Introduction:
I am starting this thread due to several messages I get asking me about how to trade. I find this interesting, considering I don't really post that much these days. (I guess someone thinks I know what I am doing.)
I could have called this thread something like "The only system you'll ever need", or "How I became richer than all of Outer Mongolia scalping the MXN/JPY 15 minute chart". Instead, I thought that "Silent Service" kind of sums up how I like to trade.
For those of you that do not know, the "Silent Service" refers to submariners in the Navy. They spend most of their time underwater, moving silently. In fact, silence is a major part of what makes these subs so deadly. Silence is also what keeps them alive. Plus, I have always had an affinity for people that serve in the military.
I also like to "pick my spots". Subs will sometimes follow a ship for miles waiting for that "perfect shot".
Some thoughts before I start:
As I began to trade, I just kind of "fell into it" like so many others do. I didn't even know that you could "trade money" until about 15 minutes before I started. Since then, I have tried several different types of trading, and different strategies. I have learned that you have to play to your strengths.
This thread will be about my strengths, and how I trade. This doesn't mean that you have to trade the same way. Perhaps you might think I am full of it, or more than likely, you might find a nugget in here. It doesn't mean you have to use it all....but please do not "add filters" to this method in here - it only clouds the thread.
I have learned that the key to happiness really isn't the ton of money you make in trading. In fact, the best trades I take are the ones I am not even paying attention to.
Some things to ask yourself:
Do you really enjoy staring at this stupid screen all day?
I know I don't and have found ways to avoid it.
Would you like to know where and when your trades are likely to happen days beforehand?
I have found this makes trading really, really, boring. And profitable.
Does trading add or subtract from your happiness?
For me, it's interesting. That's it. I no longer think much about how "exciting" it is at all. In fact, I rarely even mention it to others. Boring. I also haven't had a losing month since October of 2007.
What are you looking for? What's the goal for you?
Stupid answers like "I wanna get rich, man" are spoken by people I call liquidity. I want to work from home and raise my kids.....that's a simple way to define it.
Give me some time, and I will post so things to think about and ponder......
Clockwork Chris
Updated since the "Commercial" status has been enacted.
Although I am still in the Commercial Section, I am NOT charging for anything now. (Except some clients that hire me for TA) I have a section on the blog site (thetraderguy.com) that has videos and charts, etc. It is all free....
I only mention this because several people have made mention of the group and not being able to afford it. There is no private group that I charge for anymore....I just wanted everyone to know this.
Also, if $75 a month is a bit too steep - you need to question whether or not you should be risking any money at all.....just a thought. None the less - I am not taking money from anyone these days.
Chris
PS, for stock and etf scans.....check out this thread over here - InfinitySL has started posting his scan results. http://www.forexfactory.com/showthread.php?t=209106
One of the regulars on this thread, Arfer Daily, has compiled this index on the first 100 pages. I thank him for doing this! The pdf is below:
I am starting this thread due to several messages I get asking me about how to trade. I find this interesting, considering I don't really post that much these days. (I guess someone thinks I know what I am doing.)
I could have called this thread something like "The only system you'll ever need", or "How I became richer than all of Outer Mongolia scalping the MXN/JPY 15 minute chart". Instead, I thought that "Silent Service" kind of sums up how I like to trade.
For those of you that do not know, the "Silent Service" refers to submariners in the Navy. They spend most of their time underwater, moving silently. In fact, silence is a major part of what makes these subs so deadly. Silence is also what keeps them alive. Plus, I have always had an affinity for people that serve in the military.
I also like to "pick my spots". Subs will sometimes follow a ship for miles waiting for that "perfect shot".
Some thoughts before I start:
As I began to trade, I just kind of "fell into it" like so many others do. I didn't even know that you could "trade money" until about 15 minutes before I started. Since then, I have tried several different types of trading, and different strategies. I have learned that you have to play to your strengths.
This thread will be about my strengths, and how I trade. This doesn't mean that you have to trade the same way. Perhaps you might think I am full of it, or more than likely, you might find a nugget in here. It doesn't mean you have to use it all....but please do not "add filters" to this method in here - it only clouds the thread.
I have learned that the key to happiness really isn't the ton of money you make in trading. In fact, the best trades I take are the ones I am not even paying attention to.
Some things to ask yourself:
Do you really enjoy staring at this stupid screen all day?
I know I don't and have found ways to avoid it.
Would you like to know where and when your trades are likely to happen days beforehand?
I have found this makes trading really, really, boring. And profitable.
Does trading add or subtract from your happiness?
For me, it's interesting. That's it. I no longer think much about how "exciting" it is at all. In fact, I rarely even mention it to others. Boring. I also haven't had a losing month since October of 2007.
What are you looking for? What's the goal for you?
Stupid answers like "I wanna get rich, man" are spoken by people I call liquidity. I want to work from home and raise my kids.....that's a simple way to define it.
Give me some time, and I will post so things to think about and ponder......
Clockwork Chris
Updated since the "Commercial" status has been enacted.
Although I am still in the Commercial Section, I am NOT charging for anything now. (Except some clients that hire me for TA) I have a section on the blog site (thetraderguy.com) that has videos and charts, etc. It is all free....
I only mention this because several people have made mention of the group and not being able to afford it. There is no private group that I charge for anymore....I just wanted everyone to know this.
Also, if $75 a month is a bit too steep - you need to question whether or not you should be risking any money at all.....just a thought. None the less - I am not taking money from anyone these days.
Chris
PS, for stock and etf scans.....check out this thread over here - InfinitySL has started posting his scan results. http://www.forexfactory.com/showthread.php?t=209106
One of the regulars on this thread, Arfer Daily, has compiled this index on the first 100 pages. I thank him for doing this! The pdf is below:
Attached File(s)