changing my mind on day trading

nodoubts said:
You can put in a standing 1-share "radar" buys at various drop points, to alert your phone to jump in.
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What a Great Idea, lol.

I look forward to your list. Again, I don't know the art and intuition of trade entry, just some blood simple setups at support and resistance, measured moves, pivs kinds of stuff. That's fine even tho the waiting is the hardest part, lol.

This is a situation that I'd not considered. Thank you for the head's-up.
 
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It's only noise if you let it in. If you focus on repeatable technique, you can filter out most of the noise. It's really simple, MMs and big money want to use fear to confuse you and steer you the wrong way. They want to keep traders confidence in the market up, so traders will blame themselves and keep trading. Understanding how they do that puts you in a good driver's seat. There is some craft to this, but it can all be learned by picking up the puzzle pieces bit by bit.

You sound like an inquisitive mind, which is good. :thumbsup:
 
easymon1 said:
What a Great Idea, lol. Thank you.
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It can save you some money. You also can use that as an "alert" when it's time to sell, so you don't sell it all too early with a standing order. It gives you a chance to evaluate it before pulling the trigger.
 
nodoubts said:
Then, by his own definition, isn't Sprout self-identifying as a futile trader trying to change the mind of others?
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lol, I like daytrading and have no desire to change minds.

nodoubt(logic) = demo/-1

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maxinger said:
I traded many things;
investing, swing trading, day trading,
trading stocks, options, futures
spread trading Intermarket commodities ...

I started investing and swing trading before the computer was available for home use.
I gave up on investing and swing trading about 2 decades ago;
It didn't work for me.
I have been day trading since then.

some day traders just trade for 3 hours a day.
I spend about 6 hours a day.
Some day trade for about 10 hours a day.
So you have flexibility as to how long you'd want to trade.

Anyway, go and experiment and see which best suits you.
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maxinger said:
I traded many things;
investing, swing trading, day trading,
trading stocks, options, futures
spread trading Intermarket commodities ...

I started investing and swing trading before the computer was available for home use.
I gave up on investing and swing trading about 2 decades ago;
It didn't work for me.
I have been day trading since then.

some day traders just trade for 3 hours a day.
I spend about 6 hours a day.
Some day trade for about 10 hours a day.
So you have flexibility as to how long you'd want to trade.

Anyway, go and experiment and see which best suits you.
More...


I too traded many markets and timeframes with often disappointing results even with spending la lot of time trading. Since about 1 year I daytrade about a couple of hours from 4 to 6 pm (living in Switzerland). I trade 4 indices, namely the US30, N200, UK and German DAX. And I avoid the open, waiting for nice waves to trade, using alerts and safeguards. Never before traded so easy and safe.

I know of many guys doing the same; some of them digital nomads making € 5'000 a day in a couple of hours.
 
Sprout said:
lol, I like daytrading and have no desire to change minds.

nodoubt(logic) = demo/-1

View attachment 281081
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lol=:mad: or :(

Why so sour all the time?

There are plenty of experienced, positive people on this site, with open minds and generous hearts willing to help you improve your trading to consistent gains if you could just let a little sun into your life. Join us, bro'!:strong:
 
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irniger said:
I too traded many markets and timeframes with often disappointing results even with spending la lot of time trading. Since about 1 year I daytrade about a couple of hours from 4 to 6 pm (living in Switzerland). I trade 4 indices, namely the US30, N200, UK and German DAX. And I avoid the open, waiting for nice waves to trade, using alerts and safeguards. Never before traded so easy and safe.

I know of many guys doing the same; some of them digital nomads making € 5'000 a day in a couple of hours.
More...


Lately European index futures trend tends to
Start rather late.

At times, trend starts immediately when the UK stock market opens
 
You're exactly right. Emotion is the only reason traders lose money, and all of his comments are emotional, nothing about trading or craft, demonstrating he's still struggling with how to trade well. He's not seasoned. Pros trade with the following in mind:

1) - the market doesn't care
2) - missed deals don't matter
3) - find the next trade, execute well

Your head sounds level. Your account will grow and pros will always be willing to help you. Kudos.
 
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