Recent content by gododdin

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    Touch, pause, engage!

    Thanks Jay - some good advice there! You're right in saying that my preference for EOD trading was based on work committments etc, but it was also pointed out to me by someone else that it is quite possible to trade hourly charts and work full time. You're right also about my desire to see...
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    Touch, pause, engage!

    Since Jay suggested I should post some personal profile stuff to enable a possible assessment of what I should trade, I've decided to give it a go. I don't want to make it too personal - rightly or wrongly I'm a little nervous of someone using it for identity theft or something nasty like that...
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    Touch, pause, engage!

    We were invited out to dinner last night and in the course of a very pleasant evening the conversation came around to trading. The host was telling me, 'Trading - don't touch it with a barge pole! You will lose all your money!" I tried to tell him that I was approaching it very cautiously and...
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    Touch, pause, engage!

    Wow! Many thanks Jay, MP, R2R & Chorlton - I have some homework to do!
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    Touch, pause, engage!

    Hi timsk - yes I see now the difference between using the indicator as a buy/sell indicator tool and using it as a risk management tool.
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    Touch, pause, engage!

    I wonder if you'd mind expanding on this a bit? I think I've grasped the rest of it, but I don't really understand what you mean by the 'specifics of the exit condition'. Thanks, G
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    Touch, pause, engage!

    Thanks both Chorlton & Timsk - I still have much to learn on this journey! So if I've got this right - if the risk percentage is determined by where you place your stop, and that in turn is decided by the volatility of the stock, then in the early days of trading when equity is limited there...
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    Touch, pause, engage!

    Thanks Jason T - whilst lying flat on my back I've had quite a lot of time to think about my motivations, social and academic talents etc. Now that I'm back I'll try to throw something coherent together (that isn't TOO personal!) in the next day or so.
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    Touch, pause, engage!

    Been off sick for a while, but now I'm back, normal navel-gazing will resume as soon as possible... :)
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    Spanish89's Daily Trading Journal...!! :cheesy::cheesy::cheesy:

    If it walks like a duck and quacks like a duck, it's usually safe to assume that it IS a duck...
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    Spanish89's Daily Trading Journal...!! :cheesy::cheesy::cheesy:

    Ebay scams? At the risk of unjustifiably taking the moral high ground here, It all sounds pretty reprehensible to me.
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    Touch, pause, engage!

    Sorry Tim, I was referring to DBPs post of course...
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    Touch, pause, engage!

    Accepted, and I have no desire to be a 'sucker' ;). So given that I know pretty much nothing about any of them, it seems to me that the best way forward might be to choose ONE index like the FTSE100 index or ONE currency pair - perhaps EUR/USD, and trade it using my (developing) system until I...
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    Touch, pause, engage!

    I'm curious as to why no one wants to make any recommendations about what to trade. If someone could point me to a link on the web (I have been searching without success) which has something like: What should you trade? Stocks - Advantages/Disadvantages/Kind of person you need to be to trade...
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    Touch, pause, engage!

    Okay, I had a think. Best I could come up with today was - maybe what you're saying is that each group of traders has different behaviour patterns or differ in the ways that they trade, and that I should decide which group is the best fit for me, and use that as a basis for deciding if I should...
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