Why 2008 will be a good year

I will double my size from next year on.

Click to expand...

yacarob1 said:

What pills are you on for Chrissakes ?

Click to expand...

DaxDestroyer said:

I just found a funny and interesting explanation for that

Why 2008 will be a great year … | Riding the DAX


What about putting out some reasons for a good year 2008 then?


Here come my reasons:

- I will double my size from next year on. Should mean more profits :clap:
- I will introduce progressively tightening trailing stops (time is a factor). Found out, that this brings me every day a slight "add-on"(more gain or less pain)
- I will take more time off, especially during the day as I found out, that all trading between 14h and 16h (German time) is fruitless for me Only robs concentration for the afternoon


To ALL again a HAPPY NEW YEAR!

Waiting for your reasons, to include later one thing:
- Being on t2w

Click to expand...

Atilla said:

Good luck DaxTrader mate... It will be interesting trading alongside you on the DAX which I'm relatively new to.

I too was considering raising my trading size but may let my expectancy ratios improve a little more...

Averaging 50 trades a month. November was 60.

Win / Loss ratios 63% / 37%.

I must improve on letting winners run and to cut losses sooner...

Risk/Reward ratio 1/2. (1 to 3 I pulled out of text book, I could not manage)

Nice to see you have met Yacarob1... He is a special one from up North :cheesy:

Click to expand...

shadowninja said:

For me, as an amateur, I have finally worked out how to enter a trend at the best time (ie not just as it's about to fall back to a retracement level :whistling ) and how to place stops that are just right (à la Goldilocks - not too big and not too small). I feel I have finally developed a life skill. It's making sense at last.

Click to expand...

ramjet777 said:

For 2008.... I will be in the market finally. I will be in around Jan 20 th. I have been studying TA for the last 2 years and doing well on paper. I know I will still have some lessons to learn in the market that I cannot learn from papaer and emotion has a lot to do with it. My goal is to stay in the market and not go bust, yet return a modest return. Happy New Years to all and to all... U know that one.

Click to expand...

PKFFW said:

2008 is going to be a fantastic year for me because of the following.......

1: Have a method I am comfortable with and have demo traded for 2.5 months without 2 loosing days in a row or a loosing week and am ready to go live with it early in the new year.
2: Have sufficient capital saved up so I will be well capitalised and not trading scared.
3: My knee is finally starting to feel better most days.

Cheers,
PKFFW

Click to expand...

BondSuze said:

I hope to learn a lot here, just that
Happy new year to all

Click to expand...

DaxDestroyer said:

Thank you for your reply, have a great 2008, too!

Greetz Carlos

Click to expand...

sangfroidFX said:

2008 is going to be a good year because.... I am actually going to trade with stop losses and not take the chance of "ah it's ok it'll turn around", which will hopefully enable me to trade more often instead of waiting!!!

Click to expand...

spacetrip said:

- With the profit of previous year I will open a new account where I will have trailing stops and smaller spread for some instruments.
- I will learn a lot from this site
- I will graduate

Happy and profitable 2008 to all members here!

Click to expand...