lol lot of jokes here. in trading is to set
a) horizon (short term vs. long term). long term nobody cares
b) to determine the liquidity and depth (sell what the market is selling, buy what the market is buying). I have seen million losses due to low market depth but brilliant ideas (and that was oil market)
c) timing
d) Risk management (cut losses, ride winners)
good traders post all these at one, e.g, I went long DAX at 10000 today because a) VDAX went up and my option is bla bla and my horizon is 1 day. I went out because it hit my stop set at 2% of my equity etc.
Post-factum statements are bullshit.
good traders post relative performance, then do not post e.g. I made 60k and drive Bentley.
good traders explain good deals with 3 sentences.
Amen
so please increase the level
a) horizon (short term vs. long term). long term nobody cares
b) to determine the liquidity and depth (sell what the market is selling, buy what the market is buying). I have seen million losses due to low market depth but brilliant ideas (and that was oil market)
c) timing
d) Risk management (cut losses, ride winners)
good traders post all these at one, e.g, I went long DAX at 10000 today because a) VDAX went up and my option is bla bla and my horizon is 1 day. I went out because it hit my stop set at 2% of my equity etc.
Post-factum statements are bullshit.
good traders post relative performance, then do not post e.g. I made 60k and drive Bentley.
good traders explain good deals with 3 sentences.
Amen
so please increase the level
Коментар