Comments on: Trading Ideas That Probably Won’t Work http://www.atradeaday.com/2008/02/06/trading-ideas-that-probably-wont-work/ A Source for Trading Ideas. Wed, 10 Mar 2010 17:43:08 +0000 http://wordpress.org/?v=2.6.1 By: Jonathan http://www.atradeaday.com/2008/02/06/trading-ideas-that-probably-wont-work/#comment-13471 Jonathan Thu, 07 Feb 2008 21:14:27 +0000 http://www.atradeaday.com/2008/02/06/trading-ideas-that-probably-wont-work/#comment-13471 Hi Jeff. Thanks for the kind words and for stopping by! Hi Jeff. Thanks for the kind words and for stopping by!

]]> By: My Daily Routine http://www.atradeaday.com/2008/02/06/trading-ideas-that-probably-wont-work/#comment-13393 My Daily Routine Thu, 07 Feb 2008 12:08:48 +0000 http://www.atradeaday.com/2008/02/06/trading-ideas-that-probably-wont-work/#comment-13393 [...] over at A Trade A day, sparked the idea in my head to inform readers of my daily routine. This doesn’t include when [...] [...] over at A Trade A day, sparked the idea in my head to inform readers of my daily routine. This doesn’t include when [...]

]]> By: Jeff White http://www.atradeaday.com/2008/02/06/trading-ideas-that-probably-wont-work/#comment-13333 Jeff White Thu, 07 Feb 2008 04:18:49 +0000 http://www.atradeaday.com/2008/02/06/trading-ideas-that-probably-wont-work/#comment-13333 Jonathan, You hit the nail on the head with the "not in the business of predicting" comment -- isn't that the nice thing about trading from the charts? I love that, and I trade the same way for the same reason. I also think the decision to be consistent is a must. Taking the setups as they come, and ignoring all else when they do not come, is the only way to truly know if what one is doing is actually working. The trader who chases every tick and jumps in and out of 50 different stocks just hoping to catch a wave somewhere isn't likely to know what works and what doesn't. At the end of the month (or quarter or year), what aspects of his trading should go? Which ones should stay? Your choice to trade the same way each day provides you with that info - the only way to go in my opinion. Finally, I can certainly relate to the "process" of finding trades. It might not be fun but it's a necessity for those of us wanting the best setups. Keep up the excellent work here! Jeff Jonathan,

You hit the nail on the head with the “not in the business of predicting” comment — isn’t that the nice thing about trading from the charts? I love that, and I trade the same way for the same reason.

I also think the decision to be consistent is a must. Taking the setups as they come, and ignoring all else when they do not come, is the only way to truly know if what one is doing is actually working. The trader who chases every tick and jumps in and out of 50 different stocks just hoping to catch a wave somewhere isn’t likely to know what works and what doesn’t. At the end of the month (or quarter or year), what aspects of his trading should go? Which ones should stay? Your choice to trade the same way each day provides you with that info - the only way to go in my opinion.

Finally, I can certainly relate to the “process” of finding trades. It might not be fun but it’s a necessity for those of us wanting the best setups.

Keep up the excellent work here!

Jeff

]]> By: Jonathan http://www.atradeaday.com/2008/02/06/trading-ideas-that-probably-wont-work/#comment-13221 Jonathan Wed, 06 Feb 2008 15:21:19 +0000 http://www.atradeaday.com/2008/02/06/trading-ideas-that-probably-wont-work/#comment-13221 Thanks DSB for the vote of confidence and the input. I'll will make it a point to address consistent trading in futures posts. Thanks DSB for the vote of confidence and the input. I’ll will make it a point to address consistent trading in futures posts.

]]> By: DSB http://www.atradeaday.com/2008/02/06/trading-ideas-that-probably-wont-work/#comment-13186 DSB Wed, 06 Feb 2008 12:38:43 +0000 http://www.atradeaday.com/2008/02/06/trading-ideas-that-probably-wont-work/#comment-13186 Enjoy your site so much. Doing the same setup day after day I agree is the key to consistency, I would enjoy reading more on the subject. Thanks Enjoy your site so much. Doing the same setup day after day I agree is the key to consistency, I would enjoy reading more on the subject.
Thanks

]]>