Recent content by jonbrowusmc

Thanks usrx201 I'll check out that website today!

Thank you!

I still have a lot to learn lol. I'll start reading the Turtle tonight. I wish I was getting paid that much. Currently I'm still in college to get my degree but I'm doing good enough that a company noticed and decided to hire me. Only making about 36k a year at the job I'm at right now. Thank...

I should rephrase that first part. My goal isn't to start making $50 a day but rather stay in the green consistently and then worry about how much I made later on. I need consistent wins to stay in the game.

Like I said I'm not in the mindset of "get rich quick". My goals for swing trading are realistic (at least I think they are). I want to try starting off making around $50 a day and moving my way up from there. A lot of what you said went over my head. I'm not use to the terminology yet so...

From what I've read you should do around 1% to 2% of your capital. Say if you have $100,000. 1% of that is $1,000. Now say there is a stock trading at $100 a share and you put a stop loss at $90. $100 - $90 is $10. You are willing to risk $10 a share. To keep that 1% risk you take $1,000/$10...

Thanks for the reply Robert! I will check out your Lightspeed Trader software

Hey Everyone! I'm not sure if this is the correct place to post this so I'm sorry if this is the wrong place. I did read that I should look at other places to make sure but I couldn't find anything that relates to this topic. However, I've been doing a lot research and studying on swing trading...