Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Wish I had something to do with trading currently but this market just isn't good for trading. I miss it and talking shop in here.
I'm still trading daily. It's just more time consuming and doesn't leave me time to post on CD. I have reduced position sizes and have to make more scalping trades to meet my daily profitability quota. I'm in favor of violent swings, but do not care for little choppy days- I think there was one day like this, this week that I decided to not trade at all... But yes, trading these days takes a toll on mental facilities. I'm super-weary after the day is finally done.
I'm still trading daily. It's just more time consuming and doesn't leave me time to post on CD. I have reduced position sizes and have to make more scalping trades to meet my daily profitability quota. I'm in favor of violent swings, but do not care for little choppy days- I think there was one day like this, this week that I decided to not trade at all... But yes, trading these days takes a toll on mental facilities. I'm super-weary after the day is finally done.
Do you trade full-time? I'm in healthcare management so my trading system can't usually be in real time. I tend to only trade on positive momentum with buy order on moves up followed by adjusting my stops daily. Not sure how I could manage daily trading in this environment if I wasn't watching the market closely in real-time.
Do you trade full-time? I'm in healthcare management so my trading system can't usually be in real time. I tend to only trade on positive momentum with buy order on moves up followed by adjusting my stops daily. Not sure how I could manage daily trading in this environment if I wasn't watching the market closely in real-time.
Yes, I'm trading full time right now.
I rarely swing trade now, it feels too risky to me b/c it's all about the macro now and things turn on a dime, so I'm scalping although I do some overnights, depending, but not counter-trend. Yes, I am glued to my chair for every trade watching every 1/3/5 minute candlestick go by on spx/spy/qqq as well as whatever I am trading...
Trading in a bear market can be hard work but it can also be very profitable. Good luck to us both.
Last edited by herringbone; 10-09-2022 at 09:29 PM..
Do you trade full-time? I'm in healthcare management so my trading system can't usually be in real time. I tend to only trade on positive momentum with buy order on moves up followed by adjusting my stops daily. Not sure how I could manage daily trading in this environment if I wasn't watching the market closely in real-time.
Have you thought of using a trailing stop? I recommend reading Darvas's book, How I Made $2M In The Stock Market. His trading style may appeal to you!
RBLX seems to be in a reverse head 'n shoulders pattern right now, pushing through the 40-week (on the weekly chart) with increased volume two weeks in a row. It'll be interesting to see how this develops through earnings on 9 Nov.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.