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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Patrick Slevin who wrote (2369)8/25/1998 10:57:00 AM
From: SE  Read Replies (1) of 44573
 
Such is life....

I have to be careful and stick to my strategies. Yesterday afternoon taught me that lesson......again. However, the TICK divergence appears to be rather sound as it worked on the long side yesterday....had I held and today on the short side. I will study that more and if I become comfortable with a methodology for using it I might do so. Until then, I best exercise patience. That is still the one thing I have to prove to myself I am able to do. Until I do, I had better keep paper trading. Does it come with experience or what? How do you exercise patience and discipline? Maybe it is just natural for some and not for others...I don't know. Seems as though it can be learned, but how to make sure it is exercised every single day is the hard part. One bad day and you can lose a month's worth of profits.

I don't care to be part of the 85% to 90% that is always spoken of. One bad day and there you are.....
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