Recent content by 737

That's what I believe I am beginning to understand. Managing your trade has to be the biggest part of success. Just like said above, "like a business". Now I just have to figure out the secret to that little management problem.

Thanks DB, I'll take a look. I can draw a straight line most days!

Great advice, thanks for the responses. I like using price action as well. I am currently trying to learn more on that area as well. Any advice on educational material in that area? Seems like that knowledge is mostly gained with time behind the screen. I like the idea of losses being part...

Hello all, I have been trading off and on for about 10 years. I have experimented with multiple strategies over the years. I have tried moving average crosses, Bollinger band extreme retracements (my current favorite), and using all the common indicators, MACD, Stochastics, RSI, you name it...

Hello all, I was recently talking to a friend who seems to be successful by back testing his strategies. I am having a lot of trouble developing a system. I tend to trade by just looking at price action on a few familiar stocks. I tend to win about as much as I lose. I am getting...

Hello all, I just had a problem this morning with a stop limit order that i entered last night. When I checked my account this morning the order had triggered. I put in an order for 70 shares of UTHR at 109.10 stop 109.40 limit. The order filled and the stock never traded at either at these...

I have learned that lesson the hard way as well. Thankfully not to the tune of 25K.

Thanks for the reply. I have found some helpfull info on this site already and I think I can spend quite a bit of time here. What a great video. I can honestly say that I have never had a day that bad... thank goodness. I hope I never do. Them gaps sure can hurt!

Just wanted to say Hi to everyone. I just joined this message board a couple of weeks ago to hopefully meet some knowlegable people who can help me make my trading dream a reality. I have been trading for about 4 years now and I have suffered several losses to say the least. I would like to...