Recent content by StockCoach

It sounds like you are too far deep into the numbers part of the game. When you are testing a system, think about what that system is actually doing. Why does it work? Who is participating in your trades? In your case, you might be dealing with a situation where a large imbalance of...

The Boy Plunger, Great Bear, Cotton King, ala Jessie Livermore. Read "Reminiscences of a Stock Operator" to begin your journey, whether you are day trading or trading on a longer time frame. There are so many things that you must understand that go on during and after market hours -- this...

This is all part of the "game". IMHO, you must view your trading career as a long term event, one that will be much more enjoyable if you simply not worry about the cycling of volatility. This is not to say that you shouldn't take into account volatility for your strategy or how you approach...

Exactly what I was thinking :) The great thing is jrlvnv probably made up the whole story just to pump his stock to $8. If he is telling the truth, then I hope he enjoyed his sushi :)

Well said Forrest :) A trading system is what every trader should have (either in his/her head or in code!). Because each trade result can be seen as a random event, you will trick yourself into thinking one way works over the other, when in reality something completely different should be...

Illiquid, You are NEVER going to exit OR enter perfectly on a consistant basis. I'm not trying to be negative, but it simply is not mathematically feasible. What you really need to do is gather all of your trades up and find the best technique that would work had you applied it to every...

Nana is right. You really can't say that you have something unless you have actually run the "system" for a few months. If you truly have something that works well, I would be very careful who I share it with. Even though most traders wouldn't know a successful system if it hit them in the...