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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (29752)8/6/1999 2:15:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
Well, I am certain you anticipated the possibility for some more weakness....it will be interesting to see how weak it gets and where you change your mind, if you do. You could still be dead nuts on....time will tell.

One thing that I also think, regards paper to real trading, is the more you paper trade and see the outcomes, the closer you are to doing the same in real life. Confidence needs to be built up and over a long period of time it is. Couple continual paper trading practice along with some real time trading experience where losses are kept to a minimum and hopefully profits offset the small losses, and, IMO you are on the way to being a major success.

This is one of the reasons I really enjoyed the contest. Not only did it test me day in and day out, it refined some strategies, tested my stop loss strategies and showed some success that builds confidence. I traded a lot more in the contest than in real life during the same period, but my real life trading was dramatically improved.

The more you do, the better you will get as long as there is constant analysis of what you are doing and things you need to improve on. The contest also allowed a vision into others trading strategies, what works and in some cases what failed miserably.

Well, enough of my rambling....besides this is not directed towards you so much as just some of my observations.....