you can swing trade during day.
Best strategies to start trading
- Thread starter farmerjohn1324
- Start date
yes
but that is not why people trade.....
can you make 20% doing something else alone...without a single employee, without a single government approval...….
and incidentally the idea in trading is not to beat the best business man of the year but the bank deposit rate.
and often there are some who calculate the risk adjusted return and not absolute return.
you may laugh at their return but they will be thrilled with the same
this is beyond the scope of my post but be aware that there are all kinds of people who think differently than you.
IN TRADING YOU HAVE TO BE SURE WHAT THE HELL YOU ARE IN IT for
are you?...if not find out the sooner the better
me I trade for the same reason I drink.....it is a waste of money but I get hell of a kick out of it
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Right now, I'm looking for a combination of at least 3 indicators that I can back test.
Do you have any success or anything specific to offer?
As ever I recommend trend-following as the simplest, objective, high-probability approach. This approach is helped, though not driven, by 1 or 2 MA's. I'm sure I've posted this before - an uptrend is e.g. a 20EMA above a 50EMA and both sloping upwards. Enter on the breach the next day of any daily bar's lower high.
etc. etc.
Its hard to see what value an off-chart indicator could add here but perhaps an overbought / oversold indicator might add some confirmation.
Really?
Maybe he meant to put a decimal point between the 2 and the 0?
The S&P has grown 602.9% since October 1993. Divide that by 26 years. That's 23.1% per year.