Why is trading so difficult?

Discussion in 'Trading' started by padutrader, May 7, 2018.

  1. Hotcakes

    Hotcakes

    If you can make money unleveraged, why cant u make money leveraged with appropriate risk control....

    Sounds like u know what ur doing u just won't do it
     
    #131     May 11, 2018
  2. RRY16

    RRY16

    Sounds like both you know how to blow.....accounts.
     
    #132     May 11, 2018
  3. Hotcakes

    Hotcakes

    Ah. The bucket shop hero chimes in
     
    #133     May 11, 2018
  4. If it were easy who would take the other side of the trade?
     
    Last edited: May 11, 2018
    #134     May 11, 2018
  5. padutrader

    padutrader

    ego: today i know trading is a game of survival.
    survive this trade .....
     
    #135     May 11, 2018
  6. padutrader

    padutrader

    i am not making a living, i am gambling:can you make living with lunch money? so why bother trading like a pro
     
    #136     May 11, 2018
  7. Hotcakes

    Hotcakes

    Fund seeders and places like the collective are great for undercapitalized traders with a profitable track record.
     
    #137     May 11, 2018
  8. zenemini

    zenemini

    No, Sir, I am not.
     
    #138     May 11, 2018
    padutrader likes this.
  9. zenemini

    zenemini

    I consider myself a day trader, but a day for me is 24 hours, so I am not necessarily exiting at the close of the "pit" session. I hold for target or stop loss, and I let the market take as long as it takes to get to one of those prices.

    I would suggest, for a day trader, no interval of less duration than a 5 minute chart. I live on the 60 minute chart, I keep a 15 minute chart open, and on rare occasion drill down to a 5 minute or some increment of a tick chart. I never liked referring to these as different "time frames," though, of course, a 60 minute chart with 80 bars will cover a much larger time frame than a 5 minute chart of 80 bars.

    That is very good. I understand what you are saying. I do not think of what I do in those terms, but I do enter where the necessary stop loss is small relative to the projected profit target.
     
    #139     May 11, 2018
  10. zenemini

    zenemini

    "I shall not today attempt further to define the kinds of material I understand to be embraced within that shorthand description [hard-core pornography], and perhaps I could never succeed in intelligibly doing so. But I know it when I see it" Justice Potter Stewart, SCOTUS, Jacobellis vs Ohio, 1964
     
    #140     May 11, 2018
    padutrader likes this.