Australian (ASX) Stock Market Forum

Day traders ONLY - a continuing study

Well the fantasy artists are quite welcome to the thread.
If you feel that analysis in hindsight will reveal the road to profitability within the daytrading paradigm........more power.

jog on
d998
 
joslad said:
Couldn't agree more! Pity to see your thread hijacked in this way tech/a.

I was keen to observe a few live trades - may have even posted up a few of my own if things had gone positively "with posts within this thread". But experience has shown me that it's stressful enough daytrading, without adding to that stress by making it all public and having to then put up with the knockers and self-appointed guru's who jump in with enthusiastic glee when trades go wrong. So why bother.

Once posters start resorting to the personal attacks on others then I usually stop reading the thread. I should think most others have probably abandoned this one already by now. Damn pity!

Time for someone to take a chill pill....

Howdy Jos, actually I think you (or anyone else ) posting their live trades is a great idea (regardless of whether they are successful or not ) ......... I actually firmly believe you (I) learn far more from your unsuccessful trades than you ever learn from the "good" ones.

As for the "hindsight problem" ........... If the trade was originally made, I don't see a problem with posting it after the event so to speak ........... the lesson will still be there so long as the explanation for "why the trade was entered/exited etc etc. is included ............. so please, anyone, post your live, or past trades up so the "knowledgeable" lads around here can adjudicate on where they went wrong/hopefully right!! ...............

After all, this forum is about learning/helping isn't it???? If anyone is posting with any other motive other than to teach/help/learn, or educate, then perhaps they should question their own motives as to why they are posting in the first place????

PS I make no judgement on anyone here, because everyone is a) Different, and b) dealing with their own personal demons re life in general, so PLEASE guys,. lets cut the "personal" digs/attacks/ego satisfying posts and simply enjoy each others difference of opinion/right to disagree etc

I hope that ramble makes sense, cause this thread has great potential. All the best, Barney.
 
ducati916 said:
Well the fantasy artists are quite welcome to the thread.
If you feel that analysis in hindsight will reveal the road to profitability within the daytrading paradigm........more power.

jog on
d998

Whatever, you can't distinguish proof and description so your credibility is shot. As far as fantasy artists, coming from a burnt out day trader.......

The daytrading paradigm is different for all. I've got bigger balls than you Duc, and yes i have had something to drink.
I'll PM you in the new year baby. All the best.
Snake
 
Mr Duc

Your posts give the impression of a very domineering, combative and aggressive, personality, yet your fundamental positions II thread suggests the extreme opposite of a very passive martyr like approach. Do you actually know who you are?

It appears your battle like the rest of us is within.

Cheers
Happytrader
 
happytrader said:
It appears your battle like the rest of us is within.

Hello Happytrader,

I felt a a cold shiver run through me on reading that !

Notice how the market will find your inner flaws ;)

Bob.
 
happytrader said:
Mr Duc

Your posts give the impression of a very domineering, combative and aggressive, personality, yet your fundamental positions II thread suggests the extreme opposite of a very passive martyr like approach. Do you actually know who you are?

It appears your battle like the rest of us is within.

Cheers
Happytrader

A fundamental approach, or strategy, is an exercise amongst otherthings, in patience. With confidence in ones analysis or ability. Ignoring the short term market swings, ignoring the daytrading herds driven by price swings, and waiting for the fundamental value to establish itself.

Daytrading however is an aggressive undertaking.
You have to aggressively manage your positions, cutting losses at the earliest possible moment, hanging onto winners as long as possible, without giving too much back.

It may take 3/4 entries being whipsawed, to finally get onto a trend that gives you profit. All those lovely hindsight charts don't reveal the multiple whipsaws to enter, and hold the entry, it just shows, the oh so easy points at which you would of course have entered.

But you guys want the dream. More power.

jog on
d998
 
ducati916 said:
Daytrading however is an aggressive undertaking.
You have to aggressively manage your positions, cutting losses at the earliest possible moment, hanging onto winners as long as possible, without giving too much back.

It may take 3/4 entries being whipsawed, to finally get onto a trend that gives you profit. All those lovely hindsight charts don't reveal the multiple whipsaws to enter, and hold the entry, it just shows, the oh so easy points at which you would of course have entered.
Duc those very short (timeframe) whipsaws have always mesmerised me, they're not all natural are they ;)

I'm sure you know what I mean.

Bob.
 
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