Sorry I do not agree.
Someone who came hrer and said something like
"OK I've ben tradig three years...
"
Year 1: paper traded
Year 2 trading very small. Lost 10%
Year 3 still trading small made 15%"
I now plan to trade bigger but still respect risk."
Now that to me is...
i do not see why everyone pats him on the back...anyone can blow an account.
Why didn't you trade so mall it hardly mattered until you mastered it? Why do people think it's good to blow accounts?
It's plain and simple gambling.
^^ your telling me. I was long Crox last October when they announced earnings.....That was PAINFUL!!!
My stupid fault. But was was funny and still makes me laugh (R.O.F.L.) was all the people on a forum saying they had been looking at new B.M.W.'s to buy, Porsches etc..one guy had actually...
individual volatile stocks.
Former swing trader going dy traidng until the markets improve.
Looking to hold trades 1-3 hours on average.I am not set up to scalp....nor do I want to. 1 or 2 trades a day will be suffice.
I have $80,000 and need to make at least $3,000 per month...
Just to put you in the picture I have an $80,000 account and want to make some money each month from it. I was a good longer term investor but that market isn't there right now.
So rather than sit in cash I want to (not saying I will or can) make about 5% per month on my equity day...
ok but I keep an open mind. I know traders make money on all time frmes, different ways. I am not here , like many, to flame and shout at other traders.
but it wold be nice to hear what time frames people have success with.
Thank you
I tried scalping off 1 minute charts and it was just darned fast for me. It sounds great, make a few consistent $200 profit trades but I couldn't do it.
Anyone trade longer term trends? 3,5+ minute charts? Doing ok? Can you make money longer term day trend trading?
Please, if you have...
so in your opinions what do you need to mkae a living? 10, 20 contracts?
Ah.....why not buy this software and just sit on the beach?....something wrong here? Sounds too darned easy.
" Our new Auto Trading Software is rocking and rolling! We put another live video up with the Auto...
No matter how I make money I always wory tomorrow it wil lall stop..then what?
Are you the same with your day trading? Worry about your method will start losing money?
What would you do? Do you have a job/career/ investments you can fall back on?
what does this reply have to do with this post?
Seriously..what is wrong with some of you here?
--------------------------------------------------------------------------
I thought you said it was impossible ...
Flip/Flop
So.. you decdied day trading is your career. What was your route to success (or failure)?
Buy courses, seminars, trading rooms, etc? Watch stocks, indices, chat to other traders, buy systems, mentored by a daytrader?
How did you do it?
yeah gotta agree with this.....For most it looks great make a few cents here and there but it's impoissible to do.
---------------------------------------------------------------------------------
DO NOT SCALP how in the hell people scalp and lie that they are faster than computers really...