Received 9 Karmas
Craigtradesthis
Craigtradesthis Feb 10, 18 10:17 AM

So, went on a week long or so hiatus to read and learn in an effort to stop overtrading and chasing strength or weakness. I have never traded 100k in one position! I think it has something to do with my trade imports, which I am still getting used to. My swings have been fine I guess. my biggest issue has been setting risk/ reward that is suitable to me. I want only very high reward to risk as I'm sure everyone does.....The only issue is I have a hard time setting levels for risk reward that all

Craigtradesthis
Craigtradesthis Feb 10, 18 10:18 AM

that allow me to make a few grand without risking over a grand.....and I'm trading for a living so its hard to just say "wait for the good plays" and "don't trade everyday".

maherc12
maherc12 May 17, 18 4:02 PM

I have found that trading only the stocks with big volume and volitility is best. When the bollanger bands go vertical, big volume comes in and price is pushing above the 9 EMA, trading is fun. Good book- The Trading Book by Anne-Marie Baiynd a pro tading coach. I have been struggling with poor entries, so I am playing only the best setups.

Join now or log in to leave a comment
KTM4NICK
KTM4NICK Jan 16, 18 6:23 PM

i held over the weekend, in around 3:30pm about in @ 2.08, didnt like how it was looking premarket ( making lower lows) and sold for only 2.20 :/

boomerang_boehm
boomerang_boehm Jan 16, 18 8:21 PM

@KTM4NICK that's what I sold for too now look at it or mid day in the 2.90s dang it all lol well live and learn I guess I appreciate you sharing with me

Join now or log in to leave a comment
Miller92308
1
Miller92308 Sep 10, 17 11:06 PM

i know what you mean. I too work full time but luckily i'm on 2nd shift working 3:30PM to 3:30AM Monday-Friday occasionally on weekends.. my suggestion is to buy/short near the close on what trade you feel is ideal to have either a morning panic or spike. Sell or cover pretty early in the open 9:30-10:00AM if no action then just get out. Best i can come up with anyway, Good Luck!

Kev2128
Kev2128 Sep 10, 17 11:26 PM

Sorry man! But your idea sucks! You need to maybe watch Tim videos first before tempting to trade.. What you are telling me is your trading blind with no level-2 or live charting. Then your guessing saying those crazy suggestions on buy/short near the close? Hate to say this but you'll be joining the 90% losing traders club real soon

Miller92308
1
Miller92308 Sep 10, 17 11:35 PM

@Kev2128 Appreciate the opinion. Especially as you've had success. i've only studied 113hours of his videos. I personally do trade with Level-2 and Live charting with STT.. Just thought i'd give the guy a possible option. Not saying it'll help alot.

Kev2128
1
Kev2128 Sep 10, 17 11:47 PM

No problem! Just being brutally honest! The ONLY way i see this working with a job is to trade options as the hold as i do are between a day or a week before making profits. But day trading you will never make it with a 9-5.. Good Luck

Join now or log in to leave a comment
Page
of 9