changing my mind on day trading

Discussion in 'Trading' started by Jdesey, Mar 20, 2022.

  1. easymon1

    easymon1

    What a Great Idea, lol.

    I look forward to your list. Again, I don't know the art and intuition of trade entry, just some blood simple setups at support and resistance, measured moves, pivs kinds of stuff. That's fine even tho the waiting is the hardest part, lol.

    This is a situation that I'd not considered. Thank you for the head's-up.
     
    Last edited: Mar 27, 2022
    #91     Mar 27, 2022
  2. nodoubts

    nodoubts

    It's only noise if you let it in. If you focus on repeatable technique, you can filter out most of the noise. It's really simple, MMs and big money want to use fear to confuse you and steer you the wrong way. They want to keep traders confidence in the market up, so traders will blame themselves and keep trading. Understanding how they do that puts you in a good driver's seat. There is some craft to this, but it can all be learned by picking up the puzzle pieces bit by bit.

    You sound like an inquisitive mind, which is good. :thumbsup:
     
    #92     Mar 27, 2022
    Leob likes this.
  3. nodoubts

    nodoubts

    It can save you some money. You also can use that as an "alert" when it's time to sell, so you don't sell it all too early with a standing order. It gives you a chance to evaluate it before pulling the trigger.
     
    #93     Mar 27, 2022
    easymon1 likes this.
  4. Sprout

    Sprout

    lol, I like daytrading and have no desire to change minds.

    nodoubt(logic) = demo/-1

    BBB48C12-3C77-49F3-892F-556ECB8E7C0C.jpeg
     
    Last edited: Mar 27, 2022
    #94     Mar 27, 2022
    toucan likes this.
  5. irniger

    irniger


    I too traded many markets and timeframes with often disappointing results even with spending la lot of time trading. Since about 1 year I daytrade about a couple of hours from 4 to 6 pm (living in Switzerland). I trade 4 indices, namely the US30, N200, UK and German DAX. And I avoid the open, waiting for nice waves to trade, using alerts and safeguards. Never before traded so easy and safe.

    I know of many guys doing the same; some of them digital nomads making € 5'000 a day in a couple of hours.
     
    #95     Mar 27, 2022
  6. nodoubts

    nodoubts

    lol=:mad: or :(

    Why so sour all the time?

    There are plenty of experienced, positive people on this site, with open minds and generous hearts willing to help you improve your trading to consistent gains if you could just let a little sun into your life. Join us, bro'!:strong:
     
    Last edited: Mar 27, 2022
    #96     Mar 27, 2022
    Leob likes this.
  7. Sprout

    Sprout

    #97     Mar 27, 2022
  8. maxinger

    maxinger


    Lately European index futures trend tends to
    Start rather late.

    At times, trend starts immediately when the UK stock market opens
     
    #98     Mar 27, 2022
  9. newwurldmn

    newwurldmn

    #99     Mar 30, 2022
  10. nodoubts

    nodoubts

    You're exactly right. Emotion is the only reason traders lose money, and all of his comments are emotional, nothing about trading or craft, demonstrating he's still struggling with how to trade well. He's not seasoned. Pros trade with the following in mind:

    1) - the market doesn't care
    2) - missed deals don't matter
    3) - find the next trade, execute well

    Your head sounds level. Your account will grow and pros will always be willing to help you. Kudos.
     
    #100     Mar 30, 2022