aliassmith wrote:LeMercenaire wrote:aliassmith wrote:
Where's the blood? The sweat? The tears? You're just not trying hard enough...
I gave at the office, thanks.
Its all about what can I do in less than 2 hours a day.
I do like trading but why be a slave to it anymore.
I'm sure I can trade 8 hours a day and make 40 to 100 pips a day but why make a full-time job for myself.
Once I get a few hundred trades under my belt since I returned to only scalping, I'll have the beginnings of some data to make a proper analysis.
# of BE
# of Loss
# of Gains
Accuracy range - not just average or mean
Average # of pips per trade/ hour/day/week/month
With this information I can adjust Risk parameters to figure out my base lot size for Pips per 1%.
Its not really about % return its more about $/month but if I'm not outperforming other investment vehicles then why waste my own time at all.
2 hrs a day is about the perfect balance of work/life for me.
Especially when it pays minimum wage.
Factory worker wage would be INSANE!
Talk about a car part allowance.
Oh man, the fun I'm gonna have at the junkyard AND the track!!!
Cool thing is while working in the garage it's very easy to see the 40" sitting on my desk from an engine bay.
There goes that 2hrs a day idea.