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Agreed !! Thats the goal of this blog is to prove at least theoretically (if not Practically) that there is No difference in Day/SWING/Position trading(strategies). Its only "experience that makes the difference. Stress/ Pressure are by- products of lack of experience when your brain is working...

It is the time frame that really matters. We might see a slump in prices/ profit taking when unemployment gets out of hand/ housing prices slump again/ any international trigers. On a multi year basis, you could see dow doubling in 10-15 yrs.

+1 Dear..!! :cool:

+1 :D

Any person/fund/group with over 5% (I m not sure) needs to declare and becomes a public information. You can ususally get this info any broker or even on Yahoo.

There are two things that needs to be Clear: 1 - Entry 2 - Trade Management/Exit None of the Indicators gives you absolute Entries, IF you solely depend on them - you will miss or be late in entries. Then its all upto the mercy of the trend. Price action/L2/ Tape + Trend Analysis +...

Nothing new here.. Reduced the viewing area on the two charts that can be used to MANAGE the Trade and the main for entries. fewer candles would feed less info. and less processing time = better response time. Need to see this in live action. IDK... comments please..

Solution one to create ILLUSION of EXTRA time also eliminate NOISE of price!! Chart on TOP - 5 min regular candles Chart on Bottom - 3 min heiken-ashi candles (extra candles = extra time) and heiken ashi reduces noise and keeps focus on the trend. I have a another on the way. Let me...

Two Different charts - Different Time frames

+1:cool:

I saw the TOP too... :D

How can an individual then deal with the issue of capital for long term trading, I mean due to leverage at a broker or prop firm we can day trade will with decent capital other wise what is a starting capital of 30K good for..? a thousand shares of fas and what you can have a potential of may be...

Thanks for supporting the Idea. very nicely put. Especially about the Illusion. I think Each one of us need to find our Focus, just like a cameras Auto focus. where things look clearer and easier to act upon. When ever I saw a bullet fired on Discovery and was captured by a Highspeed...

Very well said, I what could help a day trader, to do better other than just pure experience. Can meditation help ?? HAs anyone realized meditations benifit in staying objective ?? I believe Acknowledging this is a BIG step in shaping our psychy towards our actions and more importantly...

Hey, Backlash is always blessing, makes you think and look at aspects that you might have missed. In other words bring it ON..!!

M glad, You did good. If it was a trending day , it would have been a great trade. Don't get me wrong your exit was not less than perfect. Trader has to act like a Boxer, Jabs vs. Big swings. On a day like today, small range, quick reversals, its just you have to revert back to JABS. small...

You r rite...I should go long today n in 40 yrs i will be up on he trade fr sure..

Yes u r correct sir,

Its not the number or value; its the behaviour of price, which we all know is whatt really matters.... :p u r funny sing sing

There she goes..! :)