Day traders pls quit while you can

Discussion in 'Trading' started by Bear Trader, Dec 16, 2011.

  1. u gotz some whey to b on the rite side of da move every time, or most 'o the thyme?

    I awaitz yor reply
     
    #111     Dec 19, 2011
  2. LOL That site has more testimonials that trading info LOL.

    I´m pretty sure that you gonna get out from there knowing how to make good testimonials ROFL.

    P.s. Oh, sorry, U´re already good at it :D
     
    #112     Dec 19, 2011
  3. NoDoji

    NoDoji

    Why do you have to be on the right side of the move every time or most of the time? Earlier this month I was on the right side of the move 8 times out of 29 trades and netted 212 ticks ($10/tick).
     
    #113     Dec 20, 2011
  4. I dont trade ES.

    I do not day trade period.
     
    #114     Dec 20, 2011
  5. Pekelo

    Pekelo

    For big names, Larry Williams and Don Miller. Regardless of what one thinks about them, they are both profitable daytraders. (and they sell things for more money, fucking duh)

    For small names, somebody posted here a broker's list with the records (well a few pages of it). When I went through it, something like 25% was making money. Now of course we don't know their trading styles, but even if only half of those were daytraders, that is still 12% against your zero % claim.

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=228941&highlight=traders+make+money

    By the way Surf, what is the address of your blog?
     
    #115     Dec 20, 2011
  6. Wide Tailz

    Wide Tailz

    Stochastic oversold reversal confirmed by 5 sma on 1 min tick chart on an up trending stock. Check it.
     
    #116     Dec 20, 2011
  7. Show me PnL, not a signal of "The Method". You can find oversold areas after reading any "Trade stocks, become a billionaire" book. (and that book will be a lot cheaper than the "education" on testimonials :)
     
    #117     Dec 20, 2011
  8. Wide Tailz

    Wide Tailz

    True, I've never audited his statements. The method worked and opened my eyes to price based trading. I also had his daily updates for a year and watched him obliterate me with this simple method which I refused to follow.

    Then there is the "bullshort" or "spike short" based on a broken parabola and volume implosion. Works too.

    Check it.
     
    #118     Dec 20, 2011
  9. I'm hearing he has a new signal site, iBinaryTrade.
     
    #119     Dec 22, 2011
  10. Exactly!
    The OP doesn't have a clue what he's talking about.
    And on top of that, he's probably a "noob" using a data feed / platform from either ToS or TD Ameritrade. Good Luck with that! :D
     
    #120     Dec 22, 2011