any daytraders out there

Discussion in 'Trading' started by silk, May 4, 2003.

  1. agree if you find a good short setup but this market is a mostly long market right now but that could change at any time.
     
    #21     May 5, 2003
  2. lindq

    lindq

    Two years ago I moved from primarily daytrading to exclusively position trading, holding on average 2-3 days for winners, and 4-5 days for any losing trades.

    I have quadrupled my income. In the past 90 days my trades have netted 87%. I sleep well at night with no stress during the day.

    To make this move, you will need to learn PATIENCE. You can't expect to enjoy the many 1, 2 and 3 point moves that are available to you every day if you sit and watch 1 and 5 minute charts and let yourself be happy with fractional moves.
     
    #22     May 5, 2003