700...& 600....scary if you're not prepared...
hence, big bank, small lots.
Onwards and upwards...
1
Trading Rules for die-hards... 47 replies
Trading Systems work for 6-12 mnths then die? 14 replies
5 Rules to Trade or Die By 5 replies
Trading Live Against The Beast--Gbd/Jpy--(Do Or Die)-- 3 replies
die young 8 replies
DislikedI don't know if anyone listens to the chat with traders podcast? The latest is about daytrading and has a best interviews bit. Episode 70 with Jeff Davis is worth a re-listen, talks about freq distribution and other interesting stuff that I look at (and I think Billy did too, maybe..)Ignored
DislikedHi all.... seems a bit quiet here at the mo.... I don't mind sharing a small strategy that I have been using...Set & forget, of course..... S&P 500 Daily chart When yesterday's low is higher than the previous day's low... Buy V small lot size, watch out for draw down Deep pockets are needed and big balls .. Watch this space See pic...btw my day starts at 8:30 Australia Adelaide time{image}Take profit if more than 5 pips...ie close the trade On a losing day, simply set take profit at Break even plus 2 to cover the spread & eventually...Ignored
DislikedI don't know if anyone listens to the chat with traders podcast? The latest is about daytrading and has a best interviews bit. Episode 70 with Jeff Davis is worth a re-listen, talks about freq distribution and other interesting stuff that I look at (and I think Billy did too, maybe..)Ignored
Disliked{quote} Smart. I don't think the Daily chart gets the respect it deserves. I think it has a great deal to offer. I've been spending the majority of my time on the Daily, and it's showing me some promise. Nice to see someone else working on the Daily. Good luck man, see you around.Ignored
Disliked{quote} Thanks for sharing. Really good episode. Enjoyed listening to it. Wise words that he shared about being a one man business in trading but that is true for any other business. But in trading where so many risks are involved you can’t just treat it as a month to month salary thing. That’s for sure. You also have to think about getting older or suddenly not finding your self in that good position any longer to keep performing as an discretionary trader. I would therefor agree with it, that once you found some edge in something in trading you...Ignored