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I don't think I mentioned a 5 minute chart. I look at daily and weekly charts.

Thanks for taking the time to explain this. But it's way above my pay grade. Peter Lynch said you have to be able to explain a concept to a 10 year old. I call my strategy the Will Rogers strategy. He said "Don't gamble with your money, just buy some good stocks, when they go up sell them; if...

I really have no idea what you are referring to. You lost me at ex-post and I have no idea what my beta is. I'm just a retail trader that figure this shit out for myself.

I know enough to convince myself to stay in a trade I should be out of. Never heard of mosaic theory; I'll have to google that.

I've found it low risk. If a stock hits my stop I'm out. I'm not biased by the fundamentals. I no longer look at a stock and think it's overvalued and pass on a promising set-up based on what's in an annual report. I don't need a high win rate. I need to make more on my winners than I do on...

Yep I'm serious!! I buy momentum. The stock is rising in price. As long as the price continues to trend I'm staying in the trade. I've held stocks for years because they never gave me a sell signal.

Fundamentals are noise to a short term trader. If you are investing; by all means look for a great company with growing earnings and a wide moat. But that company's stock price will fluctuate as the markets perception on it's value changes from day to day. I just try and take advantage of the...

I don't care if it makes buggy whips. I'm buying because it is going up in price on volume. I'm not planning on keeping it very long.

No it's a rule based TA system. I have to look up the ticker to see what it is the company does.

Trades are based on TA. Curiosity requires looking at the fundy's

Nope I'm not super rich.(about the same as you) I spend a lot of what I make. And I suppose I'm in the wrong thread as I'm a swing trader. Daily charts for the most part. I did have some success day trading years ago but found I can make about the same swing trading and have a lot more time for...

100% of my trading is based on price action. I look for stocks that are going up. I have to look to see exactly what they do to make money. All the info I need is on a chart.

Why not? I use them along with other criteria and am satisfied with the results.

Enter the US investing championship. You have to have a $20k account. Your own money and it costs you $350 to enter but if you win or place well you have a verified record to show prospective clients and a lot of free advertising.

I'm just disappointed that he didn't post when he started to cover. A green light if I ever saw one.

Ask any trader that's been at it a while and he'll tell you to cut losses and let profits run. Just like if you ask any fat guy the secret to weight loss he'll tell you to eat less and exercise more. Simple but not easy.

That sounds like my story. Watched my liquid net worth get reduced by 50% shortly after I took early retirement. Tried day trading and futures but found I could make just as much swing trading. No pension to speak of, Canadian pension plan will keep me off the streets and the rest of my...

I started before the internet. I logged into my broker on a land line. But it was still an open auction market powered by fear and greed.

Only if you call holding you accountable for what you say and do trolling.

I don't know Salty. All you had to do was post a simple video of your position P&L. You managed to post one showing the position, if you had shown the P&L this thread wouldn't be half as long. I don't have a dog in this fight but I get to see both sides and I don't see where you lived up to the...