Still looking for my strategy

Discussion in 'Strategy Building' started by smcoder, Oct 19, 2021.

  1. smcoder



    I do consider S/R lines and volume when setting entry and exit points.
    Is your scalping effective? Is your account growing?
    #11     Oct 19, 2021
  2. smcoder


    @Leob, thank you for pointing me to VPOC, it looks very interesting and reminds me of volume profile, identifying the price at which trades in a given day or time period took place
    #12     Oct 19, 2021
    Leob likes this.
  3. deaddog


    #13     Oct 19, 2021
    smcoder likes this.
  4. Leob


    Mainly pay my bills.. not to much fat remain
    #14     Oct 19, 2021
  5. Well then I guess you'll just have to be part of the 95% that loses then
    #15     Oct 19, 2021
  6. fan27


    I am having good results trading break outs in stocks. This guy has some good videos if you are looking to emulate someone's style of trading.
    #16     Oct 19, 2021
    smcoder likes this.
  7. smcoder


    Last edited: Oct 20, 2021
    #17     Oct 20, 2021
  8. Sometimes that's all you need. Especially as most of us have a long or short bias in terms of seeing opportunities.
    #18     Oct 20, 2021
    smcoder likes this.
  9. smcoder


    I agree. I've always felt like my strategy is somehow incomplete but I really never got into shorting or options trading to take advantage of corrections or bear markets. Shorting or options trading have the added complexity of requiring being correct in timing the market. A thing I also realized recently is that I really need to slow down my trading and I somehow feel like having a strategy that works both long and short would give me almost no time to take a step back and relax :)
    Last edited: Oct 20, 2021
    #19     Oct 20, 2021
    tomorton likes this.
  10. Exactly. Most focus on the financial aspect of what trading can offer but ultimately money equals time. And if you're making a good living but spend 18hrs a day in front of your screen are you really wealthy or just rich? All you need is something that works consistently. Don't complicate it if that's what you have.
    #20     Oct 20, 2021
    smcoder and Leob like this.