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Most problems in day trading come from not having a plan and not understanding the
system you are using. Many traders use indicators listed in books not knowing
what they were meant to show and what time frame they were devised for. It is an
understanding of these items and a simple approach that will usually be
successful. Every system works, but everyone can not work the system. Every
trader is an individual and does things a little bit differently as their
temperament, personality and understanding are different.. I wish you luck but I
don't think buying another system is your answer. Ira
RONC2@xxxxxxx wrote:
> Hello!
> Last week I took my first try at daytrading the S&P. Lost about 15 points
> trading the full size contract, scaled back to theE-mini and gained 4points.
> The knot in my stomach has since loosened and I feel that my self training
> through study of various texts and the intraday charts has not been enough.
> Has anyone heard of Todd Mitchell of Trading Concepts? He offers a course
> (inexpensive compared to my recent losses) that sounds interesting and says it
> will coach you to be able to take $500 - 1000 daily from the SP. I'm
> determined to be a successful RT, I understand and learn from my losses, but
> the learning curve I'm on is incredibly steep (not to mention painful).
> Thanks
> Ron
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