Recent content by Nearlythere

Hi Medic, I've been trying to trade for three years (on top of a day time job) so I can identify with your frustration/confusion. What strikes me about your post are the large losses, it is vital to keep losses small, the classic advice given is never risk more than 2% of your trading capital...

Cryoplasm, Whole numbers often act as support and resistance levels. See attached an example from this afternoon, 54.00 acting as a clear resistance level. BTW I don't use technical indicators, they are normally based on the price, if the price moves up/down so do they, I think you can just use...

Richard, 15.05 strikes me as a strange entry point. why were you confident it would make the whole number? You also only watched if for a minute, how where you confident that it would not simply reverse as can often happen at the high/low of the day? I'm sure if I had seen the chart I would...

Thank you all for taking the trouble to reply. I find it quite isolating trying to make it as a trader, I no longer tell people that I am doing this because they usually just take the mickey when I tell them that I am still trying and have not made it yet, it will be good to become part of the...

No problem Richard. I have started a new thread called "So Near and Yet So Far" for those wishing to contribute, just click on the link http://www.trade2win.com/boards/us-stocks/59098-so-near-yet-so-far.html

I have been trying to day trade the Nasdaq market for about three years now, I feel about 90% there but have felt this way for a couple of years. I would be interested in hearing from other people who are in the same position as myself i.e. would be traders who feel so near and yet so far and...

I have been trying to day trade the Nasdaq market for about three years now, I feel about 90% there but have felt this way for a couple of years. I would be interested in hearing from other people who are in the same position as myself i.e. would be traders who feel so near and yet so far and...