gethim

each trader knows his average day. calculations much easier than you think, I think trading it’s not a mathematics. For example I know that my average day 100 $ net, and I will feel comfortable. I start to trade today from 0 and my stop loss per day 50 $ (I can lose half of average) then I gain 50 $ net my stop loss per day will be 0 $ (because I don't want to lose). if I gain 100 $ net (it's my average so from now I let myself lose only 30% it makes me be more selective) I use this for my intraday trading every day. Few will provide information and strategies for how not to lose money, but it is most important. Your broker will be very glad that you trade all day and bring him a lot of money; no one will carry about you. I think good swing it's when you get 1 $ of profit, not for 1k shares but for 10-20K. You can find it only in very clean and cheap stocks. If your entrance point will be ok, You should not lose more then 0.1 $. (It’s all as a target, you can gain 2-4$ but most important not to lose) I do not write that I do not know, for me it works best. all the other nuances are hard to explain

i agree that no indicators needed at all .

I think you can not use indicators which is using the data of the past tense

For day trading you need to calculate your average positive day, than your maximum loss per day should be 30% of your average positive day. For swing trading (2-10days), you loss/profit ratio must be 1:10. (if you are trying to make 1$ ,your risk 0.1$). For example SVA 12/10/09 my entrance 7.26 stop loss 7.35 , target 1$ or more, still there. No gaping stocks with potential movement

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that helps me personally to improve my results in trading: 1. Schedule of the day 2. Two leading journal, the first describes all my trades, the second describes my emotional state, feelings, depression, readiness to work, fears. 3. Put specific targets and goals. Encourage or limit myself, depending on the results 4. Clearly defined rules for trade 5. Trade analysis and conclusions

I have 6 years of stock trading experience, tried all strutegies that can give any profit. All my life I depended from my boss or employer, but I hated all that work . So when I learned about stock trading, I really like it. I never felt so easy and relaxed, and saw my great future in trading. That was only the beginning. Then disappointment, a lot of work, the nerves. There was a time when everything works and you earn lot, and then you lose a lot. There was no stability. I was searching everywhere for it, read many books but all was as before. Smoothly in the selection of literature, I switched to psychology, and in my trading began to notice that the stability can be provided only if there is discipline. I began to understand that this work is not for everyone Stock trading is a privilege to discipline. If you'll be a manager you'll manage the others, which is 1000 times easier than manage yourself. Self-discipline has helped me solve my problems in trading. I would like to share my story and listen to others