The key to trading that I found.......

[athlonmank8]

Quote from Ribs:

I have to say I see no key to trading here

with all due respect, I could take you all to school

good luck

i'm sure there's tons of ppl that could take me to school. cabletrader and Joab on here are one.

But that doesn't mean i'm an idiot (or losing money) either.

 

[athlonmank8]

Quote from Ribs:

I have to say I see no key to trading here

with all due respect, I could take you all to school

good luck

Yeah. Well something's not clicking then

 

[Ribs]

Quote from athlonmank8:

i'm sure there's tons of ppl that could take me to school. cabletrader and Joab on here are one.

But that doesn't mean i'm an idiot (or losing money) either.

you are probably not an idiot

but don't you think you could trade WAY better if you only focused on support/resistance of say SP500

just day trade it, increase size appropriately

that's it

fundamentals are not word you should ever utter

 

[Redneck]

Quote from BSAM:

Why did you start a discussion thread, then switch to "PM" on your 3rd post?

Selling koolaid?

FWIW - He was just trying to help - never suggested selling anything

Redneck

 

[Redneck]

Quote from Ribs:

you are probably not an idiot

but don't you think you could trade WAY better if you only focused on support/resistance of say SP500

just day trade it, increase size appropriately

that's it

fundamentals are not word you should ever utter

IMHO - There have been times when fundamentals have provided valuable insight, and an edge… However with the current economy being what it is – I think, right now, the fundamental don’t offer any value.

Could I be wrong – Lord yes


Because - who can say what the future has to offer - there may come a time when they once again offer an edge (I can use)

eta I'm refering to individual companies - I do use/ look at overall economy / sectors regularly - I would be a fool not to

Take Care

 

[ammo]

ribs,regardless of supp./res on your tl chart,you must be watching your back every time you get long,because fundamentally this market is in bad shape,if you are able to block that out,my hat;s off to you

 

[Ribs]

Quote from ammo:

ribs,regardless of supp./res on your tl chart,you must be watching your back every time you get long,because fundamentally this market is in bad shape,if you are able to block that out,my hat;s off to you

I do block it out

but keep in mind I am in position 1 hr at most

 

[BSAM]

Quote from Redneck trader:

FWIW - He was just trying to help - never suggested selling anything

Redneck

Kewl.....His initial post seemed okay. But, then he immediately mentioned a PM. Was kinda strange. Hope he passed on a good idea or two for you.

 

[athlonmank8]

Quote from Ribs:

I do block it out

but keep in mind I am in position 1 hr at most

oh ur right then. I actually swing trade (options)

I should have probably pointed that out for the "fundamentals" comment. That bias can screw up daytrading (with the exception of major news intraday of course). Learned that lesson the hard way myself.

Do you use daily charts in your intra-day trading?

 

[Ribs]

Quote from athlonmank8:


Do you use daily charts in your intra-day trading?

options I don't do at present moment

and yes I do use daily in my intra day decision making

two timeframes are good, wink wink