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Partner 728x90
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NinjaTrader
Strategy for ES
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Originally posted by elitetradernyc View Post
The correct first question to ask is: 'What is your risk tolerance, and for how long a streak?" Once you answer that question, then you find a strategy that handles your psychological makeup, as determined by your risk profile.
If the trading style does not match your psychology, success is unlikely, if not impossible. That is why 2 different traders can be trading what looks like the same system, and one can be making losses while the other is making profits. Yes, that applies even to automated systems that can be aborted, as pretty much all NT strategies can.
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