daytrades dec 17 afternoon, page-161

  1. 15,338 Posts.
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    Rob

    That GBZ chart is so interesting/educational I would be the first to admit I dont apply those sort of TA risk reward analysis etc when day trading and something I am currently working on properly(learning to use Gann swings more and advanced skills etc and using advanced learning) -this video is really good for us/those that can get very complacent of what we "think" we know or can do and yes especially for those of us who tend to "make calls"

    just something I wanted to address here I guess for people that tend to be a bit lazy and buy what people say - this shows just how advanced you have to be to really to be able to day trade PROPERLY against the pros and achieve maximum profit ...it appears some of us DT know a lot more that we actually do and shows why u should never stop trying to learn and why new DT'ers should also try to learn as well on the way as just get lucky on some calls as its not an easy game .. we also work hard to increase our knowledge and try and help on the way where we can - but to be honest I am yet to see anyone discuss something like risk/reward or swing bottoms etc and it would be great to see more of that in the future (time permitting of course being we are DTing)Im hazarding a guess those that REALLY use highly advanced DT swing trading skills dont post on the DT thread all day/ever as such

    I know i used the suggestion of 20 cents but I also want to clarify i was specific saying "im not saying it will happen today or next week but at some point it should get there" (based on those grades and chart)and was specific on resistance so dont know if the finger is being pointed to me as such ..but probably not the best home in a DT arena for that sort of comment so has me mindul of what, how and where to present things in the future maybe, sometimes you have so much on the go it becomes habit to speak the mind?

    Tweets does make some valid comments which I am partial to also BUT the intraday trading activity has to be the winner in the end - ill leave it there as such as more could be said on stock activity

    I think there is a grey area in the day trading forum - personally Id love to see some actual guidelines for what is considered "day trading" or parameters on "movement" if that makes sense (volume etc) so we know we we stand with comments etc -there seems a lot of focus on stocks that are held long beyond a few days and you only have to watch the faithful of certain once loved stocks who sit on them for months then come into the thread on very random occasion and pump them when they make the slightest of movements after being dormant if not dead - to me this isnt day trading at all ?? and then it gets messy talking future profit targets (like I did i guess) but we are in a day trading environment - ST trading thread doesnt see much love beyond EXS and LYC but at the same time some stuff we pick up on here is golden (personally i cant bear the "passion" of most/many actual individual stock threads as I dont like emotionally attached trading)

    maybe over the Xmas break we can discuss day trading generally a bit more just for some healthy debate/talk - not saying what isnt broke dont fix by the way but as you know even i have been getting a bit sick of the ramps to where I want to disapear sometimes but I get too bored working alone and come back always !!...so hoping the pot didnt call the kettle black in this instance

    anyhow great video makes me glad I have my fancy new gann swing trading software with my course and might actually learn and APPLY some more parameters and discipline in the future:)
 
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