Search results

true, the No.1 and the bottom line reason! this will lead to 1. " take profit too early" or so called cut winner short 2. "let loser run", hold on a loser like holding on to a lifeline the trader are not objective, the fear controls the trader

I do not undersand why you put a market order before losing? the market is thin particularaly around 10 mintues opening or 10 minutes around closing (that is why opening/closing is very volatile).

of course I need say, you do not pick every dip or sell every rally, to me, I just bought those panic sell (overdone sell), and I short those HYPE (overdon buy), in order to select the most profitable ones and increase your trading winning odd to 99%, you must excise patience and discipline...

there is nothing you can blame about catching bottom and tops. first in every second or in every tick, the market may reverse its trend, for example the markt starts to drop in the opening, what you should do, if you are a trend follower, you instinctly think it is a short sale, so you did...

whether he trades what thinks or what he sees, all is right. I would strongly suggest: trade based on what he thinks and what he sees, not just purely technically, that will create too many trades and many trades will be either or ones! if you do not have a fundamental reason, do not...

I would say it is just your risk tolerance problem. your strategy is fine, whether you trade against the trend or follow the trend, both are ok! the real question is: how much are you able to tolerate? most people will get shaken out even their position is perfectly right becuase they can...

comrade, 5seconds is a pretty long time. if news breakouts, the market may take only 1 seconds to roof or one second to the ground. another disadvantage is obvious: for example, five seconds ago, the market was quted like that: ask 4.8 bid 4.78, since you are behind 5 seconds, you think...

IB does do some tricks. like when I get a position, I always noticed the ask/bid abnormancy, one side is frozen, why? they want to scare me, put me in a rash, so I get out, after I did it, then everything looks normal, then I want to get in again, then the ask/bid becomes abornomal again...

I am not a broker, so your analysis is just nonsense to me, or put it another way, did not get teh point. whether a long-term trader or day trader, to my unstanding is: general public can not dedicate their time to trading, and they have false illusion about trading/investment, to them they...

must point out the following fact is true: No.1 that is just those mutual fund's commercials. they want your money to stay with them, so those guys can get fat pay from the so called managing your money like 12b fee etc., .... No.2 another fact is: those floor trading firms want their...

any time is the greatest time to trade, do not be biased toward it. around that time, that is particularl opportunities.

I do believe in GOD. No.1 market movement is out of my control, so I try my best to obey or follow it, I know it is fruitless to fight with the market and very disastrous to my financial health No.2 the most profitable trade hidden at the most fearful time, so I sell HYPE and buy...

your timing is wrong if you entered a market, then the market went against you, and you tried to wait for your favour, because you saw loss get bigger, you got out even late it proved you are right, in another way you did not plan your trade well (the right risk you can take), basically you do...

quoted from wikipedia the most factor most will not survive is : teh house edge, you are under-funded and teh market is deep pocket! [edit] Why retail speculators should not be able to beat the market The foreign exchange market is a zero sum game in which there are many experienced...

I understood your problems since I was once with Scottrade, now I have no business with them. as a veteran sctttrader, I would say Scottrade is the worst firm. they cheated you on Elite trading platform: did you carefully check their execution log in your Elite trading platform you will find...

most people failed: 1) they lack the knowledge and information or the skills, they work all day as ordinarry regular (8~5)employees, then peeked the chart or the quote in the evening, next day they may put out an order to buy or sell, how they can beat those guys who are the market (pit...

they may try to let the loser ride out

a value investor should be defined like that: you should not pay any attention to the price, just like you buy a house, the value is you own the house and you enjoy it whether the house price goes down or goes up. stock traders think the volatility as value, the more volatile the more...

yes it does. revolution will not solve the problem. look at those communist countries, they are now not red, they are now more captilism. a revolution just does another cycle: replace old ELITE with new ELITE, replace old middle class people with new middle class people, or just so called...

? any guess