Search results

It’s great that you identified what’s working. Speaking for myself, I know, that whether it’s trading ideas (which I’m new at) or anything else in life, I have a strong tendency to be distracted by the latest new shiny object. Sounds like maybe, just maybe , that’s what you dealt with last year...

It looks like when I come back to the forum and want to read new posts in a thread, I have two choices 1. Click on the thread, then click again to go to the last page, and scroll down to find the posts I haven’t read yet 2. Click on the little arrow to the right of the thread title which will...

Two things… 1. The people who buy trading courses, are not the people that will be able to move a stock, unless it’s super thin float, and you don’t want to trade thin floats anyway 2. The vast majority of people who buy a trading course will never properly implement it. I have to admit, I’m...

I like this idea. In the process of setting up my home based business.

This is a great post, thank you. as the guy who started this thread, I just want to say, I’m not looking for the holy grail. I’ve been around long enough to know it doesn’t exist. I’d almost say, I’m interested in trading as a hobby. But I don’t want that taken as denigrating to those doing it...

Ok, got it.

I know what Barrons is, but what is the Barron’s Forum and where do I find it? It’s not listed on the sidebar. I’m probably misunderstanding what you are referring to. Thanks.

that ain’t me, I can assure you LOL. That’s for inexperienced kids.

re your point 1, yes, I read a lot about that in Minervini’s book, that’s what I intend to do. Re your point 2, yup, I always look at the 50 day daily (or sometimes hourly, can’t figure out which is best) chart to see the trend of the stock. Then I’ll drill down to a shorter time frame. I often...

I trade through TD Ameritrade. One thing I’ve become good at is being disciplined at keeping losses small.

DD, yes, I read O’Neills book a while ago, and actually am half way through reading it again. There is so much to absorb, this second time around I’m trying to just focus on the bigger, macro stuff. And yes, swing trading stocks. While I’m looking to make money doing it, I’m planning on doing it...

Thanks for the responses. I’ll look for the hall of fame posts. as far as looking at charts, yup, I do that, half the time I don’t know what I’m looking at. But I guess it comes with time, looking at what happens on a chart before a stock takes off.

Is overwhelming for a new guy. Between this and FinTwit I can spend all day going through stuff I’ve been spending my time here in the Trading (here) section. But there are all these other sections (journals, tech analysis, etc) that look interesting. So my question is, where should I spend my...

I’m a newbie, so take this from where it comes, but isn’t managing risk and panicking, 2 different things?

If the invasion happens, the sanctions that will be put on Russia, not only by us but the rest of the western world, will be very restrictive and make it very hard if not impossible, for Russia to do business with the rest of the world. This will not be a good thing for the Global economy, in...

Yeah my discipline isn’t so great so mental stops not a good idea

Thanks LF, great advice again. William O’Neill book is very well-known and respected as a must read especially for a new traders. Mike Minervini is a well-known and profitable trader , Although little bit more of a self promoter than I’d like. And the last book is written by Brian Shannon who I...

Thanks LF, I appreciate the input. I should probably provide some context….. I’m not looking to do this for a living. I’m a retired Financial Advisor/CFP. But I pretty much did Financial Planning and Asset Allocation using Index ETFs. I didn’t generally trade for clients and didn’t have time to...

Thanks

If I buy a stock at 20, and put in a stop at 18 with a limit of 17 1/2, and the stock opens at 12 , I would probably rather not sell it, thinking the pendulum always swings too far in the other direction at the open I’d rather have a chance to adjust my limit to say 15 or 16. That’s what I mean...