I actually changed my approach. Since I moved away from those too volatile stocks to those that have 1.5 beta volatility or below I have a whole...
Ok, to set things clear. I trade with prop firm's money. No position overnight allowed. It is only intraday trading. I have no money of my own to...
I understand you, but I have not lost much. about $450 for all this period. it is 2 months and a week. Not this much actually and less than other....
Today traded safer stocks. Won/ lost stayed flat. I did not go completely with my plan, would have been $8 up.
$20 it is only for beginners. It is going much higher for experienced traders. Up to $1000 nds a day. I think I will stick here as new...
I also noticed statistically important behavior of one of such stocks. To say important is that I back tested its behavior over the past 3...
Yesterday afternoon and tonight I was thinking and came to important realization. Me and other guys at our office have been barking on wrong tree...
" Intelligent ignorance. The other day, I was talking with someone who casually trades and they asked me for my opinion on some of some popular...
I wonder, why are you arguing with me? It is not me who set these rules of $20, $30, $50 and so forth maximum losses per day. It is the firm. I...
I think trading 100 shares with $20 limit or 200 shares with $30 limit is quite possible but requires a lot of patience and discipline.
The funny part that same trades at same prices happened yesterday :)
Floor manager told that experienced successful guy is coming over on Monday and that he will teach us some strategies with low risk. It will be...
Last week I got new strategy to learn. This is contra trend strategy which generally speaking is a hunt for reversal. This is a good one. I have...
MA languages.
One more thing. when trading FAZ and FAS the difference lies also in liquidity. While FAS looks like overall liquid it has very low liquidity at...
What I mean is when i am allowed to trade 500 shares with $60-70 daily loss limit, I can trade FAS with 100 shares size.
Yes, I like FAS as well, but how can you trade it confidently with daily loss limit of 20 ticks? When I am allowed to trade 500 shares and have...
You have not read carefully the whole thread. 1. I trade firms' capital: SPY is too expensive for us. We trade cheaper stocks. 2. I do not...
Hi bighog, I trade MS, FAZ and WFC now. They all used to be more volatile but this week volatility is so so. Some guys started trading FAS....
I need to add some. I am obviously looking for support and resistance but after reading through Title Trading Volume II Theory I started...
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