Search results

Great day today....(-$1,244 ) Traded pretty well with the exception of 1 mistake and 1 bad trade. 1 bad trade is all it takes. BIG - ($772) - horrible trade. The one day I'm not watching Bloomberg they have a breaking LBO story. This is one of my worst trades in a looooong time. Not in...

She's laughing her way to the bank.

Lesson learned. Don't doubt what the market says. Market indicators have been bullish for some time and I've missed out on some good swing trades. Lesson learned.

cybercash...are you trading these stocks or just calling them out?

Hey man, we all know how it feels to go through the ups and downs of this business. The best thing you can do is go back to your bread and butter and get yourself back on track. Grind out a few winning days and to get it going again. Be strict on taking small losers. Good luck.

Some people are out of the game. Some people just decide not to post anymore and are still in the game. Some people change handles. Some people get tired of some of the BS. Some people troll. Some people have started their own blogs. You never know really. It's a classic thread, we...

Any reason why you decided to use the 8, 20, and 50-period MA's?

Found NoDoji's journal..I love reading it and seeing her progression. Found some other good threads to follow here: http://www.elitetrader.com/vb/showthread.php?s=&threadid=204669 Thanks to you sir. If I hadn't done a search for NoDoji's journal, I wouldn't have come across all those...

Best day: +$54k Worst day: -$11k

People have always talked a lot of crap about how useless ET is, how negative it is, how everyone lies about their successes and failures, how there's nothing to be gained from this site (been that way ever since I created my 1st screenname about 6 years ago), but I must beg to differ. 2...

I want to shrug the atlas. Love that book and love that guy Henry.

Scanners? I think you mean scanning software. We have our own in-house scanning software. I can't go into detail about their configuration. As far as finding strong or weak stocks is concerned, if you give it some thought, it's not hard to figure out. If you're looking to trade what's...

I wouldn't think that is very much for scalping. I don't trade futures so I can't really comment intelligently in that arena. You're totally right that, as traders, we have to figure out the style that best fits our personality. So many people begin trading and fail with one strategy and think...

At my prop...newbies start with around the 30k you stated. As (If) you progress you're allocated a lot more capital. I know my capital is close to approaching 8 digits. More than enough to do whatever I want.

I hope that's a joke. "It" was a reference to the name, "NoDoji"..not to her as a person.

It's awesome that you've daytraded for 25 years, but your assessment of 1:1 risk-to-reward for intraday trading of stocks is wrong. Maybe it was right for the type of trading that you did, but in my trading for the past 4 years (currently in my 5th year full-time) it isn't right at all. I do...

Oh no big deal -- I do think about the possibilities of my P&L, and I do focus on it post-market, but not trade-by-trade or intraday unless I hit my loss limit for the day. I'd rather not share what I think the possibilities are for my intraday, weekly, monthly, or annual P&L. I'd prefer to just...

Here it is. Didn't know it was a girl. Doesn't really matter to me.

I have no idea. When I stick to my rules and really increase my size, I think the results could become unbelievable. But I don't wanna speculate because the reality will be here in black and white. For me, at this stage, the process is more important than size. Once the process is habitually...

No I haven't ever tried that. I like to trade what's moving either because of volume or news. Even on days where the market goes sideways all day there are still stocks moving for technical and news-related reasons. Ive met and listened to Mr. Bright encourage one stock for life, it's just not...