Np you too I worked at a specific day trading firm in the NY and...

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kates9999

15,334 Posts.

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09/12/16

17:00

Post #: 21235802
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Originally posted by abn2609 ↑

Cheers Kate!

That's exactly what I'm looking for - the chat room experience.
I've gathered that they're hugely popular in Japan, a market that is dominated by day traders (famously BNF, CIS etc) that to ignore them would be foolish, they control so much of the turnover that instos look at them when making decisions in the way that we look at instos...
A shame they don't exist for the aussie market! But imagine a forum did exist here, the daily views, hits, revenue would seriously walk all over HC...one can only dream...

And u hit the nail on the head, I'm day trading news and closing same day easily (sometimes next minute like FBR today...)
And I'm also trading the levels like you mentioned in the same way, but even these trades I feel I need to hold overnight to get my money's worth...might make 1R if I close today, but incredibly likely to continue and make 3R or more tomorrow...etc, so I hold more often than close same day...not my idea of minimising overnight risk!

Have a good weekend

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Np you too

I worked at a specific day trading firm in the NY and they had a chat room across us calling the live trades so I know what you mean ...try @tradersedge Alan (or try @alanmcg) he is one of the better people i know of here who trade like that (not that the same model here exists like that) but he might point you in the right direction here

Cheers

Last edited by kates9999: 09/12/16
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