So I started trying to learn to trade a long long time ago. Spent literally years watching charts until my eyes bled, reading trading books, watching youtube vid, backtesting and looking through old charts on my weekends instead of having fun etc.
After attempting to learn and trade, I gave up after a 5 years of giving it my very best effort and losing lots of money.
I left trading pretty confident in the fact that whatever techniques people use to trade profitably aren't in the public eye. Charts/TA/'price action' etc is all I had to go by and despite giving it my best shot, these things only lost me money. I also often read hints from profitable traders that real pros don't care about charts/TA/time+sales etc etc, although I never discovered what they DID use
So, years later, I still have a natural interest in the markets. I just find it so interesting and still love watching it.
As a little experiment adn mainly for run, I funded an account, and i'm going to take trades based on the tweets and posts of various traders who I vet online who appear to have some sort of possible 'edge'. Even if they don't, from watching their results, they are at least better than me, so if I lose money, i'll lose slower than taking my own calls!!
Just trading typically 200 shares at a time on any given trade
My last 3 days of doing this have all been small winners (+50, +10, +60),but i'll start 'day 1' from here
I'll keep this up until I get bored or I lose the few K that I have in the account. I can't promise i'll be strict with this to be honest!
Day 1 results:
+107.10
After attempting to learn and trade, I gave up after a 5 years of giving it my very best effort and losing lots of money.
I left trading pretty confident in the fact that whatever techniques people use to trade profitably aren't in the public eye. Charts/TA/'price action' etc is all I had to go by and despite giving it my best shot, these things only lost me money. I also often read hints from profitable traders that real pros don't care about charts/TA/time+sales etc etc, although I never discovered what they DID use
So, years later, I still have a natural interest in the markets. I just find it so interesting and still love watching it.
As a little experiment adn mainly for run, I funded an account, and i'm going to take trades based on the tweets and posts of various traders who I vet online who appear to have some sort of possible 'edge'. Even if they don't, from watching their results, they are at least better than me, so if I lose money, i'll lose slower than taking my own calls!!
Just trading typically 200 shares at a time on any given trade
My last 3 days of doing this have all been small winners (+50, +10, +60),but i'll start 'day 1' from here
I'll keep this up until I get bored or I lose the few K that I have in the account. I can't promise i'll be strict with this to be honest!
Day 1 results:
+107.10