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the trendline is too subjective. first everyone has its own version, someone use 1'chart, others use 3' or 5', to be honest, when the market closes, I draw the best trendline. second, for day trading, we need fast fingers, drawing those lines need your attention /efforts,consume chunky time...

when i looked the daily chart, one setup pops out of my mind from 114.83 to 94.63 (low), then to 104.7(high), then to 95.25 (low), then to 99.3+....not yet 1 -2-3 1-2-3? I guess where the next stop is. anybody has the same interpretation

when the setup occurs, people do go short. I thought it is in an indicive zone. volume dries up after a big correction, better watch out upside breakout. when market hits resistance, it reverses and it will reverse hard. when you look the daily chart, it is exactly at Feb. High. if go short...

yes, I saw the 97.09, the volume is low. actually saw 98.63 breakdown, but very reluctanly. so first I was bottom picking, saw the bounce 97.6, then the second time, I jumped in, stopped out and went short, thought it may free fall another 3points, but it went back, reversed to long, out at my...

did a breadown when I turned on my computer in the morning. waited too long, thought it will go down to 89.68 (schizo's measured move). so when it pulbacked to my ema, went short, but somehow my mind said, he he it dropped too much, you should buy, so I covered it with loss, but I hated to...

everyone here is going short, I was bottom picking. feel totally pissed my technique is when it starts to go up, I jump in, then to my 3'intra-day chart EMA, when it hits my EMA, I hesitate to book profit, often fall off a significant amount. the last trade is schizo' measured move...

robert, my sina option doubled. I am laughing at those "never pick top" jerks, such as nodoji. sina soared to a level unsustainable, buy? only idiot! gold/silver soared to a level never see in history, a buy? only those suckers. sold silver/gold too, when they hit my ema, will cover...

how much is your account? most overtrading problems come from small account: scared money! day trading is actually fun,not a nuisance. for small account, it is a good way to generate efficient cash flow. can make small become bigger. if you have 5k, do it 10times, that is 50k. if you have...

0.5 point loss with 3 lots? 1.5k is a big loss, what a laugh. that is a very good swing trade. 0.5point loss correspond to my overnight swing trading rule, technically it do break down after I was stopped out, that means I did the right sell. the market is at the consolidation zone, it...

felt lost today. damn it, good friday. just wish crude was now dancing on my screen. the 1-2-3 waltz is the best. 1 2 3 . 1 2 3. ...trading is the best fun

I bought SINA MAY put 150 when it hits 147+. overbought.first time to trade option in my roth-IRA,still holding. a test. have no idea about: buy to open buy to close sell to open sell to close. just felt oversold. shorted 146/147,covered 141. then shorted pre-market 138/137 yesterday...

you will never quit! life is short. working on a regular job to build $300k net needs long time! for an averaging job, may be lifetime, most may end in the middle even broken because of job loss/economic downturn,unsavvy investment mistake....

good point. people lose is because they donot want to learn and they donot want to work, they are lazy. they always have many reasons to say: they are small retail trader, so they can not beat ; they are not lucky enough, so they lose; they are not smarte nough, so they lose; they donot have...

just a kind reminder, market 80~90% time are in cosolidation mode or random move mode, only10%~20% are in orderly move in a big picture. most people pay too much attention to those little random moves (it is totally unpredicatable) and can not see the big picture (orderly move in a randam...

never should move stop loss to B/E. otherwise those little noise move will take out a great trade. if I long and ride a trend, I will wait until a pullback is there, or my stop loss is token out, after a pullback, you will see the pullback low,then move your stop to there, keep holding, until...

fake ? I did not include my profit otherwise most people here losers will be dubious. traded 1000~2000shares of sina traded 6lots of crude 10lotsof NQ

I gradually phase out of day trading since my account is growing to a point I do not need pay nerve neck attention to little noise move. I found whenmyaccount become bigger, the easier Ican trade. normally myR/R is at least 1:2 for day trading, for overnight/swing, at least 1:3. crude day...

posting a real trade is not in my interest. it hurts my performance. distracts my thinking. particualrly my ego. that trade with 1.5k loss is a good trade. though it is a loss. normally after 9:00am, I trade 6lots to 10lots, extreme to 20lots (casually). stop loss maximum is 50 ticks,90%...

what are talking about? here is my morning profit. I run a 100k+ account, not a small trader. lost ac ouple of thousands is nobig deal

fight back, it is a pain. I hate stop loss most time.but I have to.