Comments on: Back to the Basics http://www.wilytrader.com/back-to-the-basics/ One analyst's blog offering investment analysis and trading tips Tue, 24 Jan 2012 01:43:16 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Jason http://www.wilytrader.com/back-to-the-basics/comment-page-1/#comment-2327 Jason Tue, 22 Aug 2006 12:40:09 +0000 http://www.wilytrader.com/back-to-the-basics/#comment-2327 Mike, I think the main thing that forced me to scale back on the scalps was my inexperience with scalping. For the past year I have been purely a trend trader, only in the past I focused on looking accross multiple securities for the best trend setups and going with them. Now that I am focusing almost exclusively on the ER2, there just can only be but so many quality trend plays in a given day. And I was trying to make 10+/day where I used to only make 1-4 per day when my focus was on scalping. Therefore, I need to keep that same discretion in hand when trend trading and work on improving my scalping abilities. Once this transformation is complete, then I will be able rightfully call myself a complete trader. Mike,

I think the main thing that forced me to scale back on the scalps was my inexperience with scalping. For the past year I have been purely a trend trader, only in the past I focused on looking accross multiple securities for the best trend setups and going with them.

Now that I am focusing almost exclusively on the ER2, there just can only be but so many quality trend plays in a given day. And I was trying to make 10+/day where I used to only make 1-4 per day when my focus was on scalping.

Therefore, I need to keep that same discretion in hand when trend trading and work on improving my scalping abilities. Once this transformation is complete, then I will be able rightfully call myself a complete trader.

]]> By: Michael http://www.wilytrader.com/back-to-the-basics/comment-page-1/#comment-2213 Michael Fri, 18 Aug 2006 04:49:32 +0000 http://www.wilytrader.com/back-to-the-basics/#comment-2213 Were you trying to trend trade in a choppy market? Was the market trending earlier, when you decided to scale back on the scalps? Were you trying to trend trade in a choppy market? Was the market trending earlier, when you decided to scale back on the scalps?

]]> By: Tradergav.com - Gav’s Better trading blog » Postmortem 17-August-2006 http://www.wilytrader.com/back-to-the-basics/comment-page-1/#comment-2211 Tradergav.com - Gav’s Better trading blog » Postmortem 17-August-2006 Fri, 18 Aug 2006 01:48:54 +0000 http://www.wilytrader.com/back-to-the-basics/#comment-2211 [...] You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.                              Leave a Reply [...] [...] You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.                              Leave a Reply [...]

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