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DAY 22 - BEING ULTRA PICKY OR OVERCAUTIOUS - DOES IT HELP

I often read on numerous trading forums & blogs that their strategy has a high win rate because they take very few trades and that they are ultra picky. But when a novice trader try to apply that same strategy in live market environment and forward test it, they fail to achieve similar results and in fact they hardly make any money. Why is that ?
In my opinion, trading say 4-5 setups per month is going to lead to increased pressure on each trade and thus increases the chances of making an illog…
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Avatar

Being Ultra Picky or Overcautious - Does it Help ?

I often read on numerous trading forums that their strategy has a high win rate because they take very few trades and that they are ultra picky. But when a retail trader try to apply that same strategy in live market environment and forward test it, they fail to achieve similar results and in fact they hardly make any money. Why is that ?
In my opinion,
trading say 4-5 setups per month is going to lead to increased pressure on each trade and thus increases the chances of making an illogical deci
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
alifari avatar
alifari 29 déc

I am always inn for a healthy discussion, thanks for stopping by to express your point of view. Wish you lot's of success in your trading journey.

rivan avatar
rivan 29 déc

yeah - cheers and good night ;)

Nicco avatar
Nicco 29 déc

A happy New Year to you!

alifari avatar
alifari 30 déc

Happy New Year ... Nicco

Nicco avatar
Nicco 30 déc

Congratulations for your performances in 2013! Now "is going to lead to increased pressure" the New Year 2014! A HAPPY NEW YEAR to you!

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