Crazy paper trading day

Discussion in 'Trading' started by farmerjohn1324, Jan 6, 2023.

  1. I'm glad I was asked to make that trading timeline. I never fully realized how correct I was in my long-term predictions on my losing trades (the oil, the gasoline, and the EURUSD). I never fully understood how completely irrelevant long-term position/swing trading is with all this increased leverage.

    Are algorithms the only way to try to get a handle on the markets in the short-term? All that randomness when you zoom in on the chart. Reminds me of Heisenberg's Uncertainty Principle.
     
    #171     Jan 10, 2023
    Cabin111 likes this.
  2. Cabin111

    Cabin111

    By George he's got it...

     
    #172     Jan 10, 2023
  3. Darc

    Darc

    That's why keeping a Trading Journal and reviewing it is so helpful.
     
    #173     Jan 10, 2023
  4. Is there a way to profit on the short-term trading? Do you do it?
     
    #174     Jan 10, 2023
  5. Cabin111

    Cabin111

    No...And I am the wrong person to ask. My time lines are much longer than most peoples.
     
    #175     Jan 10, 2023
  6. How can you do long timelines with high leverage?
     
    #176     Jan 10, 2023
  7. Cabin111

    Cabin111

    I don't...Covered call person here. I just like to look on this thread. I hardly ever post.
     
    #177     Jan 10, 2023
  8. Cabin111

    Cabin111

    Pondering from your post here...

    https://www.elitetrader.com/et/threads/best-retail-broker-for-my-needs.372068/

    You are out of your league at this time. You were asking about margin accounts.

    You probably need to be off of the "trading" forum and go unto the "option" forum. It's fine to read this forum, but this is for major traders. I shouldn't even be here...

    It appears you are trading blood money. Rethink many of your steps please...
     
    #178     Jan 10, 2023
    rb7 likes this.
  9. You need to write into your trading plan when will you stop trading :)
     
    #179     Jan 11, 2023
    spy likes this.
  10. Are you trying to be a smart ass to someone who has made more money than you ever will?
     
    #180     Jan 11, 2023