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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (72620)10/21/2022 9:31:26 AM
From: Lee Lichterman III1 Recommendation

Recommended By
ajtj99

  Respond to of 97636
 
See my luck, while typing that post, a rumor of Fed pause came out and SPXL bounced over a point. I could have used that!!!!!!!!!!!!!!!

There is no way the Fed is going to pause. No way, zero chance. Zilch NADA and they have said so many many many times. Stupid



To: Lee Lichterman III who wrote (72620)10/21/2022 10:10:31 AM
From: Qone05 Recommendations

Recommended By
ajtj99
Lee Lichterman III
LoveAG
skier31
Sun Tzu

  Respond to of 97636
 
>> I did take a peak at mine a while back and I have an enormous great track record on winners vs losers. I probably bat over 80-90% easy, likely better. The problem is my wins are usually small and my losses big<<

This is psychological. I struggled with this for a long time. This comes from having a win rate that is so high, that you start to believe you know what's going to happen next. That you refuse to cut the loss, because you KNOW you're right. The only time you take the loss is when it becomes so painful that you can't stand it any longer. Which ironically comes at the precise time you should have entered the trade<G> This is how I discovered the harmonic pattern return. <G>

I had to reduce the trade size, to an amount that didn't matter to me, before I overcame this.