|
PureBytes Links
Trading Reference Links
|
Trading big does not mean making money big, it means big P&L swings, and
your equity better withstand these.
Ideally, it is best to start learning how to trade correctly with small
size, and have the accouint grow because it is profitable, not because
you want it to be big. Technical trading or not, tape reading or not...
Also "big", is big to you, because you trade smaller, but it is very
small to others, who happen to have larger accounts.
Don't look at size, design a healthy plan and look at how well you
execute it: Size will come as a result of your correct approach.
Gwenn
Neal Hughes a écrit:
> Hello RealTraders,
>
> Do any members on this list routinely trade 50,000 shares a
> day?
>
> That's frenetic! (For me anyway.)
>
> I was exposed to a refreshing look at a completely different
> style of trading this week-end.
>
> I was at a Bright Trading (hosted by Investor Awareness
> http://www.investoraware.com/ ) seminar
> this week-end. I was there with Joe DiNapoli to talk
> about using the Internet for trading research, and
> Fibonacci techniques.
>
> What struck me is that many attendee's never look at a
> price chart! Never! A moving average is a complicated concept
> to many attendees!
>
> It appears that the successful traders who trade
> such high volume at Bright Trading are very good at tape-reading
> without a chart. They are able to execute a high volume of trades
> based on their confidence of a price-move without a
> larger time-frame perspective. Very impressive (but not for me).
>
> I'm interested to know if any/many Technical Analysis traders
> trade such high volumes. Anyone on this list? There are
> financial incentives to trade such high volumes at Bright.
>
> Bright Trading looks like a trader dream, they provide
> DOT machines for fast execution and very fast quote
> service, and you trade their money (up to $1,000,000
> with your $25,000 deposit).
>
> Any Bright Traders on this list? I'd be interested to
> hear your experiences, discuss your techniques etc.
>
> -Neal.
|