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how about we get your performance trading and compare it to the market as a whole!! it would be nice to know if yoru beating DOW or SPY

i think it would be nice to find out your gains compared to the market as a whole/ a ball-figure number on your realize and unrealized P&L compared to say the DOW or spy. Nothing spectacular just guess the total amount of money on average you work with when you swing trade.

marks another run for the bulls in the short term. from a sell-off to closing highs of the day looks extremely bullish. We got our lil pullback in the dow and we should atleast test the 9350 level again shortly. tell me im wrong

gordon gekko, how do you support yourself? with 2000 you cant be making money to survive and how the heck do you have a car whose depreciated value as of now is $16,000? do you live with your parents? Bro you should learn some money management skills. A guy whose trading with 2k...

i like the suggestion by the previous poster of putting up a chart or two. It'll help us amateurs a lot

yep i agree i look forward for this journal over all others. The other journals have people trading variety of complex markets and i believe in keeping it simple. Ive never tried options and never will :D

gotta_trade, you seem to have good strategy and i congratulate you in making money but is trading your full-time job? How much are you currently trading with? It seems to me that you either have to get more capital to trade with or you must get even more profitable in order to make a...

frank thanks for your advice!! I know my weaknesses and i would never be a good day trader. Although, i believe i have what it takes to be a good swing or position trader. However, nothing is certain and im honing my skills via paper trading

we all know more than 80% of traders dont survive and many have put in a lot of effort for a path to success. If these individuals had put that much effort in doing homework before investing they would have likely made money. Investing is easier than trading due to the time constraints...

well he sells losers whose fundamentals have worsenned

im a newbie i have the right to ask stupid questions

give the guy a break!!! he might have the last laugh in a month or two, who really knows. COH seems to have great fundamentals over the next few years so if i was a betting man, i would bet COH to hit 57 in that time frame. His other picks have worked out and from his method its...

after reading some of the archives ive concluded that too few of day traders make money and the ones that do lose a lot during the process of learning the skills. if the odds are so greatly against you than why even bother? Work full-time make your money, save your money, and swing trader...

if your full-time job is trading im assuming you have atleast 50k in order to pay the bills from the gains

thanks for all the help guys and i really appreciate your comments its clear to me that it takes patience, dedication, and definately willingness to lose money starting out in order to become a good trader in the future.

from reading alexander elder's book he makes a interesting argument that very few day traders survive due to the channels on intraday charts not bieng high enough. However, swing traders could be profitable if he uses daily charts to buy and hold for a few days do you guys agree? is it...

axeman you make a lot of sense Ive kept all of my borkerage statements from the first trade ive made 3 years ago. Im definately trying to learn from those beginner mistakes, the largest of all the mistakes was to not use stops and let my loss get too large. Most of the 4500 that was...

thanks for the reply and i'll make sure to check them out I definately do try to learn my mistakes and the greatest thing ive learned is that im risk-averse. I can recognize my own weaknesses and i know i have to overcome this. Thus, my strategy to cope with this problem is to work...

Ive been in the market for 3 years now but only as a midterm trader. Ive managed to lose about $4500 canadian in those years and it may seem small to you guys but considering i was and still am in college that was a huge chunk of my money. so i didnt trade for a whole year but am willing...