No one will know when the momentum will gone, trend following is no any better than fade trading. They both are loser games if you include...
Commisions did kill, especially if you trade IC blindly - e.g. you trade IC routinely or mechanically each month without looking at the market...
Don't day trade. This only make your broker or bucket shop owner rich.
He will continue collect the "profit sharing" from his investor until the sh** hit the fan (which will happen eventually) He will not blow up,...
Your are using the low reward and extreme high risk super leverage strategy which means you will win most of time with small gains, until one day...
I am more interest to know what is your plan if the market gap up or down after close ? You did know that you will loss many times than your...
Good luck.
99.9999% of the day trading strategies fail, the reason is the edge from most day trading strategies will not sufficient to cover the cost (...
Look at this thread .. https://www.elitetrader.com/et/threads/how-common-are-really-large-successful-traders.296140/page-9#post-4308477
Sometime you would rather have SMALL drawdown from time to time than a lot of SMALL wins with one loss trade that will blowup your account.
Don't think so, consider the potential DD of your strategy vs the potential return.
Hold the losing position and don't close it, until either 1) The market turn and you win like a never loss super hero 2) Your broker close your...
Another dream sold to newbie by those fake guru or cheap books.
Open a paper account with thinkorswim/TDA, try the above positions in their platform.
Good luck to whoever think of to invest in this clearly scam artists..
Re-do the chart after you normalised by inflation. A dollar today is different from a dollar 100 years ago.
You will find the 0.001% after many years of hard works, but please don't expect someone will share with you the 0.001% in the free forum like ET....
Day trading is not for someone like you. The commission and slippage will remove any of the edge immediately, 99.999% of the day trading...
This is precisely why Karen strategy will blowup eventually (and so do others such as LTCM). The black swam is actually just a "grey" swam in...
Separate names with a comma.