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passing the time of day ? profitably
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passing the time of day ? profitably

  #1 (permalink)
Elite Member
LONDON UNITED KINGDOM
 
Futures Experience: Advanced
Platform: SC
Broker/Data: IB
Favorite Futures: NQ
 
Posts: 30 since Jan 2010
Thanks: 1 given, 27 received

passing the time of day ? profitably

everybody want,s to daytrade, ie open and close a position the same day, wow pennies from heaven, well that,s the general idea, anybody who daytrades profitably are not blogging or sharing secrets with anyone else !!, so that just leaves the losers and simulators, who hope and even pray for success in daytading, the best advice based upon my experience and countless others experiences is that daytrading is for losers, that is a fact, so digest please. so how to profit !!!, take a longer time frame, a few days to enter and exit a position, based upon my own experience and again countless others experiences, this is the only way to trade and make money, of course humans are addicts, must sit at that screen all day or least part of the day, win or lose, mostly lose, but hey it,s only sim, start again tomorrow in the search for the investment system grail, please stop fantazing, you waste your time which is more precious than the money you lose lose lose and sometimes maybe win, take the longer time frame, for example the average stock moves 3% to 5% per weeek on the NYSE, but hey that ain,t enough, I need that in the next five minutes, you loser you lose, I know I was a big big loser who did not learn for a long time, I learn now and profit, sometimes I still dream about daytrading I HAve have seen the light and the $$$ in my account,


longer time frame, stocks and options, monitor the market one or two time a day especially with options, hardest thing with this style of trading is filling in the time, find other pursuits, believe me your time will be better spent and the point you shall make money, but everybody want action now, well take a flight to vegas,
as the investment $$ grow, your confidence grows as will your investments.

be smart, not tart,

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  #2 (permalink)
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  #3 (permalink)
Membership Revoked
Oslo, Norway
 
Futures Experience: Advanced
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Posts: 1,198 since Apr 2010
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Some of us do both...

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  #4 (permalink)
Site Administrator
Manta, Ecuador
 
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Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
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This is going to be your trade journal? (you started it in the Trading Journals section)

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

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  #5 (permalink)
Membership Revoked
Oslo, Norway
 
Futures Experience: Advanced
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Lornz's Avatar
 
Posts: 1,198 since Apr 2010
Thanks: 500 given, 1,235 received


Big Mike View Post
This is going to be your trade journal? (you started it in the Trading Journals section)

Mike

I think he is attempting to "journal" away his envy of successful intraday traders. I'm looking forward to it...

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  #6 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
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Lornz View Post
I think he is attempting to "journal" away his envy of successful intraday traders. I'm looking forward to it...

Be nice. Everyone has their own path and we don't need such negative posts here.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #7 (permalink)
Membership Revoked
Oslo, Norway
 
Futures Experience: Advanced
Platform: CQG, Excel
Favorite Futures: CL
 
Lornz's Avatar
 
Posts: 1,198 since Apr 2010
Thanks: 500 given, 1,235 received


Big Mike View Post
Be nice. Everyone has their own path and we don't need such negative posts here.

Mike

Like his post, you mean?



euroventure View Post
anybody who daytrades profitably are not blogging or sharing secrets with anyone else !!, so that just leaves the losers and simulators, who hope and even pray for success in daytading, the best advice based upon my experience and countless others experiences is that daytrading is for losers, that is a fact

humans are addicts, must sit at that screen all day or least part of the day, win or lose, mostly lose, but hey it,s only sim, start again tomorrow in the search for the investment system grail, please stop fantazing, you waste your time which is more precious than the money you lose lose lose and sometimes maybe win, take the longer time frame, for example the average stock moves 3% to 5% per weeek on the NYSE, but hey that ain,t enough, I need that in the next five minutes, you loser you lose

be smart, not tart,

I think my reply was both civil and appropriate. Had I been a little more childish, I would have been tempted to tell him to do something to himself. However, I'm not looking to start a fight here; I just find his berating of other posters on this board to be unappealing.


Last edited by Lornz; March 27th, 2012 at 06:22 AM.
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  #8 (permalink)
Trading for Fun
GrandRapids, Michigan
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
 
Billbb's Avatar
 
Posts: 152 since Mar 2011
Thanks: 220 given, 72 received


euroventure View Post
everybody want,s to daytrade, ie open and close a position the same day, wow pennies from heaven, well that,s the general idea, anybody who daytrades profitably are not blogging or sharing secrets with anyone else !!, so that just leaves the losers and simulators, who hope and even pray for success in daytading, the best advice based upon my experience and countless others experiences is that daytrading is for losers, that is a fact, so digest please. so how to profit !!!, take a longer time frame, a few days to enter and exit a position, based upon my own experience and again countless others experiences, this is the only way to trade and make money, of course humans are addicts, must sit at that screen all day or least part of the day, win or lose, mostly lose, but hey it,s only sim, start again tomorrow in the search for the investment system grail, please stop fantazing, you waste your time which is more precious than the money you lose lose lose and sometimes maybe win, take the longer time frame, for example the average stock moves 3% to 5% per weeek on the NYSE, but hey that ain,t enough, I need that in the next five minutes, you loser you lose, I know I was a big big loser who did not learn for a long time, I learn now and profit, sometimes I still dream about daytrading I HAve have seen the light and the $$$ in my account,


longer time frame, stocks and options, monitor the market one or two time a day especially with options, hardest thing with this style of trading is filling in the time, find other pursuits, believe me your time will be better spent and the point you shall make money, but everybody want action now, well take a flight to vegas,
as the investment $$ grow, your confidence grows as will your investments.

be smart, not tart,

I only read the response's and now I know that I do not want any part of your negitivity..

You better hurry up! You will be late for your 7-11 or gas station attendant job

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  #9 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,221 received

Moderator Note


Let's move on. No fighting or rude posts.




Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #10 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,221 received


Congratulations on your journal!



In the spirit of our March Trading Journal contest, I am asking everyone to spend a few minutes and share their journaling experience.

A) What are the top five benefits you have seen as a result of regularly posting in this journal?

B) What are the top five problem areas you have identified as a result of regularly posting in this journal?

C) Were you initially reluctant to start this trading journal? If yes, why?

D) How do you feel, overall, about your journaling experience?

E) Would you recommend to others that they should also start a trading journal?

Thank you for taking the time to answer my questions. I appreciate your posts, and I hope you have benefited from your journal. I also know that others will benefit as well, just by reading about your own experiences.

Enjoy your weekend,
Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote

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