Normal
Let me just drop in here and make a very important point which has been missed here and missed by pretty well ALL newbie traders and some who trade(albeit with average returns).No trading plan is worth the paper its written on if it is unknown that upon trading it for x period of time that it WILL make a profit.Every plan I have seen here (not this thread but on this site) is full of wonderful theory (often regurgitated---eg Money Management--- and the often quoted 2% rule---risk and the often mentioned 2% rule---if people honestly think thats all there is to M/M---god help them---its a beginning and may not be suited to a trading methodology---understand this!) but NO factual basis that a profit CAN be made---let alone WILL be made.If you have a plan with no factual basis of expectancy then just write me your cheque for the trades you take---Ill make better use of it!
Let me just drop in here and make a very important point which has been missed here and missed by pretty well ALL newbie traders and some who trade(albeit with average returns).
No trading plan is worth the paper its written on if it is unknown that upon trading it for x period of time that it WILL make a profit.
Every plan I have seen here (not this thread but on this site) is full of wonderful theory (often regurgitated---eg Money Management--- and the often quoted 2% rule---risk and the often mentioned 2% rule---if people honestly think thats all there is to M/M---god help them---its a beginning and may not be suited to a trading methodology---understand this!) but NO factual basis that a profit CAN be made---let alone WILL be made.
If you have a plan with no factual basis of expectancy then just write me your cheque for the trades you take---Ill make better use of it!
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