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cbinbc

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Posts posted by cbinbc

  1. 7 Stocks to Success

    https://www.simplertrading.com/product/7-stocks-to-success-p/

     

    What Will You Learn?

    For the first time ever, Danielle is offering a FULL class as a bonus for her loyal followers. You’ve heard Danielle discuss her 3 hour per day, 4 day work week back when Leo was a baby. And now, she’s put the formula together just for you as a recorded class.

     

    Purchase the Pro or Elite Package today and get access to Danielle’s popular “7 Stocks to Success” Class. This is THE strategy that helped her become the professional trader she is today. The best part? It’s so simple you can take action right away.

     

    https://[email protected]/folder/Sf4HQYjS#BaBd4X5JWi2zUrQO3W5V4w

  2. Excellent points! I have found daytrading is really hard, and backtesting can easily mislead you...

     

    Hi TradeAlpha - good points.

     

    Daytrading can be hard if making quick decisions under stress is not your strength. Luckily, I have raised 4 kids with homeschooling, so I know what stress is about :)

     

    Regarding " backtesting", maybe I did not explain my thoughts well. Backtesting does assume that past performance will continue into the future (which is not something that can be assumed).

     

    Perhaps a better idea would be to look for a "robust" strategy (broadly tested to work for many years - such as VSA or Wyckoff or trendfollowing or ??) that is taught by a trusted, veteran, successful trader (say Chris Lori or LBR, as opposed to all the unknown, new Youtube gurus that appear every week with a new course). This personally would give me some confidence that I had an edge, even during the inevitable drawdown periods.

     

    Good luck with your trading journey!

  3. I have to agree with AdamUS - you really have to find something that makes "sense" to you and fits your personality.

     

    For example, I have a long term investment that I am very comfortable with, and don't check on it (very much set and forget)

     

    But when it comes to trading, I find it hard to do swing trading because I "want" to check on the position many times during the day. That is just my personality. So I am looking at daytrading ideas that will fit this tendency.

     

    Also, in my trading, I need to see some "proof" (backtesting or past results) that will give me confidence that the method I am following actually gives me an edge.

     

    So just like not everyone is suited to the same job or occupation, not every trading method will fit everyone either.

     

    But I am finding more about myself in this trading journey (so not a bad thing).

     

    My 2 cents worth.

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