Search results

  1. danielc1

    Can you beat the market?

    Welcome, to the forum. You can beat the market.
  2. danielc1

    And another day trader bites the dust

    ok, my bad, you are right. They did not get the memo and income out of an investment is not an income.
  3. danielc1

    And another day trader bites the dust

    @SunTrader : Everyone always should diversify income streams. Traders, doctors, layers, white collar, blue collar, everyone. It has nothing to do with how good you are at your craftsman ships, but with the risk everyone has: being depandable on your own activity to make money. That is the...
  4. danielc1

    Can you use unrealized profit from a Limit order to open more positions in an account?

    It is illogical, and that is why not many people know it or even do it. But when you for example trade a future contract with an overnight margin of $2500 dollar, you can open a new contract when ever your account grows by $2500 dollar. So, if you know what you are doing, you could build up...
  5. danielc1

    Can you use unrealized profit from a Limit order to open more positions in an account?

    Yes, that is how you can build a position with markets money.
  6. danielc1

    Consecutive Winning Days in a row (Intraday Traders Only) Victory Lap

    I keep on ongoing average of daily profit of 21 day's as a measurement.
  7. danielc1

    Can you use unrealized profit from a Limit order to open more positions in an account?

    As long there is a higher net number in your account then the margin you need to open up a position, you can open positions.
  8. danielc1

    And another day trader bites the dust

    Maybe MrRenev wants to make a bet about his opinion?
  9. danielc1

    Is it possible to know whether the market is a ranging or trending market?

    And how is this explanation not in the eye of the beholder, wich is you in this case, that determines what the 'trend' is?
  10. danielc1

    Is it possible to know whether the market is a ranging or trending market?

    And what is the 'swing' trend then?
  11. danielc1

    Is it possible to know whether the market is a ranging or trending market?

    I hope you all know that the definition of a trend is in the eye of the beholder, right?
  12. danielc1

    How are you better than other traders?

    My edge is that I'm a member of the elite trader forum and therefore know more then any other fellow trader, even if he is also a member of the forum.
  13. danielc1

    How to Let Your Winning Trades Run: Got ideas?

    I would look in to the why you are impatient and work on that. No exit rule that would be aloud to run, will be honored with an impatient attitude.
  14. danielc1

    Question about Taxes for Day Trading - Any Germans living abroad?

    Why do you ask a question on a forum and then try to find an answer that you like? If you are a student and your residence is registered in Germany, you will pay your tax as if you live in Germany. Even if you would get a working visa in South Africa and still have a residence in Germany, you...
  15. danielc1

    Bracket Orders - Could Your Trading Method use them?

    Your cons, depends on the software. I use bracket orders and I put limit target orders in it. I even can set a entry stop (limit) for an entry with a bracket attach to it. I can at anytime, while in position, cancel bracket orders 'pending' in total, or per order in the bracket. Resetting the...
  16. danielc1

    since we know that all trading courses are bullshit, what would you actually look for in one?

    There are other 'rewards' then money for a succesful trader to take someone under their wings. A pricetag is just to scare off the uncommitted ones. That 10 years to train yourself is a trap of repeating the same mistake in other clothes. The focus on charts, indicators, entries, exits ,are...
  17. danielc1

    Trailing Stops

    I split my positions and have two to three exits when in profit besides the max stop-loss. First logical scale out, second resistance scale out and third a trailing stop for a shot to get to the moon.
  18. danielc1

    since we know that all trading courses are bullshit, what would you actually look for in one?

    I think you are missing a point here. If bone or any other person that teach someone else and know his stuff that he teaches, he can not ask enough. If you are impressed with the price tag of $7000 you do not know what it takes to have a complete newbie to the stardom of succesfull trading. I...
  19. danielc1

    since we know that all trading courses are bullshit, what would you actually look for in one?

    It is not that simple. Most people that want to learn 'how to trade' do not know the complete road to a consistent profitable system. There are many aspects you need to address. Learning on your own is almost a sure way to losses. You do not know what you do not know. The obvious in trading like...
  20. danielc1

    since we know that all trading courses are bullshit, what would you actually look for in one?

    Something like $10000, guarantee profitable within one year or money back?
Back
Top