Profitable ES Daytrading Style Survey

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pretzel

Just wondering what trading styles are used by profitable ES daytraders. I monitor some chatrooms and many have opposite styles (taking opposite trades at the same time) but still net profitable. Other parameters might include targets and stops and timeframe used.

pretzel
 

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It seems that there are only a few voting for countertrend trades,

Here's a site which uses it and is quite successful - http://bellsouthpwp.net/g/e/gene417/

Not my style psychologically but cant help noticing them making point after point.

BTW, I always use a stop and a target (remember Bracket Trader?)

pretzel
 
spotting trends, and then the breakout with the squawk box's confirmation has always been a money maker to me. Just a matter of picking a good exit.
 
Quote from pretzel:

Just wondering what trading styles are used by profitable ES daytraders. I monitor some chatrooms and many have opposite styles (taking opposite trades at the same time) but still net profitable. Other parameters might include targets and stops and timeframe used.

pretzel
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Pretzel,

Do you mind explaining the chart you posted ?

thanks,
 
If you voted in the survey, there are 4 choices - the numbers roughly label the points where you would have entered a trade for the corresponding choice. Any of the choices can produce a winner but you have to get out at the right time.

pretzel
 
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