Is there a broker that allows OCO orders, multiple stop orders for taking profits, stuff like that? I use Oanda now, but they don't let you use stop orders for entry and it is a pain in my arse to have to sit at the computer waiting for entries.
I've been actively trading for a few months. My original plan was to daytrade options. Should I have stuck with that? I learn, and plans change. I'm certainly not risking my whole basket on my newest venture. I don't have the funds for minis, plain and simple. Forex is my only real option...
Well it has been an interesting ride. 2k to 4k, 4k to 1k, and now 1k to 2k, right back where I started, all in under 2 months. I've accepted that I don't have the funds to trade the way I want to trade. Any losing streak and I am gone. So I am saving my dough for now, trading my $50(now $65)...
Covered my FOREX shorts, decided I might be chasing them. Made 3.40 on the trade, or 6% or so. LOL. Just shorted AUD/JPY, as it looks like it is set to break to the downside.
It is a fact that Jack has improved my trading. I don't take everything he says and use it, but I evaluate it and I have found a lot of good stuff. I think he is a little enthusiastic about gains, but I think by now we should all be used to that. I say if you don't like it just ignore it...
What candlestick patterns have you found particularly useful on the daily chart? I've noticed that reversal patterns at the top of a pullback can have excellent predictive power, especially dark cloud cover and bearish engulfing.
I am curious about Forex so I opened a $50 account with Oanda. I shorted GBP/USD and shorted EUR/USD on Friday. Trying to ride big trends, which I have heard is the way to go. Nobody get their panties in a knot over me trying something else new, I'm just playing with $50.
You can't talk about stocks, but how about holding periods, anything regarding your trading methodology? The journal will be somewhat dry if you can't.
1. Stocks at the top of the volume % change. This list is revised from my first post to include only those that had a positive price change for the day. Is this the correct way to do it? I guess it must be if we only want stocks that have broken out to the upside.
NWRE, ELBO, MRVL, ECLG...
1. Stocks at the top of the volume % change.
NWRE, DKS, ELBO, AUO, MRVL, SINT, SSYS, MRGE, GLDN, ECLG,
2. Stocks at the bottom.
LGTO, LAVA, ENDP, AVID, AMTD, PSUN, CBR, GPRO, HELE, ERES
3. Still not sure where this comes from.
Porgie sounds like you are in the same boat as me. Good luck!
A side note, I have taken another job, one that won't interfere with either trading or skiing. Now between the two I will be able to add $500 give or take to my trading account a month. Will be a workhorse though....That is OK...
I'm getting interested in stocks so have been doing a little looking. Found this lesser known stock, volume in the 200k range most days. With a C+H this obvious, might get a huge gap up sometime soon. One idea I have thought of in the past is that while there are a lot of fakeouts on the big...
I think I see where this going, the lowest ranked % change stocks are in consolidation, and this is where we find breakout candidates. Nifty screen...Look foward to seeing where this goes from here.
10 Stocks in the lower end of the list that meet the 200k minimum, sharpest volume drop to...