Recent content by NeilBower

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    Converting Indicator from TradeStation to Sierra Charts?

    I've been looking at this TradeStation Pivot Points indicator which has a function that allows you to specify another indicator (eg an MA) and it will highlight when the two are both providing support and resistance together (which they call "confluence" in the article). At the minute I do...
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    Day trading the stock market with a full time job? ...or Swing trade? Please help!

    My personal experience was to start out daytrading, where I lost very small amounts of money very consistently. This was partly due to poor methodology, but also because it is very difficult to overcome fixed costs like commission and spread. I then began dabbling in swing trading and started...
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    Understanding the risks related to leverage

    Malaspina has already provided a detailed answer to your question. Just note, however, that margin in stocks and forex is different to in futures and options. Because these are just contracts based on the future price of the underlying, you don't actually own anything. This means that you don't...
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    How much capital do you need to trade full time?

    I recall a good post on the old traderfeed blog about this topic, which gave a full length explanation using an example of returns from a trading strategy and the leverage that could be obtained through a prop firm. Not sure whether I'm allowed to post links here as a new member, but the post...
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    Should i try day trading?

    Hello, I'd say start looking at futures rather than stocks, as the regulations and margin requirements around futures are far more relaxed. They're also leveraged, which makes it easier to turn a profit (although also easier to return a loss!). Predicting what prices are going to do intra-day...
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