Hi everyone,
After many years of sitting on the sidelines trying to figure out how to pick when a few stocks rise and fall (for day trading) and i think I have came up with a pretty good format, to pick trends, i call it hop scotch (lol). Ive picked one that I have been pretty good at picking in the past and decided Id try it with a simulator. I downloaded the best direct8 program and gave it a shot (virtually of course).
Using the simulator I have tended to follow my format and trying to act as much as i could that the money was real, with this being said I have done pretty good. Now before I throw my real money into the ring can i ask how accurate this program is? I feel that the program is biased and causing me greater returns then I normally would have had using real money. Of course this could be the years of day trading scare tactics I read about in just about every direction I look, causing me to doubt myself and the program, so I just was kinda looking for feedback.
I've been sitting around the sidelines for 10 years and im 37 and have the funds to do it and im ready to jump, and the program has givin me alot of courage, but i just need someone to tell me its how the real trading works. Heres some excels of what i have done. You can see I have panicked a few times when things got out of my curve but i have softend that response a bit lately with better results.
In all honest opinion what do you guys think. My choice for the last couple of weeks has been EUR/JPY You'll see where i took a few big losses when things were not following my pattern. I backed out wait a bit and it fell into line (then i banged my head off the table cause i coulda made a profit but i abandoned my strat when it looked like it flopped.
Sorry for the rambling.
Thank you.
After many years of sitting on the sidelines trying to figure out how to pick when a few stocks rise and fall (for day trading) and i think I have came up with a pretty good format, to pick trends, i call it hop scotch (lol). Ive picked one that I have been pretty good at picking in the past and decided Id try it with a simulator. I downloaded the best direct8 program and gave it a shot (virtually of course).
Using the simulator I have tended to follow my format and trying to act as much as i could that the money was real, with this being said I have done pretty good. Now before I throw my real money into the ring can i ask how accurate this program is? I feel that the program is biased and causing me greater returns then I normally would have had using real money. Of course this could be the years of day trading scare tactics I read about in just about every direction I look, causing me to doubt myself and the program, so I just was kinda looking for feedback.
I've been sitting around the sidelines for 10 years and im 37 and have the funds to do it and im ready to jump, and the program has givin me alot of courage, but i just need someone to tell me its how the real trading works. Heres some excels of what i have done. You can see I have panicked a few times when things got out of my curve but i have softend that response a bit lately with better results.
In all honest opinion what do you guys think. My choice for the last couple of weeks has been EUR/JPY You'll see where i took a few big losses when things were not following my pattern. I backed out wait a bit and it fell into line (then i banged my head off the table cause i coulda made a profit but i abandoned my strat when it looked like it flopped.
Sorry for the rambling.
Thank you.
