Maybe someone will be interested in reading my thoughts, ideas and notes when I first started trading on the NYSE. I wrote down notes and rules for myself and re-read them before. Read the rules every day EVERY DAY, WEEK, MONTH NET-ohm in positive territory close, Analyze yesterday's trades always Trade with 10 10 To search for and enter the current in the best options, it is imperative to use a protective stop to cut losses and give profits to grow. Increase position in the course of movement on pullbacks Trade with the trend
Wrote-wrote a long-long post about the competition… Stsuko, the light was cut off at the most crucial moment. As it turned out the uninterruptible power supply does not hold nichrome already. Drove for new batteries, Changed. I'll try to repeat the feat.
well , I was congratulated on successful registration.
Fuck I need it? I have heard more than once, that contests are evil. In parts, ass sniffing, that there is some truth in this, but I can't explain. This competition is excellently enticing. The main thing is that it lasts only a day. The truth foolishly starts in 15:00 (by MSC) and continues until 15:00 next day, the height of the eurosession has already passed, and there is still a long way to open the states. Participate, I think there will be about a thousand people. The maximum program is of course the first place. Minimum - in the twenty. Otherwise - feil.
So here, these trading days should be exemplary. Actually, every day should be like this.
Finally I will try something, what have been thinking for a long time. I will keep it only for making deals, well, look at how many lots you can open, to support the lack of free funds. I deliberately want not to look at profit, interest, Items, bucks and all that. Буду искать только точки входа\выхода. I will do the analysis of charts in another terminal. most of the time sticking into my drawings, not in position.
Despite the fact that, that I will go on all the hundredths of the shoulders, risk (stop loss) in the worst case will not exceed 4%. According to the plan 2-3%. It is approximately 5-7 points (Total!) In the worst case, the anti-profit will be 30-40%. In ludshem I will do 800%+ (: well, At least 100% i have to draw! (to get into the top twenty you need at least +200%)
You can only chop the maximum by catching the movement and squeezing it out to the fullest. (IMHO). The main problem is distinguishing trend from noise.. In the noise, you must constantly turn back and forth, and not squeeze to the last.
Usually good engines come after a long time. Segeodnya, after an unsuccessful attempt to break through to the top (and the injection 50% phoebe) very active to the lower boundary of the channel. If we break through and touch from below, there is a chance for the continuation of the powerful movement., low updates etc. we can continue marking time.
Perhaps I will divide the depot into two parts. One to catch the movements and keep, another scalp. Xs damn…
I just can't bring myself to stop catching reversals. I lose all the profit on this. Cut your hands off, I don't know how to deal with it yet. Enrages already such stupidity… We must somehow fight this…
Trader and consultant Cynthia Case (Cynthia Kase) relies on a set of technical indicators, which she independently developed for her trading signals. The case makes decisions solely on these technical indicators and does not rely at all on basic analysis.. She first got acquainted with trading in August. 1983 of the year, when the management of Standard Oil of California – company, where she worked at the time, transferred her to the trading department as part of the management training program. Having a specialty of a chemical technologist, Case brought new perspectives to the practice of trading. "In 1983 two things happened, important and interesting in oil trading, Case says.. –In 1983 year there was a contract for crude oil, and the personal computer has finally made its way into business. I persuaded them to put the computer in the room., where did the trading come from?. For a trader in the early '80s, I was very computer literate., because I had a technical background.".
The nighttime image of trades has led to, that I go to bed about six in the morning, but I wake up in the afternoon about 3. It's getting dark outside by this time. I don't see the white light (:
But today I had to get up in 8, so that in 10 be on the other side of town… As a result, I slept for about an hour or two.. You can imagine what kind of cotton wool was in my head at that moment.
And with this cotton wool I got into the terminal. As a result, climbed into the long against Asia, which opened with a confident hike down, and also averaged. In principle, I knew that it would roll back, but put the take on the minimum wage and went on business… How I came and got to the computer, looked, which closed and rejoiced. I do not advise you to repeat such a joke.
…now I woke up, at one o'clock in the morning (: Tweezers. Well, the regime.
***
Made in a week 8.7%. Yes, despite the fact that the amount is super small, psychological pressure is taking place. This is not on a demo account. 100% to have it every week.
Next time, when who – then tell you, that he can teach you the golden rules of trading, you can laugh in his face, as any other successful and experienced trader would do. Any really good trader knows, that there are no rules, related to trading. Your trading plan is closest to, which could even remotely resemble a set of rules, and you are its owner.
Do you have your own blog or website ? You write about the stock market or trading ? Then this message is for you !! The Day Trading website on NYSE offers a unique opportunity to promote yourself. All you need to go through 7 steps and get into MegaBlog. Опубликовать любой пост на своем блоге об участие в МегаБлоге, чтобы подтвердить ваши права на ресурс Написать ссылку в комментарии на этот пост Написать название вашего блога Имя автора, которое будет отоброжатся Желательно ссылку на RSS Контактные данные (can be dropped through the contact form) Agree with formal rules.
While that’s made me a table to increase the size of position. In the 2 calls. Rules: Each new purchase, it is a separate transaction Stop shifting to the whole position, but not at 1 price. Low 10C should be in the black to add more shares It is impossible to increase the position at the same price, if the action is on the spot. Improve the price you can if you accidentally got a very bad price and the stop will be no more than 5C with an increase
It is very difficult to start trading on the stock exchange and your primary task is not to lose money. I decided to outline a couple of simple but effective rules for trading in the first month on the NYSE. Position size : 100 Shares (no more) Loss limit per day : 20-25$ Risk in the deal : 10C maximum risk in a trade Number of simultaneously open positions: 1 position
