One of the reasons I like Position Trading

Discussion in 'Strategy Building' started by Buy1Sell2, Apr 18, 2006.

What kind opf trader are you?

  1. I am a position trader

    132 vote(s)
    27.7%
  2. I am a swing trader(overnight)

    137 vote(s)
    28.8%
  3. I am a day trader

    207 vote(s)
    43.5%
  1. Buy1Sell2

    Buy1Sell2

    indicators coupled with price
     
    #91     Jul 13, 2006
  2. amodies

    amodies

    B1S2,

    At the risk of being too general in questioning, what would you recommend concerning getting started position trading? Having travelled a daytrading path, I can imagine you've travelled your own path and have a lot to offer those of us in my position, just beginning the search for a position trading methodology.

    Thank you, amodies
     
    #92     Jul 13, 2006
  3. buy1sell2 how long have you been trading, what is you're capitalization, and how much of that is leverage?
     
    #93     Jul 13, 2006
  4. also buy1sell2, what indicators do you use?
     
    #94     Jul 14, 2006
  5. OnlyIf

    OnlyIf

    Not wishing to stop b1s2 from offering you further information but if you want to develop swing trading methodologies you can do far worse than start with

    John Hill's The Ultimate Trading Guide for some great ideas
     
    #95     Jul 14, 2006
  6. amodies

    amodies

    Thank you, OnlyIf. I'll do that.
     
    #96     Jul 14, 2006
  7. romik

    romik

    For all that want to find answers to above Qs, please go to ES Journal.
     
    #97     Jul 14, 2006
  8. Buy1Sell2

    Buy1Sell2

    Been trading 25 and a half years. I would tell you that I use very low leverage because I relate my trades to total liquid net worth and not the amount in trading accounts. In fact, most of the time, I am below 1 to 1 as I scale in to trades. As far as capitalization, while I appreciate the question, I would like to refrain from a response to that and believe that the answer to leverage is key to success in small or large accounts. Good to hear from you Frank!:)
     
    #98     Jul 14, 2006
  9. Buy1Sell2

    Buy1Sell2

    Price, MACD (especially Histogram), RSI and Bollinger Bands. I have been experimenting with CCI, but not done with research yet.
     
    #99     Jul 14, 2006
  10. gkishot

    gkishot


    Below 1 to 1? What do you mean?
     
    #100     Jul 14, 2006