Staying focused while trading

So your suggestions is to trow away years of work and future profit to start all over again with maybe no positive results at all?

I already to have a second strategy for swing stock trading which doesn't take much time at all but i don't want to give up on my day trading. At least not yet, not until my swing trading makes a lot more profit.

 

You'll just have to scroll around your screens on the 1 screen, not ideal, but better than sat around all day or missing them totally and if looks like a trade is nearing then get back to the PC and wait for the setup.

Don't mess with a profitable method, work around it, there few and far between.

 

Sometimes, that is the solution. (ouch, and it's a big hit to the personal ego as well)

Peter Diamandis, uses the services of one company, which gets paid, only, when they manage to destroy the idea. Although their services are expensive,yet, by finding all of the flaws and real impossibilities ,on why one or another business model won't work, they save 5x - 10x more, before the client begins, wasting the capital and time on that unworthy project.

Sometimes, in order to become successful, we just have to travel through wrong ways/paths only to be back into a starting point.
(way more experienced tho...)

I would work on that, if i were you. Laser focus into one area, better than multitasking.

 

I don’t see why a signal based on multiple indicators couldn’t be automated. Take a look at Tradestation or Multicharts; they have some built-in APIs and scripts so you wouldn’t have to start from scratch. Can definitely handle strategies that reference multiple data streams/charts.

 

Can you trust someone to be an assistant, keeping an eye out?

 

I am not using indicators.

 

I am working on the swing strategy but it needs at least maybe $200K to make enough profit to live off, if not more.

Currently i do not have that money. I am combining my day trading with a part time job and could get enough money within the next year or 2, if i stop missing to many trades that is .

 

Like employing someone? I would spend all my profits on their wages so that wouldn't be an improvement.

I don't mind being at my desk during trading hours, just looking for something interesting to keep me busy while i can keep an eye on my charts.

 

Moi.

How much do you need per month, to make a living tho ?

 

Indicator in the broader sense — looking at price/change/volume in some instrument to indicate buy/sell conditions in another.