Another sort of noob question...
With a systematic, mechanical trading style, notwithstanding its limitations, if designed correctly you can expect a profit level within a certain range, if executed unfailingly over an appropriate timeframe.
With discretionary trading, even though the trader...
We all have our ways of determining a stock of interest
be it Fundamental or Technical.
Do you find stocks and place them in a watch-list.?
If so How do you move them in and out--why do you?
How long will you keep them?
Do you have further steps to go through before trading or
culling.
I...
One word - meditation. Just a few snippets to get you interested. The research support for meditation is overwhelmingly positive on multiple levels. The forth bullet point includes an exercise to do with a chart.
Goldman Sachs employs a woman named Elizabeth Sudler to teach meditation to...
Hi,
I was hoping the discretionary traders on the forum would share with the rest of us the process they go through when determining what stocks to buy/sell?
*What indicators do you use? Do you stick with 2 or 3 indicators for all your decisions? If so what has worked well for you?
*If...
Back in 2012 Pav mailed me with a request for help.
His trading was erratic and he was dis heartened with his results.
So we ran a few charts of his to see how I could help.
Discretionary technical trading would in my view be one of the hardest
trading methods I know of to master. Yet one...
I'm going back to do something I did a few years back which proved very useful in terms of getting the right attitude for discretionary trading. I'm in cash as far as my stock trading goes, and my system holds no positions at the moment. I'm practising my "trading" using my Betfair account...
Well thats incredible.
I cannot find 1 credible/verifyable piece of evidence in the closed thread on this topic that advances the initial argument that discretionary trading is consistantly profitable.
Wayne I dont want or expect you or ANYONE ELSE who would like to give a decent...
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