losing money ,change strategy.......

M

misalto

I am daytrading with a 25,000 dollar account since one week i was winning 2000 dollars daily in just the market open in the second week i started to trade at the afternoon and at closing market and i lost all i won in a week so i decided im just going to trade at the opening of the market and quit for the rest of the day ...
What do you think?
Its impossible to win daytraders between 10.30am and 3pm i respect those guys they really know how to hunt for money....

just my 2 cents....
 
A strategy would be nice.

Unless you are trading a discretionary style, in which case you sound you have no idea what you are doing and will probably blow it.

Make a plan, follow your strategy, execute the strategy and accept the results, change strategy if required, and repeat.

Greed is not good.
 
Take a look at the "noon balloon" AND the final 90 minutes of the session. You should find some consistancy during those time periods. If not, trade the open and then relax OR get a job.
 
yes i trade stocks ,ill try the ballons and the end of the day but
with small portions of stocks just to catch the rithym...


thanks you guys are very helpful ,you sound very proffesional...



misalto......
 
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