tech/a
No Ordinary Duck
- Joined
- 14 October 2004
- Posts
- 20,417
- Reactions
- 6,356
T/H posed the hypothesis that he doubted that you could trade one instrument ( Stock ) and make a consistent profit.
I agree I think you need to be able to trade long and short.
I also think that your method of trading needs to alter considerably
in choppy and flat markets.
Bull markets allow almost any trading method or plan to work consistently.
But in today's markets you need ability to trade long and short, high win rate and size.
In my view.
There is also a HUGE risk in concentrating on just 1 stock. They very often change character and just go to sleep for years. So the chances are you could have a year of making money, decide to step it up and run right into a change in the way AUT move. End up just wasting more time.
Most pros I know who concentrate on one instrument do it with futs or fx. Seems like a crazy business decision to do that with 1 stock.
I agree I think you need to be able to trade long and short.
I also think that your method of trading needs to alter considerably
in choppy and flat markets.
Bull markets allow almost any trading method or plan to work consistently.
But in today's markets you need ability to trade long and short, high win rate and size.
In my view.