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cmc

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  1. cmc

    Need Advice

    Thank you for the supportive responses. I've been trading index ETF's like QID, DXD. I've been looking for patterns on the ticks but my timing is wrong. It's like a guessing game and I keep guessing wrong. By the way, forgive my ignorance but what is ES, NQ and YM? cmc
  2. cmc

    Need Advice

    Thanks for the quick replies guys. That's very supportive. I've been trading index etf's: DIA, DXD, QID, SDS. I've been scalping I guess, trying to pick up a few ticks, like 10+. I've been trading 5-10 times a day, less if I'm on a bad run. I haven't been relying on any indicators, just looking for patterns in the ticks. I'm interested in commodities but I think I need to gain some confidence as a trader before I try new markets. I've been a buy and holder for years but not anymore. That's a quick description of what I've been trading. Hopefully, that gives you some picture of where I'm at. cmc
  3. cmc

    Need Advice

    I'm a newbie here and I want to say I appreciate the spirit here. This seems like a straight up site with some very knowledgeable posters. I'm new to day trading and I'm getting body slammed and whipsawed in all different directions. If I zig, the market zags. What I don't know can fill volumes. But for a starting point, I'd like some advice on the platform I'm using which is Scottrader Elite. Altho it's real time, I don't believe it has the capability of adding analysis to the movement. Anyway, does anybody else use this? I'd appreciate any feedback or advice. Thanks and trade on. cmc:confused:
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