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londonkid
Registered: Jun 2011
Posts: 149 |
05-07-12 11:16 PM
Hey
Anybody else day trading momentum stocks? I search for good candidates on my esignal scanner usually from the open, 1st hour breakout, midday breakout. I look to cut my losers short and run my winners. So far it is working out ok.
The prop firm I joined does not offer any training or link up with other traders (I am trading remotely in London) so I was wondering if anybody else was doing a similar thing and wanted to hook up.
Thanks
Londonkid.
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MushinSeeker
Registered: Jun 2006
Posts: 196 |
05-08-12 12:39 AM
Quote from Don Bright:
A nice, basic strategy. Works well at times, gotta be really, really, selective in the long run. Are you Series 7?
Don
Translation......
Fooled by randomness....i.e. luck
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londonkid
Registered: Jun 2011
Posts: 149 |
05-08-12 12:39 AM
Hi Don
Nope don't have series 7.
I do ok as long as I cut my losers tight. still cant work out what is better to enter on pullbacks or breaks. hmmm
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SteveNYC
Registered: Jul 2010
Posts: 787 |
05-08-12 02:05 AM
Quote from MushinSeeker:
Translation......
Fooled by randomness....i.e. luck
I trade mo' mentum b/c it gives me mo' money.
Beats other strategies.
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SteveNYC
Registered: Jul 2010
Posts: 787 |
05-08-12 02:09 AM
Quote from londonkid:
Hi Don
Nope don't have series 7.
I do ok as long as I cut my losers tight. still cant work out what is better to enter on pullbacks or breaks. hmmm
hey kid, why not both like a Blowpop lollipop?
I enter on pullbacks AND breakouts.
I used to only enter on pullbacks when I only had one ball. Now that I have two balls, I enter on pullbacks and breakouts.
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