To Paul L:
Out of all of us you were so good, the very best. I know why you started to fail lately, lack of a definite plan and absolute discipline to it.
I will try to learn from you my friend, and succeed for us all. I hope you are doing great in your current endeavor.
To Frank L:
You are very good as well. I think that the market was changing and so were we and our expectations. However we fail to realize how difficult the coming changes were and kept doing what we did before. When it didn't work, we kept blaming the market and kept on doing it, because we had personal cushions. We should have made much bigger changes and create better plans for success, that was we failed. Lets learn our past and create a much more successful future. Yes, we need much better and more detailed methodology.
To Richard D:
You were very successful. You gave your methodology to the kids, who gave it to the world, because of your pride. When such a method is revealed to the world, it will work less than it did and then it will stop working because everyone will start to use it.
To Me:
I know a reason for my failure is the same as Paul and Frank. Another reason for my failure is my wanting to smooth the curve of my trading system.
My lessons to me.
1. Since I have a complete system already, absolute discipline to my trading plan on every single trade of every single day.
2. From Richard D, never reveal my system
3. I have a system that was developed through pain of trial and error, and I will trade and apply it on every single trade of every single day. I will never second guess my system. That will only lead to failure. Thank you for the wonderful system that I have.