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Old 09-04-2009, 03:05 PM
Cash Cash is offline
Regular traders
 
Join Date: Mar 2008
Posts: 41
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I just wanted to say I learnt a lot of valuable stuff from Ken. I might of tweaked some of it to fit my style and my risk tolerance, but the major of it, it works just fine for me. I haven't been back here for six months or so and the reason is trading is going good. The stuff I have learnt is just repeated every day, every trade. Like a baseball player not every time up are you going to get a hit. The key is one to keep your loses small and second pick only the sweet trades. No trade is better than a losing trade.

Lastly with out a well written out trading plan, you are not going to make it. The plan takes all the emotion out of trading. The hard part is having the last two trades go red and the plan calls for you to take the next trade, which is just the same as the last two losers. Shooting 60% on my trades, means getting 4 out 10 wrong, still making big money. Plan the trade, trade the plan.

Thanks Ken for making my life a little better!
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