Recent content by typhoon1983

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    My new strategy: Entry, Exit, Position Sizing

    Thanks for all the feedback ya'll. I'll consider all your inputs. Neo, It's funny you should mention Toni Turner's "A beginners guide to day trading online." I went to a used book store looking for Steve Nison's books and left with this instead not knowing what it was. I actually posted...
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    My new strategy: Entry, Exit, Position Sizing

    Pedro, Ok sensei, before I run my revised strategy by you, just want to make one thing clear. A daily chart is 1 candlestick = 1 day? So if I have a months chart on there, I could set intervals to daily and that would be a daily chart with like 20 trading days right? That was what I meant...
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    My new strategy: Entry, Exit, Position Sizing

    Pedro, Thanks for your input. I'll probably end up taking some of your advice. Just a few questions though... 1. What do you mean by last swing low? Is it just yesterday's low or the last downtrend's low? 2. For "risk per trade"... is that dollar amount? Would I just see what 1% or 2%...
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    My new strategy: Entry, Exit, Position Sizing

    This is my first post on T2W and I'm also a beginner trader. I am not able to short sell because my account has only 20,000 and TDAmeritrade won't let me short, daytrade, or trade options until I have margin... which will be when I have 25,000 in my account. So here's my strategy with what I...
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