#73253

@ChrisNYE, it takes balls to open up like you’ve done, so good on you. I’m sure the ProRealCode community will give you all the support they can.

You probably feel a little punch drunk right now, and maybe you think, “I’ll just keep going… maybe even double up… how much worse can it get?”…Of course you already know – it can get much worse.

I’ll echo what has already been said – take a step back and do NOT risk any more real money.

Anyway, what I really wanted to say was this – it’s not all about triggers for entry. Don’t neglect your exit strategy – this is as (if not more) important than you entry strategy.

The market only does 2 things – it goes up or it goes down – so just flip a coin and your trades will show a profit at some stage around half the time. Don’t kid yourself that there is magical indicator that will solve all your problems. It doesn’t exist. I think the trick is combining a decent trigger with good money management & clever limit strategies – with a big emphasis on the last two. Look back at your live trading – I bet many of those bad trades were in decent profit at some stage.

It’s a brutal balancing act though, and hindsight is always 20/20.

Good luck.