Short term trading

Discussion in 'Trading' started by Newc2, Mar 14, 2017.

  1. MrScalper

    MrScalper

    The best way to find out is to go directly to the source, is it not.
     
    #51     Mar 16, 2017
  2. MrScalper

    MrScalper

  3. Overnight

    Overnight

    What source? Is there a source I could go to that shows how women trade vs. men?

    P.S. And even if there was, why would that affect any little bit of trading anywhere in the universe? What the frak does it have to do with anything? We're all traders!!! *HEAVY SIGH*
     
    #53     Mar 16, 2017
  4. MrScalper

    MrScalper

  5. MrScalper

    MrScalper

    Let's just hope she is not yielding the big sword when she arrives.

    I have a feeling she will be happy to engage in a discussion, but like with trading, I am sometimes wrong?
     
    #55     Mar 16, 2017
  6. Overnight

    Overnight

    Well, I feel your posit earlier was couched in a way that may seem offensive and reeks of inequality. There never has been room for that in our society, and now more than ever it just has no place or valid basis. I shall bow out, but not without a funny clip that illustrates the point, teehee.

     
    #56     Mar 16, 2017
    Xela likes this.
  7. Simples

    Simples

    Isn't a low risk trade just a trade where you risk very little?

    :p

    I thought it was an ear or something too! Don't shit your pants guys.. Geez, no need to get so worked up.

    About anticipating prices based on volume/momentum/whatever, if it works, use it, and when it stops working, stop using it. The results of your trades will be the sum of all its parts, including the environment and the rest of the market. Sometimes, change happens, gotta change with it. Of course we all seek the universal holy grail, but it doesn't seem to exist. This is because no magical formula can predict every future movement, only anticipate recurring patterns and relationships.

    I've found it much easier to focus on price and currently strive to simplify to the simplest possible simple. Higher momentum carry higher risk (depending on context) and volume can be unreliable for most instruments.
     
    #57     Mar 17, 2017
  8. comagnum

    comagnum

    I recall seeing several studies that showed women do better investing in the market and make better day traders - by a wide margin. The reasons given are that men tend to over trade, take on more risk, are over confident, and break their own rules more often.
     
    #58     Mar 17, 2017
    Xela likes this.
  9. Xela

    Xela


    Probably not - but I haven't taken the same path as most people seem to take, either.



    So far, I enjoy it, but am approaching it with a lot of caution and care and conservative position-sizing by comparison with my other trading. I have less than a year's (intermittent) experience of CL, so far.



    I've traded ES a little but don't like it at all, by comparison with NQ (which is the bulk of my trading). I'm a relatively fast intraday trader, and ES feels to me a little like watching paint dry.



    I use the same methods for everything I trade: mostly I'm trying to "buy the dips in intraday uptrends and sell the rallies in intraday downtrends" but in my fast-moving, intraday way. I'm a price-action trader, using my application of techniques taught by Joe Ross, Bob Volman and Al Brooks. All my trading is purely TA-based but I don't use any indicators. And I'm not a scalper.

    I did originally start with spot forex, for much the same reasons that many people do, and (eventually, after a very long learning-curve) made what most people would consider a full-time living from it for three and a half years before eventually switching to futures on the advice of institutional trader friends who were familiar with how I trade and rightly advised me that my methods would work better by using constant-volume candles/bars, which are obviously not available for spot forex.



    That applies to me, also: I started off very undercapitalised, so leverage and low margins suited me. On the other hand, though, I actually had 4 years' demo account experience before ever opening a real-money account (and that was on average about 25 hours per week for 4 years, so around 5,000 hours in total), which is obviously far longer than most people, and after all that I was actually steadily profitable (albeit on a very small scale, of course, at first) really quickly. If it actually interests you, I kind of described my learning-curve and information-sources in a bit of detail in this post. (And by the way I'm not exactly a "little girl": I'm an adult one with a Ph.D.)



    I've seen that said, too, but have no idea whether it's true (though I certainly found Comagnum's post just above this one interesting). I probably effectively "control my emotions" better than about 99% of people not because of my gender but because I have Asperger's syndrome, and am really very "low-emotion" to start with, so there isn't an awful lot there to "control" in the first place. I think that probably makes me well-suited to trading, overall. Funded account trading is no different from demo, to me: I have no emotional attachment to individual results at all - it's all just statistics, probability-functions and risk management, to me.



    Damn, deliveries around here are unreliable, and I'm fresh out of vengeance ... [​IMG]



    Hmmm ... I really must get round to changing my avatar at some point. o_O
     
    Last edited: Mar 17, 2017
    #59     Mar 17, 2017
    777 and Simples like this.
  10. volpri

    volpri

    Does an intraday chart have swings on it? Swing lows? Swing highs? If yes, and you trade from one swing to the next aren't you swing trading!! ROFLMAO
     
    #60     Mar 17, 2017