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


To: Chip McVickar who wrote (18327)3/11/1999 3:17:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
Well, with me I don't care how much it is, I just prefer that the overall day is a winner.

Including commish...with trading I really am cheap.

A lot of it is just common sense, it's not that hard to do. The thing to keep in mind is that there are rarely more than 2 or 3 good trades in a day so if you are trading more than that you are probably wrong.

But the Major thing to keep in mind....I think Tom would agree were he here....is not to lose money. Sometimes I think the people who get beat up have a mindset that they will get rich or at least make a comfortable living.

I think the correct mindset should be "Don't Lose Any Money". The other way may work for some but generally speaking the focus really should be on maintaining your seed capital.