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So we choose stocks with a big daily range. how do we know whether to go long or short? If not TA, then we are looking at the fundamentals of stocks? How do you daytrade using fundamentals?

stopped

short 85.88 25c stop

rich parents i think, lol.

Can you tell me what I should be looking at then, if not charts? Companies fundamentals and PE ratios or something? Im a losing trader and thus welcome advice!

well done :cool:

stopped -25

short 83.90 25c stop

There certainly seems to be some very consistently profiable traders here using TA? 'NoDoji' 'Saliva' 'lexcorp' and a load of others whose names escape me. They post their calls realtime and post blotters. I wonder what they say when they are told TA doesn't work? Could this be that...

That's depressing to read! I've both sim traded and live traded for YEARS everyday, and im not consistently profitable, hence back on Sim!!

out here at 82.60 for +20

modest. You've already learnt from the looks of your consistently green pnl's! :) I cant say the same :(

Cool. Thanks. Im just trying to learn, posting my trades for fun.

why is this trade 'counter trend' out of interest? I'd say the trends been down for the last few days? cheers

see if i can give some back short 82.80 20 c stop

out here at 81.84 for +39

long 81.45 20c stop

target hit :) out for +4

long here at 1203 looks to be a bargain. 3 point stop target at 1207

long 84.29 30 c stop