Day Trading Advice: No Homeruns!

Here is a video from Lightspeed Trading (http://www.lightspeed.com/individual.aspx) 's Trader Talk Series. A successful trader describes his typical day, what stocks to look for and how to play against volume.

Category:

Education

Tags:

• day
• trading
• daytrading
• traders
• investing
• investments
• assets
• money
• stocks
• stock
• market
• lightspeed
• trader
• tips
• equities

[rodaz440]

started trading today, and it was going great, was making profit, initially made around £10 then I thought, y settle for £10 wen you can make £100 and yh well it back fired on me and ended up being £100 down but the funny thing was it was on stock that i had went long on at the beginning and changed my mind and closed then went short and 3 min after that the stock just shot up :/ yh aint i the lucky one. anyway hopefully tomorrow would be a better day.

[joshspiker]

Very sound and logical advice . This guy definitely knows what he is doing and what he is talking about. Good trader, no doubt.

That being said, it can be difficult watching the video because he, like some of the other traders being interviewed on this site, can't articulate his points in front of the camera that well.

Trading is a largely solitary activity, and the lack of social interaction inherent in trading can have adverse repercussions on one's communication skills (as shown here).

[liljonsp616]

Finaly a guy that knows how to trade on You Tube.

You can tell this guy actually DOES trade and isnt trying to hock a book or something.

GL

[SchoolOfTrade]

great video! thanks for sharing!

[Nevawake]

i try trading the US Markets. Here in Australia. Gold, S&P500, etc. In the end it was a 100% failure rate. I was staying up late. Like 2am. Then only getting 5 to 6 hours sleep to trade another late night. It got the point my brain involved with executive function wasnt there. I began trading like a was playing poker machines. Never trade tired, sleep deprived, depressed, or other emotional, and sleep issues. U will lose guarranteed. U need ALL Brain functions in trading

[Gehinterkopf]

Yeah, they always talk about what you should do and what they do, but give no ideas of whether or not they are successful at all!

[bizmob]

Dude you should short in the afternoon, look for nice sideways action first down day of highly inflated stocks. nice video thanx

[elwalvador]

Do you have a web-site? Without being to specific, what type of strategy do you guys use? I've seen some of your videos and am trying to figure out what those bands are, and how you calculate the blue and orange lines. Seems very easy to use.

[0611vegas]

Good advice. I am somewhat new to trading, how much money are you investing on a daily basis? Do you invest all of your capital at one time, or do you do break your money up and do multiple investments a day? What is your daily goal to reach?

[TradingWithAnEDGE]

nice video, I saw your link from tsunamitrading.. SKIP tsunami. If you like... see how I trade the futures SP500 and excellent prediction.