What is Your Trading Style/system?

tlfx · #1 12-03-2008, 07:51 AM

I'm kinda new so as some of the members viewing. I know there are a lot of trading style such as swing trading, scalping, breakout strategy, trend trading, anti-trend trading and so on. So i want to know which system do you and why?

brownsfan019 · #2 12-03-2008, 01:40 PM

http://www.surinotes.com/

I recently picked up Suri's book and if you are looking for a place to start, that's a great one IMO.

tlfx · #3 12-04-2008, 05:13 AM

Thanks. What's yours? I still need to know...

learningtotrade · #4 12-05-2008, 10:24 PM

I'm more of a swing +trendline trader using candlesticks with s&r and various chart patterns.

BlowFish · #5 12-06-2008, 05:56 AM

Predominantly dressing gown (or robe as our American cousins might say). Laptop for mobility.

How about you tlfx?

tlfx · #6 12-06-2008, 07:12 AM

I've learned this trading system, it's like breakout+swing trading.The swing would last about 2-3 days. Risk reward 1:2. I like it because it's fully mechanical and the profit taking is 2 times the risk. What do you think?

Sorry i'm a newbie and my english is not too good.

BlowFish · #7 12-06-2008, 07:35 AM

If it works for you that's all that matters. It's hard to make any sort of meaningful comment without really knowing a lot more detail.

darthtrader3.0beta · #8 12-06-2008, 11:51 AM

Originally Posted by BlowFish

Predominantly dressing gown (or robe as our American cousins might say). Laptop for mobility.

How about you tlfx?

Haha, I just bought a new hat to wear while trading....I wanted one of their stock certificates to put on my wall but damn they are expensive right now.

Futures trading wise I would say I'm somewhere between a scalper and position trader...investing wise I just stick with the index or sector ETFs. Would like to eventually have a mechanical swing trading equity system.

fxlabrat · #9 01-12-2009, 07:36 AM

I'm interested in scalping. Is it a suitable trading style for a newbie? I've read that it's an advance technique but isn't it easier to catch 5 pips than 10 pips?

Hlm · #10 01-12-2009, 08:48 AM

Originally Posted by fxlabrat

I'm interested in scalping. Is it a suitable trading style for a newbie? I've read that it's an advance technique but isn't it easier to catch 5 pips than 10 pips?

It all depends on risk/reward and the percentage of success. This is where your positive expectency and potential draw down comes from.