Search results

hi all fulltimer, do u feel pain, of withdrawing from trading account every month? Account seems not growing or even going backwards...

Every few months, i will break one of my rule and got carry away and lose a big amount of money. I mean I'm human afterall, and i cannot automate this buying and selling, it is based on charts How to prevent this problem from happening every months? I was happily building up my account, and...

My profit will be used to pay for my monthly expenses and my trading account will be stagnant, will not grow much, though i can try to trade more aggressively but carry risks, which may even cut into the profit And also there can be big losses, which i'm trying very hard to minimize...

To add on, i have been swing trading for 7 years including 2 years day trading, I found day trading for suitable for me though And since i just got layoff, i thought i can use this chance to experience real fulltime trading, with no day job. See how much i can earn daily from day trading. If...

Just got retrenched and currently doing fulltime trading, but have a lower pay job offer recently, should i take up the job offer and quit fulltime trading? My fulltime trading is profitable but can only earn the same or slightly more than this lower pay job, but hopefully there will not have...

I'm doing day trading during the day, now I'm trying to trade currency during the night, is there any other thing i can trade during the night? I tried currency trading, been losing, it is quite different from stock, the trend is very strong, and there is sudden move, and in split second, u...

hi, i'm a stock trader, recently trying on curr trading, been trading eur/usd, gdp/usd. Realised curr trading is quite different from stock trading, currency trend is much stronger, and sometime it has sudden move, within split sec, it goes up a lot, or goes down a lot, and suddenly u are...

Just trying to add that overnight position can be unpredictable, it can gap up or down unexpectedly without taking into account of previous day performance

I have the habit of scaling in when buying stocks, but how to avoid to let it become double down? It seems strange to me how my habit of scaling in can become double down...

Actually have been earning day trading from Jan till late Feb, but hit road blocks twice this year, resulting in losses amounting to 16k, now beginning to lose confidence whether day trading is for me, any advice? Last whole year, earn quite a bit from day trading, but this year has been...

Any suggestion to make you stick to your own rules? Meaning to stick to discipline?

Thanks for your comments, I'm relooking over my journal over and over again, some days i have been rewarded quite good, but it takes only 1 fine day, when i'm not on guard, the big wave just swallowed me without looking back, when i just cannot admit defeat, keep averaging down, sold out in the...

i cannot believe it, just one fine day, that day when the index drop 300+ points 10/Feb, i average down AGAIN!!! I lost $13k, i already told myself not to average down few months back!!! but then after that time, i never average down, but the habit of averaging down comes back slowly again...

Thanks, I'll first try the normal routine, then slowly add in additional trading of others, don't want to affect my mindset too much, afraid may backfire...

u r right, i hate to follow this schedule, am i going to do this till age 60? so i decided to give it a try, and hopefully it work out, else will be back to 9-5 job again

I have been swing trading for 5 years, 1 year day trading, have recently 8 winning months out of 10 months, but still afraid that my mentality may change after go fulltime...

Any fulltimers can give any useful advice to me, thanks, kind of scary...

1) Why do you want to be fulltime trader? 2) What do you do during freetime? 3) Earning more than previous drawn salary?

Currently only able to generate enough per month to match current Job salary. Should i quit my job to go fulltime? Trading experience is about 5 years, 1st year wipe out acc once, then 2nd, 3rd, 4th year profit up bits by bits, only 5th yr manage to gain quite a bit. But if i go fulltime...

It only applies to API orders? So normal order that i manually cancel/modify is not no charge?