Grinding it out, day after day

Discussion in 'Journals' started by lescor, Jan 9, 2010.

  1. NoDoji

    NoDoji

    Do you mainly trade this strategy with-trend or counter-trend? (I've always thought of RTM as a counter-trend strat but can see how it can be used with-trend as well).

    Or do you look for situations where price has been steadily swinging in a range and play from the range extremes?

    Also, what is your average hold time?

    Thanks in advance for your feedback!
     
    #21     Jan 10, 2010
  2. lescor

    lescor

     
    #22     Jan 10, 2010
  3. No.Heat

    No.Heat

    Lescor,

    I want to start by thanking you for taking the time to do this. I bet it took guts to take a hiatus from the family for the sake of providing them a better living, hat's off for that.

    If I may, a few questions regarding your trading.

    How do you scan for setups, mathematically or discretionally ?

    Are you a news trader or purely technical ?

    Are all of your winning trades of the higher reward lesser risk nature ?

    What kind of accuracy do you obtain in your trades?

    Do you add to losers ? How about to winners ?

    Do you take fundamentals into account or it does not matter due to your daytrading persona?

    And last do you dabble with earning reports (before or after) ?

    Best of trading in the new year and thanks a million for answering my silly questions.

    No Heat
     
    #23     Jan 10, 2010
  4. slacker

    slacker

    This is going to be a great thread!!! Thanks Lescor!

    1. Do you trade the same stocks every day? If yes how big is your watch list? If you change your watch list how do you scan for tomorrows list?

    2. Have you considered ETFs instead of stocks?

    Thanks again
     
    #24     Jan 10, 2010
  5. what was your biggest notional drawdown since you became profitable?
     
    #25     Jan 10, 2010
  6. Nice to see you back here in the PnL swing,Corey.
     
    #26     Jan 10, 2010
  7. I know it's early, but I have a feeling this will get my vote for "Thread of the Year".
     
    #27     Jan 10, 2010
  8. does dustin have a journal?
     
    #28     Jan 10, 2010
  9. No, but that would give this one a run for it's money! :D
     
    #29     Jan 10, 2010
  10. Dustin

    Dustin

    Corey kicked my ass by a decent margin the last couple years so be thankful he's willing to do this.
     
    #30     Jan 10, 2010