i agree with others - backtesting is worthless - only good to get ideas when developing - run it in sim/demo for a few months (assuming your sim...
Oh no - not the "gut feeling trade. I have been in same boat with day trading. What I did, and everyone is different, when my system started to...
- accept the fact not everyone is cut out for trading - it is very hard to change yourself for this job so only take trades that fit your...
I wont even entertain the idea of back to the grind - jobs make money but freedom is priceless! :D
Much HF takes advantage of order flow arbitrage. Orders flow is constant. The quants who build that stuff have big companies and lots of other...
You day trading? Swing? longer term? I have a system that is very reliable that trades horizontal breakouts but it is a day trading technique...
There are websites that offer free stock scanning tools for technical indicators. As far as broker goes - does it really matter if you are swing...
LOL -forget crunching numbers - do standup comedy :D
Hey, I was in your shoes years ago. Been there, done that. Private, then prop, now back to private. Had same issues with timing. Had many issues...
Like the fact you are educating yourself and you are taking initiative to post here albeit a long post. I have said this many times over the...
retailers report later in the season - since we are a 'shoppers' (debit, credit) economy I bet (a beer) 4Q retail reports move the markets if...
most investors follow what they see on tv or in print - which is mostly garbage to get you to watch their commercials.
I am constantly analyzing my stock behavior and systems performance and making changes. Last year I started to become more active in...
Well said FSnopes
focus on proper trading and money management. scaling in-out, setting proper stop losses, target price selections, when not to trade and so on....
Depends on your investment vehicle and time frame. My day trading system does not care a lick about the economy, market direction, company behind...
Back in the day, as a prop we had 95% attrition rate with day traders - why? almost all had unrealistic expectations of fast money and F'cars. The...
will see how it closes. big gappers almost always consolidate on gap day.
It is all about the demographic. Look at the lower level of education of those you reference. Higher percentage of smokers as well. Divorce rate...
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