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2016 Trader Contest goals

Hello Traders,
It has been a while since i have entered this space, due to some career choices my time for studying forex and trading was limited. But hopefully this year i will be able to allocate more time and start trading again.
For this year my goals are to finish the Trader Contest in the top10 for at least 3 months . This will be a milestone that will enhance my progress for trading for a living someday.
Have a blessed and peacefull year and may all your wishes come true.
Happy New Year
E.
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Learning to trade the edge like a casino -part 5

Doing the Exercise. When you have a set of variables that conforms to the specifications described, you know exactly what each trade is going to cost to find out if it's going to work, you have a plan for taking profits, and you know what you can expect as a win-loss ratio for your sample size, then you are ready to begin the exercise. The rules are simple: Trade your system exactly as you have designed it.
This means you have to commit yourself to trading at least the next 20 occurrences of you
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ANABEVZ 18 Ago

Good post!

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Learning to trade the edge like a casino -part 4

Trading in Sample Sizes. The typical trader practically lives or dies (emotionally) on the results of the most recent trade. If it was a winner, he'll gladly go to the next trade; if it wasn't, he'll start questioning the viability of his edge. To find out what variables work, how well they work, and what doesn't work, we need a systematic approach, one that doesn't take any random variables into consideration. This means that we have to expand our definition of success or failure from the limit
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