tag:blogger.com,1999:blog-7158367620354117081.post3411216492990728785..comments2023-05-18T11:27:42.854+02:00Comments on Tennis Trading: Changing conditions with the new job...Brulatihttp://www.blogger.com/profile/02889878882946803348noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7158367620354117081.post-43872266058386125692015-08-05T19:34:00.804+02:002015-08-05T19:34:00.804+02:00Thank you, yes I am happy about my new job. The st...Thank you, yes I am happy about my new job. The start was delightful. About part time trading, it has advantages and disadvantages. As an employee you have financial security and you earn more (at least me). On the other hand, don't underestimate the hours in front of a computer. After a working day you don't have the same energy anymore. With this fact I am fighting right now. I guess is a matter of time until I get used.<br /><br />My trading numbers are still fine, but I recognized that the pressure is too high with this setup. I try to make 1-2 ticks more with scalping, so the average profit will be better in comparison to average loss. So my profit will be the same with a 2/3 hit rate like now with 3/4. In the long run I can make more trades, because I don't hesitate so much. If you know that you need 75% hit-rate to make breakeven, you wait to enter the market until you are 100% sure. Sometimes is okay to go in, when your feeling is around 70-80%.<br /><br />About updating the stats... good idea! Yes, it can help not to do it on daily base. Somehow there is pressure to publish always a new all time high and that is not possible. One time in a week seems alright. Later - when the strategy is proven - one time in a month is sufficient. <br /><br />I added your blog. I am curious about it. Good luck and have a lot of fun with it!Brulatihttps://www.blogger.com/profile/02889878882946803348noreply@blogger.comtag:blogger.com,1999:blog-7158367620354117081.post-54226858944516367392015-08-05T13:34:00.204+02:002015-08-05T13:34:00.204+02:00Good to know you´re doing fine in your new job!
A...Good to know you´re doing fine in your new job!<br /><br />About your post, I think you´re still adjusting to the new circumstances, but i can only say good things about trading part-time, in opposition to full-time.<br /><br />The pressure to achieve certain numbers can be a bad thing, i felt that some years ago and the solution that worked for me was to stop updating my stats on a daily basis as a trick to forget them while i was trading. I started updating them on a weekly basis and for the last years i only do monthly updates. From a certain point, trading has a huge pshycological component and sometimes these little tricks can help a lot! Also, i look at your numbers and they are so good that you can sustain a drop in the stats while still being in a very good position, so try not to worry too much while trading!<br /><br />Ps: I decided to give blogging a try (http://greeningisthenewblack.blogspot.pt/), so if you can include me in your blog list, i would be very grateful! Hope you find the content interesting as there are some common points between trading in different sports!Unknownhttps://www.blogger.com/profile/07743005756893231031noreply@blogger.com