daytraders after market lounge 9th may 2012, page-24

  1. 43,944 Posts.
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    Howdy bazinga!

    I wish you all the best in your directions. I have a couple of LT that have hit the wall in the last week. I would have sold them but to me sometimes it is better to sit and forget them. FA they are cool but SP waise they are not.

    If it was a DT I would sell for a loss like I did for HST (last month) or ROB (yes got hit pretty hard with that one).

    So keep coming in to say gidday and keep an eye on the action.


    ewob
    If you has asked last century I could have ask a friend of mine. Or if I had not lost my CD. I would email the company ans ask for help.

    Ravgnome
    Even after 4-5years there is still more learning. But I know you know that :-)

    Gandalf
    Strategies are something you design from what is around you.
    I would put ideas down for example:

    Amount to invest
    trade loss and gain percentage
    Hours to research
    Time to invest: are you on the computer all hours
    Which markets to trade etc
    What analysis tools
    What indicators for entry and exit
    What sector and SP range (as most here are on the lower end)
    Time frame for holding stocks
    Will you only be using your money
    Is this your job
    Then you get into the finer points of TA. But I reckon keep it simple.
 
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