Day trading is losers game

Discussion in 'Trading' started by oilfxpro, May 17, 2011.

  1. Works great on 1,000 a/c trading futures with Dr Stumm's signals room.
     
    #141     May 25, 2011
  2. cornix

    cornix

    Maybe, no idea what Dr Stumm does and what his room is like. :D

    One of ET old-timers and few real traders on this forum, bighog once said he never used other people signals, cause he didn't want to depend on them.

    I agree with him. :)
     
    #142     May 25, 2011
  3. well maybe thats why i dont like trading the eur/usd. i'm mostly into yen carry trade pairs..

    my understanding is the larger timeframes have more volatility within the bar but smaller timeframes have more volatility over a certain period of time, ie overbought to oversold level. not to mention a lot more chart noise to boot.
     
    #143     May 25, 2011
  4. cornix

    cornix

    Yes, my plays are mostly reversals, and intraday charts provide a lot of them.
     
    #144     May 25, 2011
  5. Here is random scalping , it makes money in day trading.Wide stops etc

    76 trades , profit 3608/8 hours,running loss 2122
     
    #145     May 25, 2011
  6. Everyone is a daytrader the day they put a trade on or take it off. Therefore everyone is a loser. Except, of course, me.
     
    #146     May 25, 2011
  7. Good for you man. I just can't trade that much. I had 9 trades in July Crude yesterday trading a faster chart. I was really happy but considered I had over traded. Today, so far, only 2 and still long.
    Again, way to go. Just goes to show that there are many different was to skin the market.
     
    #147     May 25, 2011
  8. cvds16

    cvds16

    I know cornixforex now over three years and have been in a private chatroom with him since about 2 years now. I can attest to the fact the he is both a professional and can trade like the best out there tying all kinds of tf's together. He's mainly trading reversal with his six pips stop and stays in the trend when the bigger timeframes show him too. In fact he has been a great inspiration for me. So despite what a lot of people think, this can be done ...
     
    #148     May 25, 2011
  9. No comment Mrs. Dalmation . . . I didn't think so.
    Easy to see now who is the most arrogant & dumbest now.
     
    #149     May 25, 2011
  10. Try it , call some live trades in advance and post the results .
     
    #150     May 29, 2011