is there any weekly/monthly traders?

[vinrouge]

i don't believe day-trade, because i think the chance to predict very short term movement is almost impossible.

that's why i prefer to setup a profolio and review the combination weekly/monthly... etc.

does there anyone use the same stractegy as me?

 

[murray t turtle]

Quote from vinrouge:

i don't believe day-trade, because i think the chance to predict very short term movement is almost impossible.

that's why i prefer to setup a profolio and review the combination weekly/monthly... etc.

does there anyone use the same stractegy as me?

================
Yes thats the way most money is traded/invested;
course mm/speciialists do real well pulling trigger very often.

 

[Steve Tvardek]

Maybe for you it is impossible but my P&L says differently.

Think about it, the shorter the time frame, the less variables there are to "change" the direction of the stock. I have a much higher probability of predicting the next 5 mins then the next hour, day or month. Thats just my opinion though.

Quote from vinrouge:

i don't believe day-trade, because i think the chance to predict very short term movement is almost impossible.

that's why i prefer to setup a profolio and review the combination weekly/monthly... etc.

does there anyone use the same stractegy as me?

 

[illiquid]

There's barely anyone on this forum that trades off just daily charts (I've asked before), much less weekly/monthly.

 

[newbunch]

I trade weekly. I'm sure my strategy is not the same as yours though.

 

[El OchoCinco]

I trade monthly but it is with options not stocks.

 

[Algorithm]

I trade somewhat like you have described, longer positions/some swing, but also use options to leverage and hedge.

Nothing wrong with longer timeframes at all as long as you know what you are doing. To each his own.

 

[vinrouge]

it's always interesting to share the thoughts with you guys
by the way, how do you establish your mid term trading strategies?

 

[NKNY]

I also trade with daily EOD information. I find that the money is made in holding overnight.

Nick

 

[Bitstream]

Quote from NKNY:

I also trade with daily EOD information. I find that the money is made in holding overnight.

Nick

Yeah, very little money to be made intraday and almost no edge, especially on futures.

Open positions with a long term horizon and the chances of success are pretty good for u.