Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
How To Trade From 1 lot to 100 lots in a Month Using MMM
"You Will gain More Motivation Out Of Analyzing
Your Records Than From Any Other Source"...Frank Bettger
"He who fears he shall suffer, already suffers what he fears"
Study your records and work with them. Each day, each week, each month, you will improve.
You will find a way to do the thing that now looks impossible. Meditate on Money Management.
With this plan, you will increase your enthusiasm and it will produce everything!
This Journal is NOT about lines, moving averages, indicators, divergences, market profile, auction theory, swings, volume, price action, psychology or forecasting. There are volumes written about those topics. This journal is all about Maths, simple maths and how I listen to my Inner Being.
In my trading I call it Meditation on Money Management. MMM
There is little chance to get to 100 lots in a month by discovering a holy grail. But!...There is a way using maths and an unholy grail. Most trades will be in the ES and will be DayTrades Only. My goal is to reach 100 lots by end of March.
I trade from Intuition with strict money management. There is no point in asking what indicator I use, you have the same within yourSelf. I Feel the Market Pulse, years of practise, study, and thousands of trades. I Trade auto, not some machine! I will explain my daily routine, how I prepare for the day, what I eat, drink and no-think! I keep a daily journal and have for years, but I will also keep this one for a month.
"If you go to the deepest level of your soul,
you will find nothing but Light, Confidence, Courage, Joy, and
THE ABILITY To Take A RISK!" ...Orin
Years ago a broker was conducting a seminar. He asked his best trader client in the room how he traded. He was a pig farmer. "When the cat sits on the black chair, I buy, and on the cream chair I sell" Is that all? "Well if I'm losing at the emd of the day I get out!" Aah! said the broker...Money Management!
To start at 1 contract and get to 100+ using MMM!...That is my Vision! ... Here is an Example...
My job is to suffer. I make the suffering in training hard so that the races are not full of suffering.
Finally, the last thing I’ll say to the people who don’t believe in cycling, the cynics and the sceptics: I'm sorry for you. I’m sorry that you can’t dream big. I'm sorry you don't believe in miracles. But this is one hell of a race. This is a great sporting event and you should stand around and believe it. You should believe in these athletes, and you should believe in these people. I'll be a fan of the Tour de France for as long as I live. And there are no secrets — this is a hard sporting event and hard work wins it. So Vive le Tour forever!
This would help no one. The idea here is to learn how to increase size and decrease size, not show "amazing results".
I want traders to wake up to position size, not tweaking their systems for an extra tick. No one can trade the way I do, EVERYONE can apply position size to their trading.