Recent content by stuie1963

Hi Pat I was finding the major market moves happen in the first hour by then most of the companies trade sideways for most of the day . The problem is, if you see a company flying up the mm's raise the spread on the buy side so your almost £60/80 down on spread alone before you start, so your...

Thanks 0007 some good points there,i will reassess and keep everyone posted.

Thanks Tim I will give it some thought and maybe go back to buy and hold. The idea I had was to use my experience of the market to earn a small income every month, but I have realised experience in buy and hold is completely different to day trading. thanks for your support stu

Cheers John Thanks for your kind words

I Don't mind opening myself up on here and state that I have given up on my day trading adventure. The last 8 day's have seen me have a loser to winner ratio of 18/1.Thats with me using pivot points ema's and 20 years TA experience. Without trying to get all X files, the majority of my trades...

Hi Mean no:2 on your list has been my downfall this week, trying to get the large movers to reverse, got killed every time.thanks for your insight. stu

Thanks Malaguti, I just read somewhere else on here that trying to catch a trend reversal is suicide, which basically what I have been doing every day, waiting for the big movers up or down to reverse and catch the reversal trend.

Absolute rubbish week this week. Before every trade I am watching the indices the share is in, the index, i.e retail index I am using technical analysis to get my entry right. Every trade the this week the market has turned a while after I entered and moved against me. I have been stopped out a...

20 years of trading buy and hold. This Monday I start day trading with I G. due to redundancy at 51.I am looking to chat to people in my area which is kent .Good luck to all fellow traders.