DrStool Posted December 19, 2022 Author Report Share Posted December 19, 2022 Well what'll it be. Stick save? Or DOOM. Link to comment Share on other sites More sharing options...
DrStool Posted December 19, 2022 Author Report Share Posted December 19, 2022 If it's not doom, there's no way I'm getting out of 16 short positions with thin profits with my wallet intact. Link to comment Share on other sites More sharing options...
DrStool Posted December 19, 2022 Author Report Share Posted December 19, 2022 My problem as a trader is that I can never decide what time frame I'm trading on. My selections are daily basis from my screens. But the intraday entry and exit points use much shorter time frames. Then the natural inclination is to start to day trade. I screw myself out of good profits because my pattern devolves into cut your profits and let your losses run. 😂😂😂 Link to comment Share on other sites More sharing options...
DrStool Posted December 19, 2022 Author Report Share Posted December 19, 2022 My P&L just had a little breakout as the market lollygags around 3800. Maybe a good sign? Link to comment Share on other sites More sharing options...
WTF Posted December 19, 2022 Report Share Posted December 19, 2022 5 minutes ago, DrStool said: If it's not doom, there's no way I'm getting out of 16 short positions with thin profits with my wallet intact. Not over yet, hit resistance at 3,810 and diving hard. Let's see if it can carry on through this time. Link to comment Share on other sites More sharing options...
DrStool Posted December 19, 2022 Author Report Share Posted December 19, 2022 Reversed. Link to comment Share on other sites More sharing options...
DrStool Posted December 19, 2022 Author Report Share Posted December 19, 2022 I put these on with the intention of holding for the long term. Link to comment Share on other sites More sharing options...
DrStool Posted December 19, 2022 Author Report Share Posted December 19, 2022 1 or 2 days at least. Link to comment Share on other sites More sharing options...
DrStool Posted December 19, 2022 Author Report Share Posted December 19, 2022 I said the same thing Friday, but I could not resist the urge to take profits at the end of the day. Link to comment Share on other sites More sharing options...
DrStool Posted December 19, 2022 Author Report Share Posted December 19, 2022 Here's some perspective on the sport level based on 5 hour bars. Gives you an idear of why they're holding here. Link to comment Share on other sites More sharing options...
DrStool Posted December 19, 2022 Author Report Share Posted December 19, 2022 Will be awesome when that line breaks. Monkee gets the shakes, Gonna be bad for all of those fakes. We will We will Rock YOU! Link to comment Share on other sites More sharing options...
DrStool Posted December 19, 2022 Author Report Share Posted December 19, 2022 Stick save it is. Link to comment Share on other sites More sharing options...
fxfox Posted December 19, 2022 Report Share Posted December 19, 2022 21 minutes ago, DrStool said: Stick save it is. Some short covering at the close. Good and healthy for the bear case. No big deal. I think more and more - although I have no proof - that the PPT is active the whole year since the downmove started in Jan. The downmove is so orderly, so textbookish. FED wants no crash, just let the air out. So far that works ok, till the final stage comes… Link to comment Share on other sites More sharing options...
fxfox Posted December 19, 2022 Report Share Posted December 19, 2022 Amazing dot bomb still has a P/E of 80? Simply amazin. Link to comment Share on other sites More sharing options...
SiP Posted December 19, 2022 Report Share Posted December 19, 2022 I prefer swing trades which last from two week to even two quarters. Day trading - you need decent amount of capital to quit your job and live based on profits from day traiding. When you are a ceo or have a decent pay in IT etc then you really need capital like 2-3mln usd to make money on day trading. Im not talking about leverage, fx. just simple stocks, etf tc. Im day trader only in panic days like in the spring of 2022 or 2020). In terms of day trading i see lots of guys who are day traders, maybe even fake traders, but they live actually from selling forecasts, trainings and books like my top ten themes for 2023. i hardly find successful day traders. Link to comment Share on other sites More sharing options...
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