1) A good entry (of which you already know to employ.)
2) A pre-planned exit. (of which you have already built the emotions and discipline for: A profit target, trailing stop, or stop loss.)
3) To be aware that its just all you, predicting something that one doesn't really know for sure HOW THE MARKETS WILL PERFORM FROM ONE MINUTE TO THE NEXT -- only that you DO THESE THINGS.
It really has been tough lately guys. I'm trying to adjust by just really looking for scalps. I haven't caught a really nice breakout or breakdown in a while and I really like to let my profits run when I can but lately that's been nearly impossible.
Been ending the day pretty flat as well, just down because of commissions and fees. Hopefully we can see some movement in one direction or the other pretty soon.
I am dealing with the same challenges, it's really annoying. We had like a small rally for a couple days at the start of the month, but that was it. It's just been awful for trading, I am also down due to commissions.. sigh* I hope to see something happen soon.
I'd also love to see my profits run, but nothing to work with for awhile really.
UNG, held a higher high but as we all know oh to well lately it could wick right down to make a double bottom and rapidly reverse stopping you out and leaving you behind. good luck trading!
What are some of the indicators that you saw un the UNG wedge? 1) volume 2) finishing off with a hammer on the 20pt. moving avg.? 3) wedge formation. Even with all the over stock of oil.
Thanks, I have created an account. I am sort of lost in the software. I have taken an interest in day trading and have been doing some research to learn what its all about. I love the strategies it requires and honestly looks really fun. Although I am not sure where to start.
TRADING PANACEA.
I HAVE THE HOLY GRAIL OF DAY TRADING.
So basic and simple, but tough.
1) A good entry (of which you already know to employ.)
2) A pre-planned exit. (of which you have already built the emotions and discipline for: A profit target, trailing stop, or stop loss.)
3) To be aware that its just all you, predicting something that one doesn't really know for sure HOW THE MARKETS WILL PERFORM FROM ONE MINUTE TO THE NEXT -- only that you DO THESE THINGS.
Eddy.
eddyvideostar 2 years ago
Some more Tutorial Videos would be AWESOME!! Maybe a short video on hedging : )
SomasTube 2 years ago
ERY is a monster..... I'm long FAZ (I think this market can't hold water for long) great video brother keep it up.
BBCcashville 2 years ago
faz looks funny. Why the volume bars are so big if it barely moves on the daily?
lti12 2 years ago
What settings are you using in Trade Ideas to locate stocks that are consolidating?
GtTrader67 2 years ago
Any trading platform recommendations for Macs?
kraze3carl 2 years ago
Sorry. Not a Mac user so I dont know for sure.
sgomez858 2 years ago
Think or swim is the only one I have found for mac's. Just run Parallels and XP with you PC trading platform.
Oneking2 2 years ago
Tough trading guys I must agree--hopefully things will improve soon.
InformedTrades 2 years ago
Same here. market had traction in March and April but lately has been in a sideways black ice skid. Turn left - go right.
sgomez858 2 years ago
It really has been tough lately guys. I'm trying to adjust by just really looking for scalps. I haven't caught a really nice breakout or breakdown in a while and I really like to let my profits run when I can but lately that's been nearly impossible.
Been ending the day pretty flat as well, just down because of commissions and fees. Hopefully we can see some movement in one direction or the other pretty soon.
EganTrading 2 years ago
I am dealing with the same challenges, it's really annoying. We had like a small rally for a couple days at the start of the month, but that was it. It's just been awful for trading, I am also down due to commissions.. sigh* I hope to see something happen soon.
I'd also love to see my profits run, but nothing to work with for awhile really.
I also hope things change soon as well.
zeffie 2 years ago
Comment removed
lti12 2 years ago
Comment removed
lti12 2 years ago
damnyou love that ung haha
braveheart85 2 years ago
Awesome!! thank you
kouznetsov 2 years ago
I found a decent free chat room on ustream. the channel is shark-tank-traders
TheTradingGoddess 2 years ago
i like the swing trade ideas thanks
ctozzi123 2 years ago
UNG, held a higher high but as we all know oh to well lately it could wick right down to make a double bottom and rapidly reverse stopping you out and leaving you behind. good luck trading!
maximumvalues 2 years ago
What are some of the indicators that you saw un the UNG wedge? 1) volume 2) finishing off with a hammer on the 20pt. moving avg.? 3) wedge formation. Even with all the over stock of oil.
TheProphiting1 2 years ago
Thanks for the videos, very appreciated. Always learning :)
bluecat1122 2 years ago
Good video.
Ps: Does anyone know any good Paper Trading programs? I have been looking around for a while.
Thank you.
-Dylan
JMDylan 2 years ago
think or swim
prophet charts are from TOS and are very good
jellybeansinc 2 years ago
Thanks, I have created an account. I am sort of lost in the software. I have taken an interest in day trading and have been doing some research to learn what its all about. I love the strategies it requires and honestly looks really fun. Although I am not sure where to start.
JMDylan 2 years ago