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Registered User Joined: 9/23/2006 Posts: 6
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What training is available for daytraders.. I am really struggling and in this market I should be making money but I seem to enter to late and exit too early.
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Worden Trainer
Joined: 10/1/2004 Posts: 18,819
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Worden does not train people on how to trade. I will move this to the Market Talk forum so others can share their thoughts on exit strategies.
- Craig Here to Help!
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Registered User Joined: 12/8/2004 Posts: 213
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So you want to become a day trader. I hope that you are in good shape physically and emotionally, because you won't be for long.
There are a number of books and some magazines that one can buy that talk about day trading. Of course all of these day traders professs to be making lots of dough.
It could be, but my advise is to forget it, unless you don't mind losing your nestegg.
Good luck
<:o)
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Registered User Joined: 11/1/2005 Posts: 240
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Jea Yu and Russell Lockhart have a couple of books I like. look up Bright tradeing their introduction class was good, I havn't followed through with the complete training. If you want to Day trade don't be discourged, some days are sit and watch days. the macd, ema's etc... have to be used till you can anticipate the action.
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Registered User Joined: 2/27/2005 Posts: 8
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QUOTE (cpoteet) What training is available for daytraders.. I am really struggling and in this market I should be making money but I seem to enter to late and exit too early.
Go in TC Chat and enroll in the Botoomspringers club they have excellent picks and they also follow a very good methodology. They also offer training. Check it out tell them that Coltrader send you.
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Registered User Joined: 2/27/2005 Posts: 8
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QUOTE (dmj26) QUOTE (cpoteet) What training is available for daytraders.. I am really struggling and in this market I should be making money but I seem to enter to late and exit too early. Go in TC Chat and enroll in the Botoomspringers club they have excellent picks and they also follow a very good methodology. They also offer training. Check it out tell them that Coltrader send you.
You might find some Day trading opportunities but also a lot of long term opportunities.
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Registered User Joined: 2/1/2006 Posts: 3
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i think that the reson most day traders lose money is that they are trying to trade the wrong stocks. you need somewthing with range and movement, ....not microsoft as alot of people advertise. dont get me wrong, alot of people trade microsoft and other large caps but they are putting alot more money into tem than most have got.
there are other ways...........i do it almost everyday
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Registered User Joined: 1/28/2005 Posts: 6,049
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I agree with traderjoe200.
People blame their indicators . When they are trading stocks with no price movement.
thanks diceman
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Registered User Joined: 11/1/2005 Posts: 240
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QUOTE (dmj26) QUOTE (cpoteet) What training is available for daytraders.. I am really struggling and in this market I should be making money but I seem to enter to late and exit too early. Go in TC Chat and enroll in the Botoomspringers club they have excellent picks and they also follow a very good methodology. They also offer training. Check it out tell them that Coltrader send you.
I'm taking you up on this soon, it would be interesting to see how others find their stocks and their thoughts on bottom springers.
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