I set profit targets for the day and stop loss for the day depending on how I see the market action shaping up. Personally, I tend to over trade...
Gotta love these "questions". Yep it's a guess just like everything in life. No guarantees with anything. However, there is something called...
Every trader is different, but I personally busted a couple of accounts while learning. For my daily trade I stop for the day if I hit a loss...
I see where you are going and appreciate the offer but because the data sample is from such a small time window how do you know if the data...
There are no edges because there are too many others out there who are smarter, richer and have more power than I who also see everything. I...
Have a passion for it. Trading as an independent is more fulfilling than as a prop. If can be boring at times - so consider isolating the times...
eh...think about it this way...the odds of becoming a mega billionaire are about handful in many billion (global population)...point is too much...
Ok - it is a few days later than the original post and the majors have corrected quite a bit - so maybe that buying was the public coming in and...
A) IMO you cannot predict issues like slippage, no fills, crosses, order errors, etc, etc. So I have no idea how you are account for that. Not...
depends on your trading model. day traders will say day trading, etc.
it starts....now....no wait....now....nope not yet....now....really.....oops....sorry.......nnnnnowww.....oh crap....
Good question....let me think.....not in my experience from the dozens I have tried even as a prop. Experienced traders tend to stay away unless...
You can have 99 of 100 trades profitable and still loose money. No mention of draw downs which is odd. Heck, I can write an auto strategy in 2...
I heard they are "patent rich", if so how do we value that (as a buyout candidate) ? Stock is below book... New product line, last I saw is...
Crickets chirping on this thread... chirp...chirp...chirp........... Denver is void of much trader activity probably due to being a "small"...
wow - so insightful - you spend time on this website for what reason ? We are all waiting to hear about your fantastic trading...
true but chart patterns alone will not make you money, you have to factor in the stocks relative strength or weakness, volume strength or...
read "Trading in the Zone" by Douglas IMO a must read
trade for a significant time and then see where your mind ends up :D
actually is it s simple quote window w about 10-15 stocks, S&P futures and TICK, and one chart window on a laptop. On the chart I overlay the...
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