Profitable ES Daytrading Style Survey

Discussion in 'Strategy Development' started by pretzel, May 14, 2003.

  1. pretzel

    pretzel

    Just wondering what trading styles are used by profitable ES daytraders. I monitor some chatrooms and many have opposite styles (taking opposite trades at the same time) but still net profitable. Other parameters might include targets and stops and timeframe used.

    pretzel
     
  2. For me: all of the above and more... but I also make sure of something that isn't in your list: I keep my stops...
     
  3. pretzel

    pretzel

    It seems that there are only a few voting for countertrend trades,

    Here's a site which uses it and is quite successful - http://bellsouthpwp.net/g/e/gene417/

    Not my style psychologically but cant help noticing them making point after point.

    BTW, I always use a stop and a target (remember Bracket Trader?)

    pretzel
     
  4. Bracket Trader rocks. Tx a lot!
     
  5. The trend is still your friend.
     
  6. Momento

    Momento

    spotting trends, and then the breakout with the squawk box's confirmation has always been a money maker to me. Just a matter of picking a good exit.
     
  7. Pretzel,

    Do you mind explaining the chart you posted ?

    thanks,
     
  8. pretzel

    pretzel

    If you voted in the survey, there are 4 choices - the numbers roughly label the points where you would have entered a trade for the corresponding choice. Any of the choices can produce a winner but you have to get out at the right time.

    pretzel
     
  9. fat_slut

    fat_slut Guest

    are for chumps....
     
  10. taodr

    taodr


    Oh really ! Why?
     
    #10     May 17, 2003