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    Momentum Trading

    sorry for my bad math :) I meant ( 1/3rd the entire days volume )
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    Momentum Trading

    For position size I simply try to get as close to $100k as possible. But thats why big volume at pre open is important to me. If its a $3 stock and volume is 100k shares at the point I want to buy it then no way am I going to try and buy 30,000 shares ( 1/10 the entire days volume so far ). I...
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    Momentum Trading

    Oh yeah..Im aware this markets been easy ..Im hoping it stays that way a while longer . I did trade through the early summer correction and with Tim Knights blog help did fine. Im assuming MM means market maker ? I traded X on its big run up day... I made money but the MM kept dipping to my...
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    Momentum Trading

    Ive been thinking about how it would work during a bear market.. definately nowhere near as well because we wont be catching rides on the EFUT/ZVUE trains..lol Though finding the pre market percentage losers with corresponding volume should still bring in some good gains... as long as we have...
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    Momentum Trading

    Ive been swing trading ( several days to several weeks) for years now . I know my technical analysis theory pretty well and Ive been fairly successful over the years...averaging close to 50% a year. Begining of summer I left my job to trade full time. I have a very substanial nest egg so Im...
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    What salary would it take for you to quit this?

    For me personally I think its a much different situation than most. I made very good money as a CEO and by the time I left to day trade I had enough 'risk capitol' that I can play for 1 or 2% gains and make big money. I understand how fortunate I am in that and I dont think most people...
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    What salary would it take for you to quit this?

    IM brand new to this forum..found it on a google search. I quit my job $250k yr to trade for a living back in May. Been swing trading for years and doing quite well...been studying day trading and wanting to make this move for years. So far I am making almost 50% more per month than I...
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