]@Rsthree[/USER] sometimes we are our own worst enemy because we have a tendency to look for confirmation about a decision that requires time to be confirmed &amp; if we are wrong, then we doubt the system. Every system will have losing trades but we aim to be profitable in the long run. The Action Strategy is a &quot;NO THINKING&quot; way of trading, dipping your toes in as they say.Follow your planFor others - mechanical trading can be a simple endeavour if you are disciplined, follow the rules &amp; stick to the trading plan. When the appropriate signal shows up, place your order and go on about your life. When you have a fully tested strategy there is no need to second-guess the signals.Trading the bounceThis is the time to systematically “trade the bounce” as Duc would say provided you have the stomach to digest the volatility.Skate.</blockquote>

[QUOTE="Skate, post: 1071586, member: 57364"] [ATTACH=full]103321[/ATTACH] [ATTACH=full]103325[/ATTACH] [ATTACH=full]103324[/ATTACH] [B]Informational Update[/B] The Action portfolio will include all the relevant portfolio information with every new update (for new readers) but for those who want to keep checking in & don't want to read something already read a separator & "NEW information starts below" warning will be displayed just before new information is added. [B]CommSec is closed for maintenance [/B] [I]"From 7.30am to 11.30am on Saturday 9th May 2020 (Sydney time), our CommSec and CommSecIRESS trading and investing platforms will not be available. We apologise for any inconvenience this may cause. This means that you will not be able to Place orders online" [/I]so in the meantime I'll make a few comments. [B]Making a profit[/B] [USER=72920]@willoneau[/USER] the objective of trading is making a profit that requires careful risk assessment, disciplined money management, emotional & behavioural discipline but most of all you need the ability to execute a trading strategy flawlessly without hesitation. Losing streaks are a fact of life for traders so it’s vital to manage risk, because it’s your money on the line. [B]Why complicate something that should be simple[/B] [USER=80472]@Rsthree[/USER] sometimes we are our own worst enemy because we have a tendency to look for confirmation about a decision that requires time to be confirmed & if we are wrong, then we doubt the system. Every system will have losing trades but we aim to be profitable in the long run. The Action Strategy is a "NO THINKING" way of trading, dipping your toes in as they say. [B]Follow your plan[/B] For others - mechanical trading can be a simple endeavour if you are disciplined, follow the rules & stick to the trading plan. When the appropriate signal shows up, place your order and go on about your life. When you have a fully tested strategy there is no need to second-guess the signals. [B]Trading the bounce[/B] This is the time to systematically “trade the bounce” as Duc would say provided you have the stomach to digest the volatility. Skate. [/QUOTE]

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