Recent content by Grizzly Trader

I think the common assumption of causality between news and market movements is largely unjustified. Major shock events of the size of 9.11 or the event of war will have an impact on markets, but I think mostly the market does what it is going to do and clueless financial reporters attribute...

Volatility == opportunity.

I don't trade for a living, I have a job and trade to increase my modest capital for retainment, but I will answer this post anyway because how people learn to trade is a topic of interest. I had no mentor. It did not cost me any significant capital to learn how to trade as I made a profit...

It is an error to think of trading as a risky investment strategy as in "... i just want to take more risks now with money ...". A good trader will have little trouble outperforming buy and hold and can do so while greatly limiting the size of draw downs. How did you do in the recent bear...

nwbprop clearly understands. Regards, Griz

I did not just say "yield a greater profit", I said "can yield a greater profit." I can think of no more fundamental principle to trading then that a greater profit can be realized in a shorter time frame then in a longer time frame. This is axiomatic to the act of trading. Any person that...

Perhaps what you are trying to say is that swing trading allows you to deploy much more capital then day trading and I would gladly agree that this is a true statement. Indeed, I would think that as wealth increases, a trader must extend the average length of trades if the goal is to maintain...

The principle is applicable regardless of time frame but is most easily demonstrable by comparing buy and hold ( the infinite time frame ) and any form of trading. Truly, this is so obvious that I am surprised that it generates any discussion at all. I can think of only one instance when a...

Newtoet, you err. Please consider that even a very slow trading strategy like that provided by classic Dow theory will significantly outperform buy and hold. Price movements that are noise in longer time frames are opportunities in shorter time frames. The practical limitations on this...

Clearly, the shorter time frame offers more potential for profit but this also requires significantly more work. To me this is a question of life stile. I have no interest in becoming a day trader because I have no interest in working that hard. In the long run, trading == freedom from the...

If you are trading for a living then that is your employment and you should not take unemployment benefits. Unemployment is not so you can get in touch with your inner self, learn how to paint by numbers, or learn how to trade. It is a program to help you while you find a new job. If you can't...

Richard, I am not some sophisticated day trader with a system, I simply swing trade in my 401k which only allows me very little flexibility. I can only take long positions in a very limited number of mutual funds in the Alliance family and can not trade except at close. I started trading...

I would be very interested in how you do. Not that I am much of a trader, I just swing trade in my 401k, but I have been thinking about why the vast majority of people fail to become profitable traders. One possible reason is because they try to learn everything before they start. That...

I would consider myself a trader but my experience is limited to trading mutual funds within my 401k. I have access to about 15 different funds but only use 2. Soon, the company I work for is going to change 401k plans and I will be able to have brokerage privileges similar to an IRA. I...