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extradosage
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I have heard alot of good things about Jack Schwager's, Market Wizard so I went to Amazon to purchase a copy. I found 3 different series of his book: Market Wizards, The New Market Wizards, Stock Market Wizards. Is anyone familiar with them? If I was to pick one out, which one would you recommend?
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I use stops based on fibonacci levels. As prices then move in my favor I will adjust them by fib levels. Eventually I do want to start using mental stops. This way I may be able to exit faster when I know I am wrong. I have a tendency to know that the trade is not going to work and will let the markets stop me out. This can become a costly habit.
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I have also participated in several trading rooms myself. You get to learn different styles and trading methods since every trader trades differently. Incorporate what suits you and tweak it to create your style of trading. Good luck.
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Introduce Yourself Here - Don't Be Shy!!
extradosage replied to trading4life's topic in Beginners Forum
New to this club. Been trading the eminis for 2 years now. Sending my regards from Netherlands!