Since a war just kicked off and I heard Blinken say we’re gonna supply Isreal with ammo, might wanna keep your eyes on those Defense and Ammunition companies….
I’ve been working some different intraday strategies via paper trading. Gotta tell ya, only thing I’ve had luck with is TSLA. My tools are designed for swings so my target entries / exits are way off but I’m learning to use some different indicators in my tools and it’s worked for TSLA 3 times...
The actual statistic is 90% of Traders are losing money or breaking even.
The reality is you haven’t won or lost until you’ve stopped trading. You can win it all back or give it all back at any given minute, of any given trading day. Guess that’s the exciting part. Lol
Badass!
Sounds like you’re hooked, like me.
The Markets make me smile. Bull or Bear. There’s always an opportunity and that’s what I love about it. It’s the true definition of America. 🇺🇸
Another thing that seems to get Traders in trouble, is home runs. I want Traders to hit home runs all the time, but that’s just not reality. But after a couple of em, it’s really really tough to not start breaking rules and getting cocky. And it seems like almost every time you go big...
Sorry you took that hit. That sucks. However it sounds like you’ve put it behind you and are ready to move forward. Love it.
I 1000% agree the small positions are tough when you think about the money you’re leaving on the table. What helps me is thinking back to those paper accounts I blew up...
You nailed it. Without pressure, it’s fun. I love hearing about the success stories!
It’s no different than building and running a business. It takes time and mistakes will be made and you will get slapped in the face once in awhile. Learn from it and don’t do it again. AND, just like any other...
They’re out there. All over the place. I talk to them every day.
At this point, I’m convinced every successful Trader has had their teeth kicked in and brought to their knees, atleast once.
My old man retired a few years ago and has been trading for 7 years. He consistently generates 10-20k /...
Who here is trading? What markets do you trade? How long do you hold your positions? What tools do you use? How are you doing this year?
I trade stocks. I’m a swing trader, don’t trade options and I don’t have any crazy strategy. I buy low and sell high. Try to keep it as simple as possible...
That’s what’s changed for me. Gotta Wife and 2 kids now.
But it’s still very tempting. I moved to FL a couple years ago and these highways are just beggin’ for a 200mph pull. I cruise Craigslist every once in awhile, see if there’s anything out there I could turn into a GPS verified 200mph...
And to a lot of your points, I don’t and won’t own one of these things anymore because I personally do not have the discipline to not ride like that. These things are getting so fast, they hit 189 without even breathing hard. So might as well let her eat, that what I paid for…
My favorite part...