Recent content by 3wnl

  1. 3

    More than 1 trade at a time

    Not condescending at all ! The attitude is the main cause of your loss. Not a surprise you're much stupider than you appear to be. Good luck with your remaining funds.
  2. 3

    More than 1 trade at a time

    It's possible, but isn't always profitable. The optimal result of doing this in a downtrend is having a lower cost/share. In an uptrend, doing so will shrink your profit as you keep paying huge amount of commissions to your broker. Besides, it isn't easy to spot support/resistance in a daily...
  3. 3

    What is the best way to cut reduce short term whipsaw trades?

    5 minute bar isn't the same as 30 minute, 1h or daily bar just by looking at candle charts, so I don't know which type of chart is mentioned in the post. But if you want to make money consistently, the best way is definitely not trading at such a fast pace, i.e. using 5-6 bars, this will only...
  4. 3

    Can I trade mostly based on technical analysis?

    Not a forex trader. I only trade stocks, because it's easy and has the fewest risks. People tend to believe they can use a small amount of money to make a fortune, and this is how forex brokers use to lure customers. However, it's quite impossible simply due to the nature of price movements in...
  5. 3

    DUMB penny stock question. (sorry)

    "why don't most people just stay in that trade till it goes back up? " Because they want to make money fast, like Timothy S, who made a fortune buying/selling penny stocks in a short period of time. "Is there like a time limit for how long you can hold a trade?" No, as long as you buy it with...
  6. 3

    HELP! Why wont this work?

    Resistance and support levels are interchangeable, that is, once a support level breaks it will become resistance. You never know if there will be any resistance levels in a bad day, there are actually few people who can manage emotions perfectly when seeing huge price drops. Google herd theory...
  7. 3

    Trader Workstation (IB) HELPPP

    The help section pretty much explains everything in their platform except technical and fundamentals, which you need to learn from other sources. Try to rephrase your query and be more specific, e.g. if you are looking for explanations just type the word you see on tws in the search box, instead...
  8. 3

    Varying performance with different intraday datasets

    "Same live data", then it is impossible that one is unrealistic, as stated in the first post. Your statements contradict each other. You should contact the two brokers to confirm this. I don't see the point of comparing two same dataset in your analysis. Are you trying to find which broker is...
  9. 3

    Varying performance with different intraday datasets

    Free data feeds are delayed. Be sure to match each open/close with the exact time interval when backtesting, because prices showing in 10-10:05 probably take place 20 mins earlier. The two brokers may have different time delay (Alpari seems to have real time data) and that's why you got...
  10. 3

    Stop loss and averaging down

    Did you only do one-way averaging down? I mean just buying at a lower price than your entry and wishing it will go up later? That's not the way institutions/funds do it. They average down and then resell the shares they've just bought at a price that is a bit above their latest entry, 1%-3%...
  11. 3

    Made a living

    Win big, lose small. Picking up 2-3 stocks to go long, then you can spend the rest of money doing swing trading or day trading. It's not that hard. The only hard thing in real trading is to accept losses, in my opinion. People are different, so what helps you making money may not be working for...
  12. 3

    Sticky Introduce Yourself

    Hello, I'm here to learn from everyone. Wish you all have doubled cash by the end of the day:)
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