Recent content by jimbogf

I always thought an 'edge' was having/built a trading system that works for you and your personality that you can execute profitably. If you can achieve that then you definitely have an edge over most traders. I've been trading for just over a year now and I haven't gotten to that point yet.

I found a handy google doc for fixed position sizing based on dollar risk per trade. Fill in the top and simply look at the chart to see how many shares to trade based on how many cents away your stop is...

8k divided by 20 = 400. some where just below 400 then around 360-380 shares. I've been too dependent on my calculator. Ha

It was an... example, really dude?

I hope this isn't a dumb question. Is there a way to calculate position size quickly in my head without having to take my eyes off the screen and using a calculator while daytrading? Every second counts. There have been more than a few times I've seen a setup in my watchlist and scrambled to...

Not being patient and waiting for quality/high probability setups. Instead I find myself trying to trade poor setups.

I had this same problem, and found a rather simple solution for me - breakfast. A nice satisfying protein filled and fatty breakfast with eggs and bacon or sausage before the market open made a remarkable improvement in my morning trading and alertness. Pop tarts or any other breakfast that is...