Sticky Introduce Yourself

[Lemstaboy]

I was away from T2W for a decade or more and missed the story of what happened here. It now looks like a post-apocalyptic landscape in which a few people have survived but much has been destroyed by summat I missed? Anyway.. I am UK-based, in my late 70s, trading at random moments between 7am and 9pm on weekdays. Mainly UK stocks, a few US stocks. Daytrader mostly but some positions held or adjusted over a week, a month or two. I trade via spreadbets, upwards and downwards, (via Spreadex and IG) giving me a fivefold leverage. I do also have a few longer term shareholdings. In the past I went very heavily into studying the full range of indicators - but I don't use any at all now - I just look for charts that catch my eye and check out company news affecting them. I don't trade or follow indices, I ignore them. Ditto crypto. I avoid exploration stocks (oil/minerals/etc).To the sophisticated trader I'm sure my methodology will look ridiculously sloppy, with imprecise timings and wide (2%-5%) bid/offer spreads. I don't care - I do what works for me. A very laid back low stress approach. For 15 years (age 50-65) I made a living doing this for a couple of hours a day from home, but focussed on other aspects of life once my pension kicked in. But I enjoyed trading so I am back doing it, and making good gains from it, in between assorted creative activities. One particular area that works for me is betting downward on early morning spikes in which the price rise looks excessive in relation to the news that triggered it. I've detailed how that works, with examples, in a forum post.

 

[rmarti10]

This is a thread in the New to Trade2Win forum which provides everyone with an opportunity - both old members and new - to introduce themselves to the community.

If you're a new member, or maybe just a lurker who hasn't yet taken the plunge, then this is as good a place as any to start. Tell us a bit about yourself, perhaps your trading history and interests, and what you hope to gain from the site.

:!: If you have any simple questions related to trading, then please refrain from asking them in this thread and instead use the New to Trading forum, which is targeted specifically at newbies taking their first steps.

I’m Ricky Martin I have been in the stock market for a while doing ok at that .I am interested in day trading to not only supplement my income but switch to day trading for a living as of right now I own a successful contracting business and I would like to gain more knowledge about day trading