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<blockquote data-quote="Invisible" data-source="post: 900861" data-attributes="member: 10034"><p>Trading makes up around 50% of my income so I rarely take money out so yep, I'm consistently growing my account.</p><p></p><p>I've read about Jesse Livermore in the past but I'm not aware of his system. I did think he traded short as well or maybe I'm thinking of someone else?</p><p></p><p>If you're only trading long then staying out of the market in pullbacks makes sense. Do you let your stops take you out or do you get a specific signal and then just close all positions?</p><p></p><p>Although it sounds complicated my trading is pretty simple once you understand a few key concepts. It's very mechanical, being probability based takes out any emotion. I'm happy to go into more detail if anyone's interested.</p></blockquote><p></p>
[QUOTE="Invisible, post: 900861, member: 10034"] Trading makes up around 50% of my income so I rarely take money out so yep, I'm consistently growing my account. I've read about Jesse Livermore in the past but I'm not aware of his system. I did think he traded short as well or maybe I'm thinking of someone else? If you're only trading long then staying out of the market in pullbacks makes sense. Do you let your stops take you out or do you get a specific signal and then just close all positions? Although it sounds complicated my trading is pretty simple once you understand a few key concepts. It's very mechanical, being probability based takes out any emotion. I'm happy to go into more detail if anyone's interested. [/QUOTE]
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