Made a lot of progress, but feel like there's so much more to go...

Discussion in 'Trading' started by trader99, Aug 19, 2018.

  1. Pkay

    Pkay

    Why would it take longer?
     
    #191     Feb 9, 2019
  2. Pkay

    Pkay

    First day is always the best day in a new job. What's it like in 3 months time?
     
    #192     Feb 9, 2019
  3. trader99

    trader99

    Job is going great.
     
    #193     Feb 9, 2019
    Pkay likes this.
  4. Pkay

    Pkay

    Great, so you are in a good spot. Use the day job to pay the bills and trade on the side.
     
    #194     Feb 10, 2019
    trader99 likes this.
  5. trader99

    trader99

    Basically. It's pretty nice job that pays more than the bills.

    I think of things from a portfolio management point of view. My job is like bonds/fixed income instruments. Steady and sure. My trading is like higher risk asset classes. You need both in a portfolio. :)
     
    #195     Feb 10, 2019
    Pkay likes this.
  6. Pkay

    Pkay

    If you're making good money trading then surely a quality paid scanner is an investment?
     
    #196     Feb 10, 2019
  7. trader99

    trader99

    I bought one already. That's why I was able to make the good returns lately. :) The monthly cost of the scanner is a pittance compared to the trades it has scanned and helped me identified. Obviously given an inexperienced trader the same scanner, I'm sure the results will not be the same.

    Scanners are only part of the equation. You still need to know how to trade(entry, exit, risk management, position sizing, etc.)
     
    #197     Feb 10, 2019
    Pkay likes this.
  8. Pkay

    Pkay

    Nice that's a good place to be. What sort of ROI are you looking for?
     
    #198     Feb 10, 2019
  9. Pkay

    Pkay

    Thanks, I agree. What scanner are you using?
     
    #199     Feb 10, 2019
  10. trader99

    trader99

    TC2000. Nothing exotic. Plain vanilla stuff. It's how you trade the setups.
     
    #200     Feb 10, 2019