Recent content by pattayatrader

A stock is going up. You are a trend trader. Buy on a pullback with a stop at support and a target of 2:1... or just trail it. You are a reversal trader. Short on a reversal signal with a stop at resistance and a target of 2:1... or just trail it. The timeframe is irrelevant. Over the long...

I think a long term annualized return of 20%/yr is nothing to sniff at. I generally shoot for around 30%, sometimes get 40% and other times sub-30%. But if someone would do my trading for me and give me 20%, I may well take them up on their offer!

Once I left the world of "work", I had no intention of returning. Trading is a full time endeavor.

Another key moment in my evolution as a trader was the focus on controlling risk as opposed to the focus on something that was out of my control, namely reward.

Yes, I had several. I think the key eureka moment was the absolute necessity to detach emotion from outcomes and to judge success on the basis of carrying out the trading process correctly, irrespective of outcome. Once success became measured in terms of consistent execution of a positive...

The process was a series of ups and downs. All in, around 4 years to become consistent.

I met someone who traded for a living. He showed me his set up and he discussed his profits. I was hooked.

Yes, by position sizing differently and by modifying reward to risk, I was able to maintain and in fact increase aggregate annual trading expectancy.

When trading the spread, yes. When I moved to intraday swing trading, no -- I traded stocks making unusual intraday volume, since I was looking for clean and sustained microtrends.

Yes, I traded level 2, when it was still a practical viability.

:) On a more serious note, I have been trading for around 15 years. In the good old days of wide spreads and fractional equities spreads, I daytraded the bid-ask spread. In a post-decimalization world, I moved to intraday swing trading. In response to lower volatility in the early 2000s, I...

At that point in time when my ladyboy friends started requesting money for their company.

I am currently back in Europe. I am heading back to Pattaya in a couple of months, to have a drink with my ladyboy friends.

I am NOT a ladyboy, but I know many and can introduce you to them. I am a red-blooded heterosexual male.

Amazing