I watched a bunch of YouTube videos and did live trading today. It went ok but I made quite a few errors. Multiple Flatten orders got rejected...
I have been using Schwab for over 10 years. Now they are migrating to the ToS platform after acquiring Ameritrade. Hope to get some tips on ToS....
How was your paper trading in the last few weeks? Better than live trading?
If you stare at candles long enough you’ll get a feel of how one candle will move pretty well. That’s a small edge that quick scalpers are using....
I day trade tsla. It’s very liquid and the depth is good too. Do you think MMs care about us retail traders at all, market orders or limit orders?
So we’re the medicine? lol
My understanding of “stop hunting” is that the market always seeks liquidity, i.e., where lots of resting orders are present. Even though I am not...
I am trying to figure out if I am in the way of the MMs or brokers. They will/need to make profits so we better not get in the way as retail...
Now I understand that our market orders are good for MMs. So our brokers and MMs always welcome our market orders. LOL...
I believe the underlying reason is the human nature of loss aversion.
Very interesting discussions here! I have been thinking about this for a while. Assuming I am trading with MMs what do they see and want to do...
I am also learning to overcome my overtrading problem. On the surface it’s overtrading but underneath it’s actually the lack of an edge to...
I never gamble in a casino knowing it’s a losing game but I lost plenty of money in the stock market knowing I may succeed some day.
[MEDIA]
If different timeframes agree it’s indeed a good confirmation, increasing the probability of a winning trade.
Agreed! However, the issue here is how the 70% failures turn out each time. As I said above you could be stopped out before market goes your way...
What I am saying is that one is still never 100% sure about this BO failure after the 2nd push-up, so a risk needs to be taken for this trade. The...
I agree the most useful thing is trading psychology. All technical stuff and trading strategies are good to know but changing all the time, so...
I see this is a pretty typical BO failure/fading setup in hindsight. But how do you know for certain in real time? Even after the failed 2nd...
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