Day traders pls quit while you can

stock777 · Dec 19, 2011

u gotz some whey to b on the rite side of da move every time, or most 'o the thyme?

I awaitz yor reply

ronin266 · Dec 19, 2011

Quote from Wide Tailz:

Here's one:

tradestocksamerica.com

This guy was the first to show me a profitable technique. I didn't use it until I lost a lot of money trading my own way, and listening to Prechter.

LOL That site has more testimonials that trading info LOL.

IÂ´m pretty sure that you gonna get out from there knowing how to make good testimonials ROFL.

P.s. Oh, sorry, UÂ´re already good at it

NoDoji · Dec 20, 2011

Quote from stock777:

u gotz some whey to b on the rite side of da move every time, or most 'o the thyme?

I awaitz yor reply

Why do you have to be on the right side of the move every time or most of the time? Earlier this month I was on the right side of the move 8 times out of 29 trades and netted 212 ticks ($10/tick).

noob_trad3r · Dec 20, 2011

Quote from tit_head:

Prove it then, give us your analysis of the ES today and how there was no opportunities to make money.

I dont trade ES.

I do not day trade period.

Pekelo · Dec 20, 2011

Quote from JunkbondS:

Where are the winners? Why do the "winners" always seem to sell education or books?

For big names, Larry Williams and Don Miller. Regardless of what one thinks about them, they are both profitable daytraders. (and they sell things for more money, fucking duh)

For small names, somebody posted here a broker's list with the records (well a few pages of it). When I went through it, something like 25% was making money. Now of course we don't know their trading styles, but even if only half of those were daytraders, that is still 12% against your zero % claim.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=228941&highlight=traders+make+money

By the way Surf, what is the address of your blog?

Wide Tailz · Dec 20, 2011

Quote from ronin266:

LOL That site has more testimonials that trading info LOL.

IÂ´m pretty sure that you gonna get out from there knowing how to make good testimonials ROFL.

P.s. Oh, sorry, UÂ´re already good at it

Stochastic oversold reversal confirmed by 5 sma on 1 min tick chart on an up trending stock. Check it.

ronin266 · Dec 20, 2011

Quote from Wide Tailz:

Stochastic oversold reversal confirmed by 5 sma on 1 min tick chart on an up trending stock. Check it.

Show me PnL, not a signal of "The Method". You can find oversold areas after reading any "Trade stocks, become a billionaire" book. (and that book will be a lot cheaper than the "education" on testimonials

Wide Tailz · Dec 20, 2011

True, I've never audited his statements. The method worked and opened my eyes to price based trading. I also had his daily updates for a year and watched him obliterate me with this simple method which I refused to follow.

Then there is the "bullshort" or "spike short" based on a broken parabola and volume implosion. Works too.

Check it.

Rodney King · Dec 22, 2011

Quote from Pekelo:

By the way Surf, what is the address of your blog?

I'm hearing he has a new signal site, iBinaryTrade.

Landis82 · Dec 22, 2011

Quote from tortoise:

actually, i think swing traders are dead. this is daytrading heaven

Exactly!
The OP doesn't have a clue what he's talking about.
And on top of that, he's probably a "noob" using a data feed / platform from either ToS or TD Ameritrade. Good Luck with that!