Warrior Trading is a community of professional traders working together to generate ideas, post breaking news, and educate beginner traders. I run a live audio/screenshare feed into my office so anyone that wants to watch me trading can stop by
"Whenever you focus on the results and not the setups, that's when you get burned"__________________"The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading"
I am about to retire from software architecture and gradually move to trading stocks and options. I do enjoy software development and admit trading can be depressing some times...we'll see :) BTW I used to be a kid 45 years ago... :D
I take positions where I see a 5-10 point gain in the near term. I move quickly and cut losses fast. 7% loss is general rule. 25% gain is general target. Contrarian sometimes-Trender sometimes. Take what the market gives. Always learning.