Zen Garden 

There is a simple solution that I ask myself. Does this trade make me nervous? If so, it’s not a good trade.

All trades make me nervous. It took me a long time to get comfortable with being uncomfortable.

deaddog 

It took me a long time to get comfortable with being uncomfortable.

That's an awesome saying!

deaddog 

All trades make me nervous. It took me a long time to get comfortable with being uncomfortable.

So being comfortable with uncomfortable is what gets me into trouble. I am glad it’s working for you but a lot of us need to focus on risk management and keeping the RR correct. I am not constantly profitable so I want to make sure I am not coming across authoritative in any way.

Now that that’s said, is that working for you?


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Zen Garden 

So being comfortable with uncomfortable is what gets me into trouble. I am glad it’s working for you but a lot of us need to focus on risk management and keeping the RR correct. I am not constantly profitable so I want to make sure I am not coming across authoritative in any way. Now that that’s said, is that working for you? Sent using the NexusFi mobile app

Firstly I'm a long only stock swing trader. (I fund my lifestyle with trading)
Here is how I look at it.
I expect every trade to be a loser. So I'm not really disappointed when my stop is hit.
Capital preservation is my number one priority. Keeping losses small is one way of preserving my capital.
I do concentrate on R/R. With my low win rate I have to have a pretty healthy R/R to make any money.

deaddog 

Firstly I'm a long only stock swing trader. (I fund my lifestyle with trading) Here is how I look at it. I expect every trade to be a loser. So I'm not really disappointed when my stop is hit. Capital preservation is my number one priority. Keeping losses small is one way of preserving my capital. I do concentrate on R/R. With my low win rate I have to have a pretty healthy R/R to make any money.

That's a winning formula!

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Never counter trend until a major support fails! This is tantamount! Always stay with the current trend. If a major support fails, then it is time to look for a trade in the opposite direction.

Zen Garden 

There is a simple solution that I ask myself. Does this trade make me nervous? If so, it’s not a good trade.

The opposite of this works for me.

When I'm comforable or NOT anxious with a trade, that's usually an indication that I'm confident with my trade. This means I expect certain outcome and I'm likely to be stubborn i.e not taking my loss.

When I'm anxious, that's because of the uncertainity. That's a good start for any position.

Everyone is different