So, let me recap:
1) Work hard at automating my strategies. I think this is the best choice but it will take the longest. I will give it 9month to a 1yr to replicate the way I really think and trade. Maybe it will be shorter with some help(experienced programmer).
2) Swing trading: So, this is the most promising immediate choice. Right now I got a big one stock position in my account for swing trading. It's up nicely. Perhaps, I can scan the market(or use tools to scan the market) and pick a few stocks. Not too many since I don't that much capital at play here. And see how that goes. It's less screen time and higher profit potential. Though a sudden turn in markets can be a huge swing in P&L without proper trailing stops.
3) Daytrading with larger size: This is elusive. On a good day, 10 lot of a futures contract an produce some nice up. But I'm too afraid to consistently through 10 lots around. So, I end up with just 1 or 2. And to be honest, I'm too slow on the keyboard. But the fact that I catch some decent moves is a encouraging sign. But it's labor intensive sitting and staring at some many charts and trying to catch up and down swings. It can be fun at times or boring if nothing is going on. But without automation, it has limited upside too. I would go to work and check on a position I exited and it would continue going up or down. But I have to exit the position before I head to work. I can't leave it on without me monitoring since it's a daytrade instead of a swing position.
I feel so close to a breakthrough yet so far since the results though positive is still too minuscule.
1) Work hard at automating my strategies. I think this is the best choice but it will take the longest. I will give it 9month to a 1yr to replicate the way I really think and trade. Maybe it will be shorter with some help(experienced programmer).
2) Swing trading: So, this is the most promising immediate choice. Right now I got a big one stock position in my account for swing trading. It's up nicely. Perhaps, I can scan the market(or use tools to scan the market) and pick a few stocks. Not too many since I don't that much capital at play here. And see how that goes. It's less screen time and higher profit potential. Though a sudden turn in markets can be a huge swing in P&L without proper trailing stops.
3) Daytrading with larger size: This is elusive. On a good day, 10 lot of a futures contract an produce some nice up. But I'm too afraid to consistently through 10 lots around. So, I end up with just 1 or 2. And to be honest, I'm too slow on the keyboard. But the fact that I catch some decent moves is a encouraging sign. But it's labor intensive sitting and staring at some many charts and trying to catch up and down swings. It can be fun at times or boring if nothing is going on. But without automation, it has limited upside too. I would go to work and check on a position I exited and it would continue going up or down. But I have to exit the position before I head to work. I can't leave it on without me monitoring since it's a daytrade instead of a swing position.
I feel so close to a breakthrough yet so far since the results though positive is still too minuscule.
Refactor alot, gonna take much work of frustrating trial and error.. So you should really be motivated for this and look forward to continually working it out.
