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New here, but not new to trading.


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New here, but not new to trading.

  #1 (permalink)
N00bdayraider
Jersey City, NJ
 
Posts: 8 since Jul 2015
Thanks Given: 2
Thanks Received: 6

I've been trading for a couple of unprofitable years, figured I'd make an account here because the worst that'll happen is I'll lose more money!

I'd still consider myself a beginner because I'm unprofitable.

I don't use indicators, not even volume, and I prefer to day trade the morning session. My current instruments are buying calls/puts for SPY, QQQ, AAPL, IWM, and FB to name a few.

Hope I figure this trading thing out one day.

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  #3 (permalink)
sledmt
Kalispell montana
 
Posts: 158 since Jan 2015
Thanks Given: 157
Thanks Received: 23



N00bdayraider View Post
I don't use indicators, not even volume, and I prefer to day trade the morning session. My current instruments are buying calls/puts for SPY, QQQ, AAPL, IWM, and FB to name a few.

Curious, what is your trading strategy?

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  #4 (permalink)
N00bdayraider
Jersey City, NJ
 
Posts: 8 since Jul 2015
Thanks Given: 2
Thanks Received: 6


sledmt View Post
Curious, what is your trading strategy?

I'd say I don't have a strategy since I'm unprofitable, but it basically involves lines such as the Previous Day High, Previous Day Low, and Hourly/Daily/Weekly trend channels.

I plan on putting up a trading journal on here to hopefully get valuable critique about the strategy.

And my journal will be all paper trading.

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  #5 (permalink)
sledmt
Kalispell montana
 
Posts: 158 since Jan 2015
Thanks Given: 157
Thanks Received: 23


N00bdayraider View Post
I'd say I don't have a strategy since I'm unprofitable, but it basically involves lines such as the Previous Day High, Previous Day Low, and Hourly/Daily/Weekly trend channels.

I plan on putting up a trading journal on here to hopefully get valuable critique about the strategy.

And my journal will be all paper trading.

Well, I guess we all start somewhere.

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  #6 (permalink)
N00bdayraider
Jersey City, NJ
 
Posts: 8 since Jul 2015
Thanks Given: 2
Thanks Received: 6


sledmt View Post
Well, I guess we all start somewhere.

Yep.

I respond well to constructive criticism, and I'm hoping my trading journal (whenever I get around to doing that) gives me the feedback to turn me into a consistently profitable (albeit on paper...which I think I have the means to translate to real money) trader.

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  #7 (permalink)
 SurtiTrader 
Surat+Gujarat/India
 
Posts: 25 since Jul 2014

Welcome to this forum. I am also trading since 2 years and now have learned a lot through constant practice. Hope you will share your knowledge and experience with us.

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  #8 (permalink)
N00bdayraider
Jersey City, NJ
 
Posts: 8 since Jul 2015
Thanks Given: 2
Thanks Received: 6


SurtiTrader View Post
Welcome to this forum. I am also trading since 2 years and now have learned a lot through constant practice. Hope you will share your knowledge and experience with us.

Thanks, though I hope nobody comes to me for knowledge/experience. I'm now taking a humbling approach to trading and hoping it turns me into a master.

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  #9 (permalink)
N00bdayraider
Jersey City, NJ
 
Posts: 8 since Jul 2015
Thanks Given: 2
Thanks Received: 6

Actually, now that I think about it, I'm going to use the MACD for intraday trading for my SIM trading journal (which is coming soon).

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  #10 (permalink)
 SurtiTrader 
Surat+Gujarat/India
 
Posts: 25 since Jul 2014



N00bdayraider View Post
Thanks, though I hope nobody comes to me for knowledge/experience. I'm now taking a humbling approach to trading and hoping it turns me into a master.


Of course you will. But you need to take it seriously. I would like to suggest you to find an appropriate broker and practice risk free trading through Demo and then enter the real world of Forex. I did the same about 5 years ago and faced many difficulty at first, but now I have found the best broker and I am earning a lot through him.

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Last Updated on September 11, 2015


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