Recent content by AFX

Thank you for the feedback. You could recommend good criteria for scans could you?

Hi, I was wondering if anyone had any advice on how to go about scanning stocks end of day? I am looking to swing trade stocks over a few days/weeks. I know how to read price and identify support and resistance. However I am unsure as to how to find the best stocks to trade. I have read...

Just a quick one for anyone with experience in at least two of these.. Which do you prefer and why? I am not talking from a short term day trading perspective but rather from a longer term wealth building perspective. Which do you find to be more straight forward to make money on.

Your advice is really good! Thanks you soo much! We have something in common! I love Mart Schwartz, his book is great and his radio interviews excellent too. Would you mind me asking how long you have been day trading for and how long it was before you found your rythm and new you coul do...

Thank you very much for the response. That was exactly the kind of feedback I was looking for. I think I really need to implement that. I take it from the way you are writing that you are a day trader too? or at least you do some day trading? Thanks again Nexas

Hi Daniel, Thank you for the advice. That makes a lot of sense and I think you are right about the psychological issue. So would you recommend also having a daily stop limit? Just to ensure I stick to the rules? Afx

Thank you for the response. I don't average losers, I trade a intraday swing trading type approach so I have set stops and everything... it is just my strike rate goes down the toilet on my bad days... But I hear what you are saying and will look into incorporating it! Thanks again

Hi All, Thank you for your responses! Very helpful indeed! I do have a plan but sometimes I guess I am trying to recoup losses which is a big no-no... the thing is I know this but still make the mistake. Perhaps I need to redefine my plan to make or more systematic... I think I...

Hi All, I haven't been around for a while. Been doing pretty well but I am having a little issue which I am sure many have faced... I have great days, weeks even but then I seem to be able to ruin all of my hard work with a day or two of ridiculous trading. The days usually start off ok or...

Hi All, I was hoping some of you experienced day traders out there could shed some light on a question I have. Do you think it is important to have daily targets and stops. So for example lets say you have a total daily stop loss of 2% asuuming you were taking lets say 0.5% risk per...

Thank you very much for your input! I have heard that things like Market Profile and the Price ladder can help when making the decision to enter. Can you recommend any good resources that I could use to learn about this stuff? Yes I am new to futures and day trading but I have been trading...