Daytrader's Only

Quote from IanMacQuaide:

NQ
1 Trade today at 8:45 cst.
L@ 1438.25. Covered at 1438.75. 2cts.
Got out WAY too early. It's a problem I'm still dealing with.
Any suggestions?
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For now-No.

Just watch and see what happens as the trades are posted-but they must be live calls-with small size-as mentioned twice now.

We will ignore the dim wit posters-as they will surely continue-as surely as the market will move each and every day it is open.

The General
 
Quote from The General:

Trade 1 - High Risk of Losing

Market = Dow

Order = Short 1

Entry Level = 8305

Stop Level = 8315

Profit Exit Level = 8275 or better

Result = Loss of 10 pts

Reason for Loss


Changed short entry to 8315 and stop to 8325 - let's see how it goes?

The General
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Trade 2 - High Risk of Losing

Market = Dow

Order = Long 1

Entry Level = 8283

Stop Level = 8263

Profit Exit Level = 8330 or less

Result =?
 
Quote from The General:

The objective is to look at the intraday market-and any market is on the table-it does not matter
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I have yet to see anyone trade "any market" with much success. On the other hand, all the successful traders are in fact, to a large extent, specialists. They don't trade the cash futures one day, then bonds the next and the pork bellies the following week, not to mention 5000 stocks in between.

But what do I know, I'm just a noob.
 
Quote from saliva:

I have yet to see anyone trade "any market" with much success. On the other hand, all the successful traders are in fact, to a large extent, specialists. They don't trade the cash futures one day, then bonds the next and the pork bellies the following week, not to mention 5000 stocks in between.

But what do I know, I'm just a noob.
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Valid point saliva-

The point is that the market of choice does not really matter-sure one can become an expert in a certain commodity market-or tech stocks-or fx-or whatever-but when an opp is not showing in one market-it may well be showing in another.

If you are to trade fulltime-what is better-to trade an opp when it is there-or to sit and wait for an opp?

As always-most will have their own answer-the one that is right is the one that works best.

Trading is a mugs game really-and most have the idea that you have to call winners most of the time-when the reality is that you must trade the opp when it shows.and try and not loose too much money-with that-I must review Trade 2-as I was interrupted and missed entry by 2 pts-so now I will re-look and see if I will leave trade-or switch to FTSE 100-either way-my risk will be kept to a level that will not bother me if I lose-in fact-I can lose the next 5 trades in a row and it will not bother me-not one little bit.

As for the dim wit experts who will post links to "losing trades"-it shows what they really know about trading-SFA :D

The General
 
Quote from The General:

Trade 2 - High Risk of Losing

Market = Dow

Order = Long 1

Entry Level = 8283

Stop Level = 8263

Profit Exit Level = 8330 or less

Result =?
More...

Trade pulled due to not paying attention and missed adjusting entry up by 2 pts-look and see time again-possible switch to FTSE 100 for new trade.

The General
 
Trade 2 - High Risk of Losing

Market = Dow with limit orders

Order = Short 1

Market Now = 8316

Entry Level = 8338

Stop Level = 8348

Profit Exit Level = 8295 or better-depending on market and if I am at PC if market moves to this level-which can-or can not-happen.

Result =?

Order In - do not copy my trades unless you are prepared to lose-as losing does not bother me one little bit.

The General
 
Quote from Ex GS boy:

General

I am your biggest fan, well not really

You are posting on ET because you are bored, that means you are not yet making significant money from trading.

wealthy bored traders don't post on ET
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Maybe < > Maybe Not :D

Trade 3 - High Risk of Losing

Market = EUR/USD with limit orders

Order = Short 1

Market Now = 1.3961

Entry Level = 1.4022

Stop Level = 1.4032

Profit Target = 1.3928 or less

Result = ?

Trade In = only trade if you want to lose
 
Quote from Ex GS boy:

You are actually worse than scammers like Alex of PureTick or people like Boris of FXCM

You trick people and waste their time OUT OF SHEER NEED FOR FUN AND GAMES

if you were doing it for profit I could understand, you are even worse
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Look and Learn-you dim wit:D

The General
 
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