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I use two brokers. TradeStation is my main trading platform but I use E*Trade as a back up in case of disconnection during a day-trade. It also reduces my commission fees. TradeStation on a per share basis, so good for less than 1200 shares but E*Trade fixed commission of $9.99 per trade is...

About noise, you need to investigate about volatility bands and ATR (Average True Range). They give you statistical data to avoid the noise. But it is no holly grail. Just a statistical edge.

No, I would just have a small position. I understand it is a conservative approach, but it enables you to preserve your capital. Less risk, less reward. But this is the best way to trade for me, mentally. I hate big losses. I do not like small losses but they do not deplete mt account too much.

For swing trading, I use a combination of the two thanks to position sizing. In other words, I pay attention to both. As I do not want to lose more than 1% of my account per trade. if the stop based on the market implies a big move, I reduce my exposure/size and vice versa.

Dividends payments if the stocks you short pay dividends on a quarterly basis will be a negative cash flow from your account. Otherwise same risks as long, assuking you have stops in place .

Agree BSTrader, this is what a system does for us, it eliminates the trades based on emotions. I have always to remember that my systems have been tested thru bad times and good times, and that, on the long run, it has an edge.

Happy long, here. So far. (One has to be humble in this market). WIth more than 40,000 users, saying that the "site" makes panicky decisions, might be an exageration. I would be curious to know long/short numbers of the members.

Sleeping is overrated (LOL). Seriously, one thing has (usually) a good effect on me is to do a ritual 20 minutes of yoga just before going to bed.

What works for me is listening to relaxing music such as classical music or smooth jazz. What definitely does NOT work for me is watching CNBC or listening to other Financial Radios. During day-trading I also avoid any chat-room. All those things do not contribute to providing the right trading...

I agree RunTrade. Also, the fact that my systems are mainly contrarians, it seems to be adequate to take quick profits. Probably would be more a "MUST' to let profits run with a trend-following system. But the bottom line is that Money Management (Risk/reward, position sizing, total risk, etc.)...

I have always the mindset that all my trades have a 50/50 chance to go my way. So obviously, all my efforts are in Money Management. My main weakness is to let my profits run. I am very good, finally, at cutting my losses, but I am still struggling on cutting my profits. This is why I try to...

I gave up trying to understand how the markets work a long time ago. I rely now almost exclusively on tested systems. I do not do much thinking anymore, just executing the systems, even when I had to buy some stocks this morning, when my emotions wanted me to sell everything. I also covered...

:) I am 52, French (nobody's perfect !) and live in Salt Lake City. I have been trading for 5 years now, but could not achieve consistant profits yet. Would like to meet with other traders in the area, although Trading might not be well perceived in Mormon country !

:) Well another INTJ here. Despite my reservations for those tests (how much do we really know ourselves?), the frequency of INTJ on this site is statistically amazing.