Search results

  1. P

    Taking all of the trades vs taking trades/selling based on feelings.

    I have a completely mechanical strategy that I use and my scanner probably throws 1-3 trades a day that have good risk/reward. There are very few differences between patterns that work and patterns that don't but over the past week I've probably only taken 5/16 of the trades and often times ones...
  2. P

    How long did it take you to become consistently profitable?

    I'm going on 1.5 years of full time back testing and trading after blowing up last year and losing 2k. definitely spend more than 40 hours a week for sure. I turned my paper account of 10000 into 1.1m through TOS. Just in the last few months it's all really been coming together though, I finally...
  3. P

    85% of retail traders short S&P

    Because everybody hates this bull market. I'm sure there are a lot of sour shorts right now too. The problem is most retail traders don't really have enough money to move markets. You can't fight the fed, I mean who honestly in their right mind would invest all in right now because they think...
  4. P

    After using this trading simulator I'm convinced technical analysis simply doesn't work

    I've made billions playing chart game using the only pattern I believe happens. The buy and hold was -99% by the time I was done. My thoughts are there is one main pattern and then overextension. aside from trading on the daily/weekly, in day trading there are very simple strategies that I...
  5. P

    Correct time to go all in? Best period to trade

    I scan all stocks up 10% on the day with at least 40000 volume per 5m and I have a small study for getting rid of some stocks. It basically looks like yahoo gainers without the small volume. Before this week it seems like nothing has been trending though. Either a large move and a crash or chop...
  6. P

    Correct time to go all in? Best period to trade

    I'm mainly talking about US stocks making huge moves +30%-200%on big volume, such as SDRL. It was an extremely bullish day and my scanner was full of plays +15%. but it had no correlation to the market that I could see. lately most of the big gaining stocks have been fairly illiquid, or they...
  7. P

    Correct time to go all in? Best period to trade

    As most of you know, Friday was probably the best day of the year so far for trading stocks. The day to me started out pretty average but gradually became more noticeable by around 9:00. Is there any particular way to spot when a day like that will happen? What exactly made that day so special...
  8. P

    Can't win in futures trading

    Man, I have this exact problem. My issue is patterns dont set up the same most of the time like they do in stocks. Ive found some things that work using vxx/uvxy, but it's still a very different trading style. Also during fed minutes when the market makes crazy swings right when news is...
  9. P

    Asus - G20AJ

    I'm using an Asus rog laptop that runs everything fine, I have a monitor attached to it too. I had to return the first 2 computers in the first hour though. The first had broken keys and the seconds graphics card failed. This one has been great though and is the best computer I've ever had
  10. P

    Real Edge is rarely shared

    Sounds like my recent success, it took me around a year full time and I feel extremely behind. Every trader who's a millionaire makes it sound so easy and like it took a few months to find out how to trade, so much crap online. I don't really believe in the term edge either, I think there is...
  11. P

    How do you know what's real? (candlesticks)

    Great post. I was thinking it had something to do with how many people were using them. That's why I'm hesitant to use random time frames and tick charts. Sure a tick chart may accurately show what's happening in the market, but if most people don't use tick charts I don't really see the point.
  12. P

    How do you know what's real? (candlesticks)

    I've traded off of one minute charts for a long time but sometimes I'll miss plays that actually set up fine on a 5 minute chart. Even worse than that, I have 2 different data feeds/brokers and sometimes the charts look completely different. Does that mean a 5 or 10 minute chart would have...
  13. P

    The 5 Phases of the Boon

    what if every order you enter goes negative and you die by 1000 cuts. Or you have great entries and sell 10 cents away just to see every bet you make go up a dollar
  14. P

    Live day trading

    Nice, what is your scan preferences?
  15. P

    Why can't I pull the trigger?

    One thing I've noticed is a lot of the great at home traders were trading with real money for months even on losing streaks. Also prop firms set you up with real money trading from the start. I'm slowly getting less anxious doing a few small trades here and there. I'm not going to change my...
  16. P

    Why can't I pull the trigger?

    I traded it on 8/07/15 During that day something like 70 million shares were traded. I'm always in stocks that are in play, I don't buy stuff that doesn't move. I can't stand stocks that have a small range. On paper I had an excellent day following my strategy trading aqxp, I'd bought huge size...
  17. P

    Why can't I pull the trigger?

    I disagree, I really do believe in my strategy. It's just that when it comes down to it usually I'll find a reason not to get into the trade. The most common one is me complaining about a spread or how far my risk point is and not wanting to get kicked out of the trade just to have it go up. In...
  18. P

    Good luck you too!

    Good luck you too!
  19. P

    However, I wait for stuff to do exactly what I expect it to. Just make sure you have a risk in...

    However, I wait for stuff to do exactly what I expect it to. Just make sure you have a risk in mind if it starts to not go your way. I don't know your finances, for me If it broke through that 17 range it may go to 14
  20. P

    for me, I would wait for another pullback to the 17/18 range, if not 13. I don't trade long term...

    for me, I would wait for another pullback to the 17/18 range, if not 13. I don't trade long term etfs though, my strategy is usually day in day out. News can effect long term holds.
Back
Top