Winners:Losers

[Dowser]

Hi all newbie here, Im trying to learn to day trade the DOW, been at it a couple of years and I'm making some headway. I'm interested to know how more experienced traders approach day trading indices. Particularly in relation to Risk/Return and also how many winners you generally get from your total trades. I use a 10 point stop and have a target of 50 points. I'd like as many winners as losers but have some way to go. I reckon the Dow presents 3 to 7 signals a day on a 15 minute chart that can lead to a 50 point move.

 

[joseph1986]

pfizer and coach should help

 

[dbphoenix]

Hi all newbie here, Im trying to learn to day trade the DOW, been at it a couple of years and I'm making some headway. I'm interested to know how more experienced traders approach day trading indices. Particularly in relation to Risk/Return and also how many winners you generally get from your total trades. I use a 10 point stop and have a target of 50 points. I'd like as many winners as losers but have some way to go. I reckon the Dow presents 3 to 7 signals a day on a 15 minute chart that can lead to a 50 point move.

Developing A Plan

P.S. That you know how to spell "losers" is a giant plus.