the amount of different answers given so far already underscore the paradoxical nature of the request regards daytrading

Define a successful trader in 1 sentence

Hilmy, hi - No, I would not expect this to work intraday. Whatever time frame the charts are displayed in, one needs to see at least a few weeks of data. regards daytrading

My case against a Millionaire Trader

The technical justification can be quite simple: if the price keeps going up (trend), keep buying - you can only be wrong once - when it stops going up. Same on the way down. When the market (on the way up) makes a new high, trail at 50% (or just ...

My case against a Millionaire Trader

...hahaha yeah - shame there aren't more of those around to brighten up the day

Here's a REALLY SILLY question!

hahahahahahahahaha.........this definitely one for the record, hahahahahaaaaaaa......haven't laughed so much for some time.

Here's a REALLY SILLY question!

timed exits regards daytrading

Exit Strategies...

Thanks Leon, just read it and wholeheartedly agree - I did write a longer reply but I got smacked by the website when submitting my post the whole thing went into overload and lost my message. Cannot be asked to repeat, hahaha. regards daytrading

How long did it take to become consistently profitable?

Dopey, This is one of the best posts I have read on this forum. Although slightly different in chronology and cornerstones, great similarities in life and attitude toward it. Kind regards, daytrading

How long did it take to become consistently profitable?

To make a point about attempts of automation in a market place that ultimately will not obey our rules in the long run: http://eu.wiley.com/WileyCDA/WileyTitle/productCd-0470824883,descCd-description.html (for the administrators - this is not a ...

Prove profitability without revealing trade conditions?

Leon, The reason for the saying "Past Performance Is No Indication or Guarantee For Future Results" is simple: Funds and their creators (money managers, traders etc.) know that the great majority (maybe all) methods will either lose their level of ...

Prove profitability without revealing trade conditions?

I think I have explained myself slightly wrong here. What I meant was not the difference of a specific occasion between brokers (or data providers), but the difference of each occasion when trading - regardless of brokers (even assuming they all ...

Naked S/R intent trading

Wasp, I don't like to be the fly in the ointment here but this sounds to me as the typical 'confirmation bias' employed by traders. Even Newtonian theories are nowadays believed to be only very close approximations (in contrast to the previous ...

Naked S/R intent trading

Put an MA on the same two charts and you find the same uncanny similarity....or any other indicator for that matter. Trade execution volume or tick volume is nothing more than another indicator - good if you know how to read it, bad if you're ...

Naked S/R intent trading

Since the retail trading community seems to spread like an infectious disease (excuse the analogy), it would seem an almost impossible endeavour to cure all newbies simultaneously from committing the most stupid beginners mistakes. This fact alone ...

Naked S/R intent trading

Wasp, Overall volume like in exchange traded product does not exist - Open Interest in currency futures is as close as you get to real volume. Some ECN's provide market depth with real size volume behind orders - as far as desired to show by the ...

Naked S/R intent trading

...why don't you approach it as such? The way your initial post is constructed appears like you wanted to achieve precisely what you are denying now. I guess eveyone is different somehow but if I want to know something, I take the risk of sounding ...

Naked S/R intent trading

...which you have seemingly answered already all by yourself. regards daytrading

Naked S/R intent trading

...you have opened this thread for what exactly? To let some readers know that you have made a not so new discovery somewhere else? regards daytrading

Naked S/R intent trading

Good morning Skyline, I have sent you an e-mail. Just arrived back from holidays in Rome, so apologies for the delay. regards daytrading

Hedge trading spieler system derived from futures spread trading

Thank you Ipso. regards daytrading

Systematic trading