Added: 3 years ago
From: sgomez858
Views: 7,174
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  • many stocks are taking 4 steps forward and 3 steps back so to speak. if you are buynig on the 4 th step forward, it makes it hard to sit through the 3 steps back. Buying the strong stocks on those fast pullbacks is where you want to be. Algos are masterfull at trying to shake out weak traders.

  • What broker do you use, and also is it best to trade as is buy lowest when on a red candle and wait till it hits highs? that's how i'm trading, i'm new to day trading and don't profit much any help/tips are appreciated.

  • @stlk12 try to pay on the bid and not chase the offer when day trading these days. the HFT dont let things get to far ahead of themselves and you may be able to buy cheaper if you just wait a bit.

  • @sgomez858 What do you mean try to pay on the bid, if the red candle swoops down to 1.3899 for example and then a green candle swords up 1 minute later to 1.4000 is that what you mean? Because that's what I'm doing right now and I'm not sure if this is a proper way of trading.

  • I offer an online Oil Trading Room at my website if you're interested.

    David

  • Hi Steve , great style trading . can you tell me what your win/loss ratio is ? can you talk more about money management , & Stopping out ? ....... my trouble is it seems traders must have STOP out discipline 100% of the time . all it takes is one bad trade to wipe out the whole months profits

  • Hey Steve, did you go with REDI+ too? or are you still with Light Speed? where can I find info on Redi+?

    Thanks and keep it up!!

  • Your broker has to offer it. It is a product of Goldman Sachs so you could start there? Especially since they are going to need new revenue ideas these day ;-)

  • wow man you should have been play'n HIG that was fun. hope'n for a pop on monday morning so i can jump on the $15 puts.

    come join the fun man!

    -X-

  • Do you think UMOO is a good way to learn trading?

  • Ah I see they advertise on this video. Well, for learning and watching the market, these types of sites are a good way to keep score,.....on paper. Taking the leap to live trading is the real learning curve as the emotions tend to cloud your normal decisions.

  • Awesome video thanks guys

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