tag:blogger.com,1999:blog-37433435.post6040199075532703105..comments2024-01-29T01:52:07.363-05:00Comments on Kevin's Market Blog: The Emotional Roller Coaster Of TradingKevinhttp://www.blogger.com/profile/10858224918246729626noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-37433435.post-45065256850464138452007-03-25T16:13:00.000-05:002007-03-25T16:13:00.000-05:00If you can actually get your winners to outperform...If you can actually get your winners to outperform your losers @ a minimum 3/1 clip, you can be even worse than 50% and make money. Just like poker, you need to lose many/most of the time before you can win. Its all in capital mgmt and taking the right risks to gain the appropriate rewards. That's why we play the trading game, it will never be perfect but the odds are definitely better than any MissTradehttps://www.blogger.com/profile/01410892182635380990noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-62577646615476494262007-03-25T09:47:00.000-05:002007-03-25T09:47:00.000-05:00Nice post Kevin.I've tried to eliminate the emotio...Nice post Kevin.<BR/><BR/>I've tried to eliminate the emotions from my long term trading by using a trend following system.<BR/><BR/>I don't try to guess the direction of the market, I just let the system do the work. <BR/><BR/>If the system starts issuing buy signals, then the market is going up. Simple. No guess work. Just execute the signals, place my stops, and get out of the way.<BR/><BR/>IfAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-37433435.post-70141393163726492202007-03-24T11:13:00.000-05:002007-03-24T11:13:00.000-05:00Hi Gurlate,You can be right only 30% of the time a...Hi Gurlate,<BR/><BR/>You can be right only 30% of the time and still make a very nice living trading. It's all about how much you make when you are right and ho much you lose when you are wrong. <BR/><BR/>If you make on average 2 times as much as you lose and you are right 50% of the time, you will make an enormous amount of money over time.Kevinhttps://www.blogger.com/profile/10858224918246729626noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-58713840566267627892007-03-24T11:00:00.000-05:002007-03-24T11:00:00.000-05:00Hi, I completely agree with Jim regarding trading ...Hi, I completely agree with Jim regarding trading no load funds or the proshares. I also think it helps to step back and look at the weeklies and Monthly chart and add the perspective they provide.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37433435.post-3600928406597191562007-03-24T10:52:00.000-05:002007-03-24T10:52:00.000-05:00if an avg trader is only right about a coin toss (...if an avg trader is only right about a coin toss (50%)..than what is the incentive in trading (a time consuming affair for sure)..trader should at least be able to live off trading..<BR/>i keep my day job..and i keep my trades for weeks and not for ours/minutes...<BR/>abt the market i still have strong feelings about its downsidegurlatehttps://www.blogger.com/profile/09639492853328688899noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-61467048113304365002007-03-24T10:09:00.000-05:002007-03-24T10:09:00.000-05:00Hi Jim,I never really looked into trading no load ...Hi Jim,<BR/><BR/>I never really looked into trading no load mutual funds although I've heard them mentioned countless times throught the years. I'm just wondering what kind of volatility these no load mutual funds have intra day. They might not be volatile enough to trade over the short term but your other reasons for trading them are excellent. Thanks for taking the time out to comment.Kevinhttps://www.blogger.com/profile/10858224918246729626noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-56512531285260340552007-03-24T06:25:00.000-05:002007-03-24T06:25:00.000-05:00Kevin, As with most bloggers, regarding trading ve...Kevin, <BR/><BR/>As with most bloggers, regarding trading vehicles, your focus is on stocks, ETFs, options, and futures contracts, most of which have bid/ask spreads, and commissions, etc. which are expensive hurdles to overcome on each side of a short term trade. <BR/><BR/>Do you ever think of using no load mutual funds as trading vehicles? <BR/><BR/>The sector and index (some leveraged) fundsJimhttps://www.blogger.com/profile/10200986177320807235noreply@blogger.com