Search results

Can you post a good site or book you would recommend. I have been getting interested. EF

Been swing trading 10+yrs,, 2years full time, only source of income. tip#1: have sufficient capital Tip#2-99. See tip #1

You my friend are a horses-ass. So kindly, get a life. EF

+1

Dont piss on someones hopes. but i agree can be very difficult. I know two guys, whose numbers would not be beleived by anyone, plus 50% returns for 5yrs plus, but they are not "public" guys and trade family money. Look at Dan Zanger, Don MIller, Lewis Borsellino, for guys who compounded...

+1, I agree good idea. do varied, larger time frames as well.

James, my son,, my son,, listen to thee...lol. As Shakespeare said< "outliers, they are but a must"... just kidding he didnt say that, but that is how important they are. The scalping world is taking over by HFT, bots, algo, so if you dont have those, make it easier and much more profitabale...

James, i will save you years of tormet and tons of $$$.. read very carefully. I know the chances are you wont go with what i say, but i can only the horse to water. Dont ever open up a daytrading chart, forget you ever heard that term. NO charts under 15minute, preferably 30minute or...

thank you christopher Columbus. what is your quota on theads per week. How many do you have to start. 3-4. get a life, EF

Billy, i guess is true what they say,. Timing is everything....:D :D

Amazing story. Pretty scary actually how one guy can do some serious damage.

Wallace all good points. And your post made me think of a couple more viable reasons to use larger time frames or why somebody would use larger time frames. I think the maturity may play a factor in choosing a larger time frame. Take a 24 yr old guy, with a 100k account, just getting into...

Excellent chart,, thats what i am talking about. great use of caiptal. i see 3-4 long term trades in that charts. lower risk, larger gains. JUst need patience

Intraday, your right, there observations dont apply to everyone, and I stated that in the first post. And there are many making $$$ money intraday. So dont change anything guys, keep doing what works. BUt you bring up a good point, the HFT have also changed the equities world, i am not in...

Well said GEkko, i would think the sailing on a yacht party letting other steers sounds better. Especially if there is a OIl tanker infront of you clearing the way, just follow the big ships. EF

Yea, i hear ya. The win/loss ratio on weekly time frame and i know win/loss is not everything, but i would say win/loss win ratio on weekly 401k positions is 88% wins, from the last 9 trades since 2007, 8 out of 9 are winners, haha,,, I am sure you would find the same results in many...

Syspool, You bring up another valid reason for swing/position trading. This can actually be done from work as well, Its a way to trade where you dont need to be in front of computer all day. It can be a much more relaxed, less hectic way to trade. Another good reason is adding size, in...

I look at dailys every day, weekly couple times per month. I manage a couple relatives 401k, trade off weekly only. What is your take on larger time frames? , btw, the first part of your reply, I dont play dungeons and dragons so i have now idea what you said.... "magical sword...

Thats exactly my point. I think as you progressed or moved from a certain viewpoint/timeframe to another i am as well. The 10min-chart is the size i have been using as my main time frame the last 2 years, not and will probably still trade it, but on a much lesser size. I feel as i am...

No one swing trades,,, just swings on weekends,,lolol.. EF