Last 2.5 yrs, last time I had a negative month was in Feb. last time I had a loosing trade was late June. Now I do break even on 40-50% which I'd like to get to 30-40%. But a BE is a win in my book. I only wait for 'no brainer easy' trades, trades that in my opinion have a 80-90% success rate(yes i said 90%, its possible). I risk 2% and wait for that one that takes off with momentum usually giving me just under or just over 2-1 R/R or 4%, if it stops me out at break even then Ill wait for the next. one or two a month thats it. The more times traders open a position in the market the more the long term odds get stacked against them, which is why it can get next to impossible for traders that place many trades to average 5% or any percent consistently for that matter.
Last edited by Easy Trader; 22nd September 2011 at 20:49.