Recent content by No_Fear

You just need one method to be very successful. Why do you need 10 methods? Just pick the best performing one out of the 10. The rest are just going to dilute your edge since they are inferior.

Just buy and hodl for the long term.

As a kid I always wondered why 90% of traders lose. I often look at the indexes and thought to myself, almost all of them are trending upwards. You simply have to put in money and wait, it's so simple. But as I grew older, I realized people are impatient and full of emotions and most traders...

I can be too fearless (Or greedy if you want to put it in a bad way) at times while trading.

I like to use mechanical methods. Discretionary only once in a blue moon. You have to be very experienced to use discretionary and if a mechanical system with a good or excellent edge has already tell you the amount to bet and your stop loss and take profit, why do you still want to trade...

It depends on if you are willing to take a chance to blow up your account for a chance at 5 digit. Like if you can top it up with money from your salary easily then you can try to be more aggressive then usual. But you will have the same mindset when you reach 5 digits you can easily lose it all.