Search results

Decided to do a quick mini-scalp of GS. +4.. my only positive day since I began the day trade account. Bought 91.43 Approx: 3:53 PM Sold 91.46 3:54 PM Really nothing.. but being that I've taken losses for so long.. even such a really small gain seemed ok...

At least you got experience. Just started trading 1.5 months ago. I've done investing years ago where I bought and held a stock for a long time only to take a 40% loss. Figure short term is better. I just do stocks right now. Not enough experience built up to start doing futures...

I've seen times where trades eventually worked out but the quick reversal takes out a lot of the stops which is a bummer while it moves past your initial entry position price in the direction you want in a split second. Going by 0.5% max risk limit for a stop, most trades I do are under that...

I've definitely have a burning passion alright.. been working and researching trading for the last month 40-50 hours per week for the last month. So many other kinks to work out including bonehead stuff like pressing the wrong button. With so little room for error, I need to do more fine...

Hey keep it going! Don't give up. I'm down too real big. Lost 3.5k + in a month. Had my account suspended due to being under 25K now. Have to wait for deposit so I'll be doing the paper trades which are a joke. Have a 3 day positive streak on paper trades yet none on the real deal...

So today went live -218 Another loser of a day.. what else is new for a rookie? Traded GS: 9:59 Bought $99.14 10:21 Sold $98.67 Knew I was caught in a downward trend.. but waited for a pullback to get out. It showed up minutes after I got out. Go figure. 10:35...

Lucias, Are you paper trading? I didn't read all the way through your whole journal (just the last two pages). Paper trades in my opinion are deceptive. I always do better on paper trades and there are times I think paper trading is too easy. Mostly because, I get better fills on paper...

I can't think of anyone that use only level 2 quotes to be consistantly successful. If you did, you must be doing it for a long long time to have the experience to read off of it to make your trades. Like anything else, people will always try to hide their true intentions. People will do...

After much debate, I'm planning to switch to Lightspeed. I read some posts on the ratings and Lightspeed has just about as good of ratings compared to IB. The only thing that people complained about is their tech support. I called them a bunch of times and they always someone answer the phone...

Yeah, I know exactly how you feel. The direction is correct yet it's as though they use leverage to buy or sell a couple shares in the other direction just to get the inexperienced/nervous people out early and then pick up more shares at better prices and then the stock heads in the predicted...

Thanks for the responses.. I'm currently awaiting while I change brokerages. No one said it's easy in the beginning. It's true that I get out too early. That's one thing that I have to work on. I'm primarily using price action to determine whether I should get in or not...

Today -60 Can't believe it: Bought @ 11.188 Sold @ 11.1601 I had the strategy and it looked like it was going my way. I had a sell limit order 11.20 and it hit that a bunch of times on the chart yet it did not execute. Then I changed it to 11.19 just to get out yet nope. It kept...

Another losing day.. Bought @ 11.15 1:48 Sold @ 11.1019 1:54 THis one hurt bad. Half asleep when I woke up and did the trade. Reverting back to old habits which are hard to break. Stayed in too long and fidgeting with buttons to sell at limit order. Should've gotten out quicker...

Congrats on your ACD trade. I've been doing this only for 1 month and knew nothing about it but stochastics before I began since I watched a youtube video on it and it looked good. Looked too simple right? However, I'm putting full energy into this while some have day jobs. I'm not working...

Sold short @ 11.1515 11:43 Bought Covered @ 11.16 11.45 Bought @ 11.0999 12:07 Sold @ 11.1105 12:07 Sold short @ 11.1019 13:10 Bought Covered @ 11.1099 13:12 Sold Short @ 11.0701...

Shan, I'm new to trading myself and so I've been spending a lot of time researching and actually reading forum threads here. I've gone through and read your posts here. I like your journal but the losses are too heavy to me to read because I started the same way, 3 weeks ago. I'm by no...

I am still very new to all this so I have only about a month of trading experience with all losing weeks so far. Some sound advice would be much appreciated. Thanks

I've just started trading about a month ago. When I began, I had no clue what I was doing. I was lucky in the beginning and had a 8 win streak of trades using Stochastics that I saw the day trader rockstar use on Youtube. Some I won by just holding on long enough like an hour or two (by luck...