I think it really breaks down into only 2 scenarios. You either have an edge, or are confident in your ability to trade, and hence, at no time...
He is talking about the Pattern Day trading Rule. If you were to be trading stocks, you would need at least 25k in your account in order to make...
Out of curiosity sstheo, how did you blow your previous accounts? With your trading in these past few journals, it seems almost impossible. Like...
In my experience, and just my own, each time I reverse a trade after taking a loss, it ends up being a loser as well. This of course means that...
Last time I believe you showed some charts with your trades. Will you be sharing this with us every now and then again?
Very interesting how its all within 40-60% of what happens next. I don't consider the 6-8 down days in a row to be at all significant because its...
And, unlike just about any other business, we can make money when things are going downhill fast. When many worry about getting laid off, it's...
Absolutely right. Trading is about as fair of a game as it gets out there. In the workplace, you can easily have a boss that hates you, or a...
This is where you are wrong. You had a good streak you say of 16 profitable days, but how many trades were profitable? With a 50% win rate,...
Honestly, its just crazy to me that with a 5k account you will be risking $150 per trade, especially for someone going live from years on sim....
As crazy as it sounds, me telling you what you should be comfortable with, I still feel like I need to warn you. Losing $150 is very painful for...
What more needs to be said if you had 16 winning days and only one losing day? (assuming the losing day isn't worth more than 10 winning days)...
I know what you mean. Its like so often by the time the trade looks really good, it has already gone 1/2 of the way up the range or whatever it...
To get out of a trade is very dependent on your strategy. Some need to see a lower high, telling them the trend might be over, others don't...
You forgot number 4 :p. I honestly think it might depend on what happens with Trump over the weekend. [ATTACH]
I'm no expert, but I honestly don't think that data from 13 years ago should be used to evaluate a strategy today. Buy low and sell high will...
Funny you bring him up. When I started here under this name, he was the first one who I noticed had blocked me almost before I said anything. I...
The "block" feature is kind of ridiculous. Since we all know that you can either just log out, or open the page in a private window to see all...
There is only one other trader here who uses this word.... Hmmm...:rolleyes:
On the surface, its not a bad strategy, but of course you do sometimes hit the max loss. The reason why I say its not bad is because the markets...
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