Recent content by ryan1978

Yeah thanks again guys for the great advice.I am trading with very little reading.I read the "ELECTRONIC DAY TRADERS SECRETS" FROM MARC FREIDEFERTIG/GEORGE WEST a little.(by the way what do u guys think of this book,is it outdated from like 1990's i think; is it well read by most day traders?)...

Today I have to say Ive learned my lesson on stop loss.They warned me on here to use them ,everyone uses them.I have been trading for 6 months now and never used them .Didnt know about stop loss until a few days ago when i joined here. I thought i would have the discipline to get out when i...

how do u figure out the drawdown figure.how do u tell when a stock is at a point of no return and going to trend.

What brokers are the best What brokers are the cheapest? I use sogotrade with 3.00 a trade what do u think of sogotrade?

Im thinking u can either 1-make alot of little profit trades,to match one or two big losses. or 2-U can make one or two large trades that are profit,to match alot of little losses. But it seems that almost all that post on here (except a few who everyone calls risk takers)always try to do the...

Thanks guys,I understand not using stop losses can be very profitable in the short run. So can be very attractive at first thought. But at some point one day the markets gunna get u and ur gunna blow ur acnt,just a matter of time. Thanks for all the advise it might save me an acnt or two.And...

Man,thats exactly what I do ,I want revenge on the stock with alot of emotion as well. Thanks again i have alot of learning to do.To help give me a small glimpse of how successful traders trade, can i ask how often do u guys get in a trade per day. And how much do u make per trade.Not how much...

Thanks for replying, So doubling up on bad trade is no good. I know everyone trades differently but at what price do u personally set ur stop loss at.Because as we all know a stock often comes back in to where it was.and now you took this loss with a stop loss,if you would of held ur trade would...

-What do u succeed at more ,trading Ranges or trading Trends? -Do u double up on a bad trade, at what price distance do u get out when ur wrong? -If you trade trends do u like to get in after a trend stops and is reversing, or before a trend starts.? I am new.To my newbie knowledge,there is...

I started trading 6 months ago i have always done just that in and out sometimes 60 trades in one day.At first it was so easy made a few thousand first month ,second made more got up to around 10k.Then the market changed and my in and out which i have to say was easy,stopped working .I couldnt...

when ur wrong and trade goes against u Day Trading: How do u handle a for example .60 trend that went against u. Do u hold and wait for it to come back Do u make sure u get out before it gets that bad Do u double up(get in again with same trade) Do u get out take loss and try to make it back...