Is trading easy?

Is trading easy?

  • Yes

  • No

  • Fuck off cunt.

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tomi01 said:
Yes, I agree, when they say stick to your strategy. There is always the simulator to experiment with refining or altering according to the way the market changes and if that works out well time after time, it can become a new strategy with real money. I was really surprised to find that the way the Think or Swim simulator fills and the action is just about the same as in RL. Fills are not at the mark as in the simulator but I haven't noticed much difference when it comes to scalping with market orders the way I am in RL. Even slippage seems the same. That simulator is so good, I wonder how it is coded to mirror the market with fills and the action. Do they mirror the market somehow for the simulator?
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Are you an artistic trader?
 
IMO if you are a not a pro trader, then you have to abandon scalping and trading all charts apart from daily, weekly, monthly. Trade support and resistance and be totally impartial. Buy support and sell resistance, be humble with profit taking, work out your profits wisely allowing for 50:50 win loss ratio or worse, don’t forget that the best of pro traders are the ones that are correct around 50% of the time. Swing trading is the way to do it. Don’t over commit to any single trade and be mechanical with your stops. Do not allow emotions control your trades. I wouldn’t advise dollar averaging/ scaling in and out, full position in and out.
 
Thanks for the advice, but I'm doing okay for now. Been there and done that. That's how I slowly grew an account and now, for once, I'm coming up green everyday day trading with scalps. I posted my info so that others might find it and not have to spend hours at a time on other places putting pieces together to figure out that this is doable and how. For now, as you say :) But I think it will be for quite some time... there is volume in them there hills and it lives in tech stocks..

But if I was going to swing trade again, that is exactly how I would try to do it, and sought to in the past and I agree, no scaling in and averaging out.. That's active trading on a pro basis I don't want to have to deal with.

I'm protecting my invested capital this way and I generally am clearing at least $150.00 a day now. That adds up nicely. Plus it is fun. It took a lot of practice on the simulator and I'm still using the simulator in between the real market to keep refining and doing the stupid things I might want to try without risk to my account. But in RL I'm making a nice but not big profit everyday with scalps. It is comforting to know that nothing else in my account is risked this way.
 
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There was so much momentum in NVDA all day.. I doubt I want to risk getting into the deep waters of 3xetfs etc. I made my $150 with a little plus of that today and would have done better but I need more "refinement" on the simulator.. Baby steps... :)
 
tomi01 said:
I made my $150 with a little plus of that today and would have done better but I need more "refinement"

Baby steps... :)
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$150 is Ken Calhoun money after three decades of experience.

Go from 150....to 1,500....then 15,000
All in due time, be bold...but be very wise, and calm, intelligent, and independent-minded,

May the farce be with you,
Mazel tov,
 
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