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

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To: Chip McVickar who wrote (11759)	1/5/1999 10:39:00 AM
From: Tom Trader	Read Replies (2) of 44573

>>Did your system let you down or did you miss read the indicators Neither -- unless one views the losing trades as a system failure -- which I don't. As I have stated many times, about half the trades on my system are losers -- but it is unusual to have hits as large as the ones that I took yesterday. I know what you mean about the opportunities that you missed using the forks -- basically, I am convinced that until such time that one achieves the discipline that one trades every signal -- if that is what your system calls for -- one will not last in the futures game. After all, 90% of futures traders lose money -- so what is it that the remaining 10% do that is so different??

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