Great post! You made my day, Lobster. I'm going to bookmark this post and re-read it once in a while.
Your posts have been some of the most remarkably honest that we've ever seen, and you describe trading and dealing with stress to a tee. One thing you might think of, and that is scaling up as you reach a certain profit level and are able to hold your wins above that point ... also, psychology plays a crucial role in trading, and your ability to relegate your trades to being just another business decision, and making the connection between them and your "day job" is actually the key achieveing an extraordinary level of success in this business. Best wishes and good luck in your trading and everything else.
Are you serious? You are talking about DAYTRADING, a profession that has no honor in it. All you do is sell air back and forth to each other. Either face up to it or quit. Wall Street and all the markets associated with it were never meant to be honorable or noble. That's the garbage fed to the suckers & the bagholders. Seriously, stop deluding yourself. On Wall Street and in the markets, you do whatever you can get away with. Few professionals will tell you otherwise. And I am not just talking about traders, but money managers, I-bankers and others.
Lolz. Everyone knows how manipulative Wall St is...this knowledge is common even to children. And... This manipulative trading technique is NOT new. But I didnot know small shrimps will do it too, before I thought only Hedge Fund traders & The MMs/Specialists and millionaire/billionaire IT(Independent traders) can have the deep pockets to do it. So...you all are millionaires now by manipulating the market? Just wondering how wealthy you folks are after these manipulative-trading practises?
If you think it's useful then you are very "late". This manipulative trading is NOT new whatsoever. Lolz. Fake head up/down to trick people into selling/buying, that is new to you? I have absolutely no interests in learning it. This thread is about HONEST scalping, going with the market by reading the tape, I didnot ask about manipulation trading. No thank you! Talented traders will & can make millions of dollars scalping AAPL by reading the market correctly (high liquid stocks & high volatilities, big caps)...they don't need to do any manipulation nor they can. No one can have enough money to manipulate AAPL...well, NO ONE here anyway. So ...answers in this thread is mostly USELESS.
i didnot say i will scalp AAPL. can you read english? i also said i am new in scalping. it's you guys that brag how great a trader you are then i'd say... if you guys think you are so talented in trading then please go & scalp AAPL & compete with real professional day traders. manipulation illiquid stocks where unexperienced traders/investors are most located is not thing to brag about. this manipulation trading should not impress anyone!!!!