Short term trading

[MrScalper]

You're not quite getting what I am on about. To even suggest that women may trade differently from men without any scientific evidence to back it up is, well, not cool. Especially these days.

The best way to find out is to go directly to the source, is it not.

 

[MrScalper]

https://www.barchart.com/futures/quotes/CLJ17/performance

 

[Overnight]

The best way to find out is to go directly to the source, is it not.

What source? Is there a source I could go to that shows how women trade vs. men?

P.S. And even if there was, why would that affect any little bit of trading anywhere in the universe? What the frak does it have to do with anything? We're all traders!!! *HEAVY SIGH*

 

[MrScalper]

https://www.barchart.com/futures/quotes/ESM17/performance

 

[MrScalper]

What source? Is there a source I could go to that shows how women trade vs. men?

P.S. And even if there was, why would that affect any little bit of trading anywhere in the universe? What the fack does it have to do with anything? We're all traders!!! *HEAVY SIGH*

Let's just hope she is not yielding the big sword when she arrives.

I have a feeling she will be happy to engage in a discussion, but like with trading, I am sometimes wrong?

 

[Overnight]

Let's just hope she is not yielding the big sword when she arrives.

I have a feeling she will be happy to engage in a discussion, but like with trading, I am sometimes wrong?

Well, I feel your posit earlier was couched in a way that may seem offensive and reeks of inequality. There never has been room for that in our society, and now more than ever it just has no place or valid basis. I shall bow out, but not without a funny clip that illustrates the point, teehee.

 

[Simples]

A low risk trade is not defined by your stop level, and your stop level is an integral part of your risk management strategy.

Stops are used to preserve your capital in case you are wrong on the next trade, so will prevent you from losing more than your allocated risk per trade.

Would you like to give another take on what constitutes a low risk trade?

Isn't a low risk trade just a trade where you risk very little?



I thought it was an ear or something too! Don't shit your pants guys.. Geez, no need to get so worked up.

About anticipating prices based on volume/momentum/whatever, if it works, use it, and when it stops working, stop using it. The results of your trades will be the sum of all its parts, including the environment and the rest of the market. Sometimes, change happens, gotta change with it. Of course we all seek the universal holy grail, but it doesn't seem to exist. This is because no magical formula can predict every future movement, only anticipate recurring patterns and relationships.

I've found it much easier to focus on price and currently strive to simplify to the simplest possible simple. Higher momentum carry higher risk (depending on context) and volume can be unreliable for most instruments.

 

[comagnum]

I recall seeing several studies that showed women do better investing in the market and make better day traders - by a wide margin. The reasons given are that men tend to over trade, take on more risk, are over confident, and break their own rules more often.

 

[Xela]

The only women I ever spoke with who traded done so with FX, so I was just curious if you had taken the same path as most women seem to take?

Probably not - but I haven't taken the same path as most people seem to take, either.

CL is not an easy market to trade, so how do you do with that one?

So far, I enjoy it, but am approaching it with a lot of caution and care and conservative position-sizing by comparison with my other trading. I have less than a year's (intermittent) experience of CL, so far.

ES is easier than CL, so again, how do you do with that one?

I've traded ES a little but don't like it at all, by comparison with NQ (which is the bulk of my trading). I'm a relatively fast intraday trader, and ES feels to me a little like watching paint dry.

Do you use the same method for both, or different?

I use the same methods for everything I trade: mostly I'm trying to "buy the dips in intraday uptrends and sell the rallies in intraday downtrends" but in my fast-moving, intraday way. I'm a price-action trader, using my application of techniques taught by Joe Ross, Bob Volman and Al Brooks. All my trading is purely TA-based but I don't use any indicators. And I'm not a scalper.

I did originally start with spot forex, for much the same reasons that many people do, and (eventually, after a very long learning-curve) made what most people would consider a full-time living from it for three and a half years before eventually switching to futures on the advice of institutional trader friends who were familiar with how I trade and rightly advised me that my methods would work better by using constant-volume candles/bars, which are obviously not available for spot forex.

I have spoken with a few women over the years who tried trading, and all took to FX, more than likely due to the high leverage and low margins.

That applies to me, also: I started off very undercapitalised, so leverage and low margins suited me. On the other hand, though, I actually had 4 years' demo account experience before ever opening a real-money account (and that was on average about 25 hours per week for 4 years, so around 5,000 hours in total), which is obviously far longer than most people, and after all that I was actually steadily profitable (albeit on a very small scale, of course, at first) really quickly. If it actually interests you, I kind of described my learning-curve and information-sources in a bit of detail in this post. (And by the way I'm not exactly a "little girl": I'm an adult one with a Ph.D.)

It has been put forward by many that women make better traders than men, mostly due to their ability to control their emotions better than men.

I've seen that said, too, but have no idea whether it's true (though I certainly found Comagnum's post just above this one interesting). I probably effectively "control my emotions" better than about 99% of people not because of my gender but because I have Asperger's syndrome, and am really very "low-emotion" to start with, so there isn't an awful lot there to "control" in the first place. I think that probably makes me well-suited to trading, overall. Funded account trading is no different from demo, to me: I have no emotional attachment to individual results at all - it's all just statistics, probability-functions and risk management, to me.

Why do I get the sense that within 24 hours, Xela will have responded to this with vengeance?

Damn, deliveries around here are unreliable, and I'm fresh out of vengeance ...

I thought it was an ear or something too!

Hmmm ... I really must get round to changing my avatar at some point.

 

[volpri]

Does an intraday chart have swings on it? Swing lows? Swing highs? If yes, and you trade from one swing to the next aren't you swing trading!! ROFLMAO