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DayTraders After Market Lounge Monday 12th April, page-17

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67shelby

14,245 Posts.

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12/04/17

16:52

Post #: 24036309
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Originally posted by GGecko ↑

Well said and thanks for sharing. I have been there and due to work commitments am the latter in your statement "Either way I was trading too fast for STT and too slow for DT if that makes sense.". I have moved to FA+TA with a trading window of few days to weeks. I have lost much trying to DT every trade but you lose more than you gain. Everone has a different style/strategy and until you find your rhythm, trade small parcels to get into it. Now I dont use T+1 but due to a stable platform Commsec provides (IRESS), I stick to my guns and only trade with the cash in hand. DT only works with me if stock goes up about 20% in a day and I sell depending on the Momentum indicator on the charts.

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Agree with this.

Everyone is different.

I find a mix of both STT and DT works for me.

You don't have to be one or the other.

You just have to find what works for you, and stick with it.
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