- Welcome to Ryan's District Boards.
Posted by uz56yv23
- January 22, 2011, 04:15:30 AMFor more stock tips visit
simplified.com/stock_tips.html" target="_blank">You are not allowed to view links. Register or Login ,You are not allowed to view links. Register or Login
On the other hand if you stay with 1 strategy you can get better at it and figure out how to cut your losses in order to minimize your losses when times get rough.
If you are trading many different strategies at the same time you do not know what is working and what is not working. You might be up overall but you could have lost money on some strategies and up on other strategies.
On the other hand if you like making money on the little swings that the market gives off and do not like staying in a position for very long those two strategies will work very well for you.
It is much better to concentrate on just one or two different strategies and not try to master everything. There are many different reasons why this is so.
2. There are always bumps in the road
3. Don��t Know what works
Everyone is different,You are not allowed to view links. Register or Login, so everyone will have better success with
1 strategy over another. For example if you do not like to watch the markets,You are not allowed to view links. Register or Login, or at least check on your positions every day you should not be day trading or swing trading.
Concentrate on One Trading Strategy
The real benefit to just using 1 or two strategies is that it makes it easier to monitor your success and keep a record of how you are doing. This allows you to make adjustments such as keeping a tighter (or more lose) stop on your trades,You are not allowed to view links. Register or Login, or waiting for another indicator to confirm a trading signal before you enter.
There will always be bumps in the road with anything you try. It is very easy to get discouraged by a losing streak with one strategy and move onto the next strategy. But because all strategies will eventually have a rough period you could go from strategy to strategy wondering why nothing is working.
1. Everyone is different
For more on the Stock Market visit You are not allowed to view links. Register or Login
simplified.com/stock_tips.html" target="_blank">You are not allowed to view links. Register or Login ,You are not allowed to view links. Register or Login
On the other hand if you stay with 1 strategy you can get better at it and figure out how to cut your losses in order to minimize your losses when times get rough.
If you are trading many different strategies at the same time you do not know what is working and what is not working. You might be up overall but you could have lost money on some strategies and up on other strategies.
On the other hand if you like making money on the little swings that the market gives off and do not like staying in a position for very long those two strategies will work very well for you.
It is much better to concentrate on just one or two different strategies and not try to master everything. There are many different reasons why this is so.
2. There are always bumps in the road
3. Don��t Know what works
Everyone is different,You are not allowed to view links. Register or Login, so everyone will have better success with
1 strategy over another. For example if you do not like to watch the markets,You are not allowed to view links. Register or Login, or at least check on your positions every day you should not be day trading or swing trading.
Concentrate on One Trading Strategy
The real benefit to just using 1 or two strategies is that it makes it easier to monitor your success and keep a record of how you are doing. This allows you to make adjustments such as keeping a tighter (or more lose) stop on your trades,You are not allowed to view links. Register or Login, or waiting for another indicator to confirm a trading signal before you enter.
There will always be bumps in the road with anything you try. It is very easy to get discouraged by a losing streak with one strategy and move onto the next strategy. But because all strategies will eventually have a rough period you could go from strategy to strategy wondering why nothing is working.
1. Everyone is different
For more on the Stock Market visit You are not allowed to view links. Register or Login