The Final Frontier - Online Remote Trading Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Final Frontier - Online Remote Trading

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TFF who wrote ()	10/3/1997 6:10:00 PM
From: TFF	of 12617

more ancient goods! The first time I tried d/trading I got killed. This was the best kick in the pants I ever had! I realized that to be successful you had to have two things: technical analysis knowledege and a rock solid system. The first thing I did was read every Technical Analysis and day trading book I could get my hands on (a bit like going to college!). I then looked at hundreds of random charts to become familiar with identifying patterns. All of the books on day trading were basically written about futures and options. So I was still lacking knowledge of a system for day trading stocks (besides support and resistance). I bought Jeff Cooper's book "Hit and Run Trading" and tweaked a few of the strategies he describes and bingo! My bottom line has exploded! (I am in no way associated with Jeff Cooper-wish I was). A few of his recommendations go against DTO's recommendations, i.e. - liquidity, stop losses, etc. Both are correct. The system you trade has to fit your personality. If you put in the homework and maintain your confidence and discipline, you should have no problem averaging $300/$600 per day starting with 20k.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next