Randy Ledgister (@iron_shore) 's Twitter Profile
Randy Ledgister

@iron_shore

Independent Trader

ID: 884610796403257345

calendar_today11-07-2017 03:10:23

190 Tweet

156 Followers

23 Following

Randy Ledgister (@iron_shore) 's Twitter Profile Photo

My top 2 things that a trader needs to do to practice good risk management: 1. DO NOT OVER-TRADE Whether you are a seasoned professional or a beginner, over-trading treats you the same and can ruin your account. Every trader has bad days and over-trading will cause you to blow

Randy Ledgister (@iron_shore) 's Twitter Profile Photo

Why do traders using a winning strategy still lose money? Almost 10 years ago when I began trading, I was the same way. Many times I had the right setup but instead of waiting for price to get there, I would place trades I had no business taking. By the time the market got to

Randy Ledgister (@iron_shore) 's Twitter Profile Photo

KEEP IT SIMPLE... FOCUS!!! Focus on the best setups in a handful of markets and let price come to you. Stop chasing everything that looks like "a good trade" . This is exactly how novices blow up their accounts.

Randy Ledgister (@iron_shore) 's Twitter Profile Photo

Take a moment on the weekend to reflect on your trading over the past week: - Review/journal your trades - Back-test your strategy to ensure it still has relevance in current market conditions - Start planning for the week ahead - Relax and do something fun #TradingTips

Randy Ledgister (@iron_shore) 's Twitter Profile Photo

I'd have never become a trader if I knew that success would take, not months, but years. But I'm glad I didn't know. Now, when a new trader asks how long it'll take them, I ask: If it takes 1-5 years for you to learn this well, would it be worth it for the rest of your life?

Randy Ledgister (@iron_shore) 's Twitter Profile Photo

POST - MARKET UPDATE Today's GDP numbers brought much needed volatility to help some of the markets extend their impulsion phase that got underway last week. As anticipated, CL has now solidified it's uptrend on multiple timeframes.  We should look to initiate longs or add on to

Randy Ledgister (@iron_shore) 's Twitter Profile Photo

POST - MARKET UPDATE Equities are still in HTF uptrends but have slowed with NQ and RTY showing more weakness. Yesterday's MNQ and M2K supply zones are still holding as the YM remains a bit stronger, rallying from the DZ that we discussed in this morning's lab. Tomorrow is

OilPrice.com (@oilandenergy) 's Twitter Profile Photo

US Henry Hub Natural Gas futures spiked to almost $4.20 per MMBtu on Monday morning as the US prepares for a major cold snap. #OOTT

US Henry Hub Natural Gas futures spiked to almost $4.20 per MMBtu on Monday morning as the US prepares for a major cold snap.

#OOTT