Successful Daytraders

[Smart_trade]

hi smart trade sir,,,


you profit more than 5 years...

pls tell the important points to have continuous profit in stock market

pls list out the very important points to success!!!

money management, discipline, .. apart from this pls list the points sir.


thanks

All the points are known to everyone....no fresh points but I will summerise them as under :

1) Play a very strong defence...LOOSE LESS....but in profit, try to maximise the gains..in loss, get out fast.

2) Trade trending and sideways markets differently....make more in trends, loose less in sideways if you are a trend trader.

3) Initially traders do not give more importance to MM but as we move further, MM is very important.

4) Dont mixup timeframes and trading objectives. For example someone may be buying for position trading for next 2-3 years hold but that should not affect short term trading...he has to trade short term from a short side and not buy and hold the loosing positions.Market may turn some day but that is no reason to buy when it is trending down in short term trading.

5) Consistancy is more important than sudden flash of high profit/high risk trades.

6) Dont predict the markets...align with them.

7) Hard work and discipline is of course important. One does not need a holy grail to be successful.

All the above are known to all I am sure...

Smart_trade

 

[TraderRavi]

hi smart trade sir,,,


you profit more than 5 years...

pls tell the important points to have continuous profit in stock market

pls list out the very important points to success!!!

money management, discipline, .. apart from this pls list the points sir.


thanks

I am in profit daytrading more than last five years
love2trading, OriOle, Serious_Trader, Smart_trade, TradeJoker, vasan56


bhai, u can ask the same questions to other traders in above list

 

[TradeJoker]

I am in profit daytrading more than last five years
love2trading, OriOle, Serious_Trader, Smart_trade, TradeJoker, vasan56


bhai, u can ask the same questions to other traders in above list

He already voted in our club

 

[manishchan]

I am in profit daytrading more than last five years
love2trading, OriOle, Serious_Trader, Smart_trade, TradeJoker, vasan56


bhai, u can ask the same questions to other traders in above list

Many have voted "I'm in profit for > 5 years"... but just look at their past posts.. they hv asked very very basic questions.. agar basics clear nahi hai to 5 saal se profit kaise ??

 

[TradeJoker]

Many have voted "I'm in profit for > 5 years"... but just look at their past posts.. they hv asked very very basic questions.. agar basics clear nahi hai to 5 saal se profit kaise ??

mere paas genie hai

 

[love2trading]

I am in profit daytrading more than last five years
love2trading, OriOle, Serious_Trader, Smart_trade, TradeJoker, vasan56


bhai, u can ask the same questions to other traders in above list

SMARTTrade is great.. and all we know about his valuable previous posts in this forum.. so i asked..

thank you smart trade....

and pls tell which is best for daytrading success ratio high... SHORT or LONG.

pls which entry is very high success ratio.

Breakout failure
Breakout Pullback
or yours favourite entry..

pls answer smart trade sir.

thanks in advance

 

[Smart_trade]

SMARTTrade is great.. and all we know about his valuable previous posts in this forum.. so i asked..

thank you smart trade....

and pls tell which is best for daytrading success ratio high... SHORT or LONG.

pls which entry is very high success ratio.

Breakout failure
Breakout Pullback
or yours favourite entry..

pls answer smart trade sir.

thanks in advance

I have answered these in many of my posts already. There are 5 more members successful for more than 5 years...so let us get the answers from them we may get different perspective..

Smart_trade

 

[Somatung]

According to the above post from dear ST, others are allowed to comment on your post.

SMARTTrade is great.. and all we know about his valuable previous posts in this forum.. so i asked..

thank you smart trade....

and pls tell which is best for daytrading success ratio high... SHORT or LONG.

Kindly define the parameters for this of your question..

pls which entry is very high success ratio.

The one which fits your entry rules at most times.

Breakout failure

on the long or short side?

Breakout Pullback

How you define that?

or yours favourite entry..

Of course.

pls answer smart trade sir.

thanks in advance

Answers, comments and questions are in blue. Take care / Dan

 

[TradeJoker]

I have answered these in many of my posts already. There are 5 more members successful for more than 5 years...so let us get the answers from them we may get different perspective..

Smart_trade

i think even super mod. can't remove vote if it once done, my vote is still there,

 

[Somatung]

i think even super mod. can't remove vote if it once done, my vote is still there,

No problem.