This sucks

Discussion in 'Trading' started by ElectricSavant, May 1, 2006.


  1. sorry to hear that...how recently this happend and do u mind elaborate on your misfortune?

    thx
     
    #61     Aug 26, 2006
  2. 'good' to know it hasnt been hard for me only...guess we have to place part of the blame on mkt churn innit.
     
    #62     Aug 26, 2006
  3. Hey now don't beat yourself up friend. :) You are a seasoned pro. You will be back in no time.
     
    #63     Aug 26, 2006
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    #64     Aug 26, 2006
  5. usdBull

    usdBull

    I have been long since 1943. Net profit $62.00. Try long term trading like me, it works great.:D
     
    #65     Aug 26, 2006
  6. intraday position trader? I thought position traders held for weeks. How many trades a day for you Bitstream? and how many positions? (rough average) and you hold them for most of the day?
     
    #66     Aug 26, 2006

  7. well, as a daytrader u either scalp or position trade, no 2ways about it. i make max [rarely]50-70 r/t a day on my worst days [churn], so yeah, on those sessions i scalp quite a few times ; am no good at it but have no choice. the numbers of trades is high because i can't see opportunities and i take a lot of chances. on my best days i dont make more than 20-30trades a day and usually are all scale-in and out in the same stock when is trendin', buildin' my position from open [or there about] 'till close. sometimes i'm done with 10 trades if i find a stock that trends big time.
     
    #67     Aug 26, 2006
  8. ak15

    ak15

    Caught somebody with his hand in the cookie jar didn't you?:D
     
    #68     Aug 26, 2006

  9. interesting, tx for sharing bitstream.
     
    #69     Aug 26, 2006
  10. if u are referrin' to me that wasn't my quote but his answer to my post.
     
    #70     Aug 26, 2006