[Nick1984]

Swing trading is an area that I love cause thats where I started swing trading stocks. Brown is right, the bread and butter stuff you take intraday but catching a weekly move is what really pulls the cash in. If you have enough capital to fund a swing account then by all means do it.

If you miss the leverage from trading futures, maybe you should consider trading CFD's? There are some good CFD provdiers around and they will let you take a much larger position than you could using straight out equity.

Hope you stick around here though, always loved your posts. You're so good at your analysis Tin, it's a shame to see you give it up! I predict that within a year you'll crack and come back to intraday hehe.

[TinGull]

HAHA! Thanks Nick. I don't know that I'll be back to intraday trading or not, no one knows the future right I certainly won't miss the leverage. That's one of the things i hate about futures. I guess I'm one of the odd ducks that doesn't like tons of leverage.

I'll still be around for sure, especially if we can get a swing trading forum started.

[Reaver]

Originally Posted by Nick1984 »

Swing trading is an area that I love cause thats where I started swing trading stocks. Brown is right, the bread and butter stuff you take intraday but catching a weekly move is what really pulls the cash in. If you have enough capital to fund a swing account then by all means do it.

If you miss the leverage from trading futures, maybe you should consider trading CFD's? There are some good CFD provdiers around and they will let you take a much larger position than you could using straight out equity.

Hope you stick around here though, always loved your posts. You're so good at your analysis Tin, it's a shame to see you give it up! I predict that within a year you'll crack and come back to intraday hehe.

I agree...as the great Stanley Kroll said:

Let your buddies experience all the fun and excitement of scalping and daytrading the markets; in the meantime you can be thinking of what you'll name your new yacht or where your new summer home will be. Just be patient and confident that your investment approach is right. You don't have to take my word for it- the market will prove it to you in a very satisfying and profitable way.

I ALWAYS TRY TO REMEMBER THIS ONE. Stanley Kroll was also the man responsible for getting Reminisces of a Stock Operator back in print in the late 60's early 70's.....it had been long out of print and he revived it.

The guy was a legend and is one of the most influential factors in my trading.

[WHY?]

Just wondering fo any of you guys have heard of this system here?

http://www.gemsbot.com/home.html

After hearing what TinGull said...well.. it looks like this system could take some of the daily grind out of intraday trading. The developer of this trading system has open house tomm. You sign up with www.tradingrooms.com and go to his trading room tomm October 12 at 8:00 a.m. EDT. You can find the instructions on how to get setup to watch this live trading ffor free tomm. at this link below.

http://gemsbot.com/members/openhousedays.html.

Apparently, somehow he does his live trading at the other site (tradingrooms)where other systems are also tested.

He does have a video at the gemsbot.com site. Not real good quality at least on my computer but it sure sparked my interest. Enough that I signed up at the trading room site and got myself all set up with password and all to watch the live trading tomm.

Just follow the instructions above on how to sign up.

Also here are some other places where folks discuss his system.


http://www.askatrader.com/forums/showthread.php?t=144


http://www.elitetrader.com/vb/showth...hlight=gemsbot

Not sure if t2w has any thing on the system.

Sure does look it could take the "grind" out of day to day trading.

He only has these free open houses ever so often I think so if it sparks your interest I would suggest signing up tonight so as to be ready for live trading tomm.

I am gonna look at it and try to keep and open mind about it. Let me know what you guys think.

[Reaver]

Once you get going on the swing trading with PLENTY of capital beyond a shadow of a doubt and don't have to be attached to the computer all day and can drop the 9 to 5...now THAT's the freedom we dream of. I could technically quit now and go full time, but I want to take advantage of my (relatively) good income to take away the risk and stress associated with being full time with a relatively small account for a swing trader...If I quit now I'd be a walking psycho..a nervous wreck. LOL

You can go play video games, golf (if you're into that stuff), or just whatever you feel necessary....

I have modest goals. LOL

[TinGull]

Thanks for the heads up Reaver...got your email. All seems cool, I'll let it slide. And as for the swing trading....yea, thats where I want my income to come from. More so for it to give me the opportunity to volunteer where I want to and have my own studio to record local musicians. That's the big plan.

[Reaver]

No worries there man. About swing trading, what you said sounds like "The Life" you know? Spend a little time researching trades, place your orders, check in here and there....and in the meantime....RELAXATION and getting to do things worthwhile in life, like volunteering, spending time with family, etc....and the recording thing sounds awesome-my cousin owned (still does to my knowledge) a studio in Nashville and wrote a Waylon Jennings #1 hit a while back (Luckenbach Texas)...I have been into music since I was young, as my dad was a studio musician when I was young-that would rock to own a studio and be able to spend time enjoying it)