leaving a paying job to day trade-experienced day traders please help

Discussion in 'Professional Trading' started by xdiesel123x, Aug 14, 2009.

  1. NoDoji

    NoDoji

    That's why I only trade twice a day :D
     
    #61     Dec 16, 2009
  2. ammo

    ammo

    ya have a 50/50 goin for ya
     
    #62     Dec 16, 2009
  3. craig

    craig

    Thanks for the reply,

    while i actually agree with a lot of what you have said I think we will continue to disagree about edges.

    I think where the issue my lie is the difference between a system and a method. I have never been to any of the sites you have mentioned but i am going to take a guess and say that they are almost all systems with strict rules based on INDICATORS??. "If X happens i must sell" "If Y happens i must buy". Systems are much harder to find an edge in IMO. A system does not allow the market to change and the system still be viable. where as a method allows the trader to take on positions at will and take into account all other market elements before making each trade.

    If my assumption is correct then "An edge is an edge" right? who cares how it is found?

    If not oh well we have both voiced our opinions and i don't care to drag this on forever.

    Craig
     
    #63     Dec 18, 2009