Stock Swing Traders
- Thread starter coolweb
- Start date
this was a bad trade
PRoblems with this trade:
1) too eager for an entry:
happened right on trend change, this never works out because there is a lot of chop during changes. aka fake movements.
Lets not repeat this obvious mistake
still net profit today
covered everything else earlier
so
we are up to
8 trades
2 losers
1 med winner today
1 stopped out loser
100% pissed. Because that loser wasn't even suppose to be a trade.
PRoblems with this trade:
1) too eager for an entry:
happened right on trend change, this never works out because there is a lot of chop during changes. aka fake movements.
Lets not repeat this obvious mistake
still net profit today
covered everything else earlier
so
we are up to
8 trades
2 losers
1 med winner today
1 stopped out loser
100% pissed. Because that loser wasn't even suppose to be a trade.
been working on another business (video on the internet 
but i will be dedicating 1 hour for investments and short speculations per day.
better to be in the game then completely oblivious of the game.
--------------
Some thoughts:
Aggressiveness,
Going to turn on the aggressiveness full blast, I use to be a defensive trader,
I will try to change my ways into an offensive trader.
No risk No gain
As a defensive trader, I sit on the sidelines WAY too much , I think there was a time when I sat through 2 weeks of 0 trades, on a price action trade.
Research,
This is going to be my change of 2007 , The stock investments I do, will be researched out, so my confidence in the trade will not only be on technicals but on fundamentals.
fund + tech + position = $.
I will be looking for information edges.... should be interesting
-----------------
My current market bias: short
but i will be dedicating 1 hour for investments and short speculations per day.
better to be in the game then completely oblivious of the game.
--------------
Some thoughts:
Aggressiveness,
Going to turn on the aggressiveness full blast, I use to be a defensive trader,
I will try to change my ways into an offensive trader.
No risk No gain
As a defensive trader, I sit on the sidelines WAY too much , I think there was a time when I sat through 2 weeks of 0 trades, on a price action trade.
Research,
This is going to be my change of 2007 , The stock investments I do, will be researched out, so my confidence in the trade will not only be on technicals but on fundamentals.
fund + tech + position = $.
I will be looking for information edges.... should be interesting
-----------------
My current market bias: short
Aggressive trading
Vs
Defensive trading
Aggressive trading is not just attacking all trades,
In my opinion its very simply put
Like a lion, he does not attack every bird , worm, squirrel he see,s
he waits for a fat ass zebra and chases it down like a caveman in heat.
I think htats the idea of aggressive trading,
to wait for the right opportunities which provide the liquidity to put on the size.
Now daytrading, I can see , unless we asre trading nvda or csco , liquidity is hard to come by.
And now we proceed.
-----------
I always asked myself, if I am trading aggresivelly enough, or are the right signals coming along, now that I have checked myself, I was trading aggressively
but the signals I came up with were not as good as they can be.
More innovation would be required, thinking out of the box....
----
Size is never an issue for me, when I'm confident, size is always on, and I think I have the aggressive part
Its finding the opportunties and edge, that requires improvement
In this day and age, who DOESN'T have size? A proptrader with $10k probably has $500k to bang with.
Vs
Defensive trading
Aggressive trading is not just attacking all trades,
In my opinion its very simply put
Like a lion, he does not attack every bird , worm, squirrel he see,s
he waits for a fat ass zebra and chases it down like a caveman in heat.
I think htats the idea of aggressive trading,
to wait for the right opportunities which provide the liquidity to put on the size.
Now daytrading, I can see , unless we asre trading nvda or csco , liquidity is hard to come by.
And now we proceed.
-----------
I always asked myself, if I am trading aggresivelly enough, or are the right signals coming along, now that I have checked myself, I was trading aggressively
but the signals I came up with were not as good as they can be.
More innovation would be required, thinking out of the box....
----
Size is never an issue for me, when I'm confident, size is always on, and I think I have the aggressive part
Its finding the opportunties and edge, that requires improvement
In this day and age, who DOESN'T have size? A proptrader with $10k probably has $500k to bang with.
welcome back!
OMG hes back!! 