>> The whole premise of this discussion .... is that daytrading, has serious risks, and isnt as openly successful as some might think by simply reading these threads. <<
Steve - I've been following the back & forth here , and it occurs to me that by now , with all the daytraders that have been at the game , one would think there is a book out there somewhere , a "tell-it-like-it-is" recounting of how tough it is , and how much you can lose , and just exactly how it happens. It might be great reading for those , like me , who are fairly new to trading and eager to learn the nitty-gritty dos and donts , beyond the standard "cut losses quickly , let the winners run" that you see everywhere.
I'm talking about an analytical book that will post-mortem trades and search for the answers both for successes and failures. One that puts it into plain English , not some abstruse mumbo-jumbo about Elliot waves, correlations among exotic and obscure indicators , etc.
Do you have any suggestions ? Does anybody? Thanks |
