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2 -day high breakouts
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Old 10-02-2009, 04:58 PM
chessbase chessbase is offline
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Default 2 -day high breakouts

I trade almost exclusively 2-day-high-breakouts. Would you create a video of you making these kinds of trades, and how you manage your stop losses - especially, where you enter the stop loss order when you initiate these trades.
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Old 10-04-2009, 09:55 AM
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Ken Ken is offline
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Hi - great topic, will do. Briefly, using my new 'momentum doubler' strategy, I initiate every trade as a small-share ($200-$300 worth of stock only, eg 20 shares of a $10 stock)swing trade; hear more here:

http://www.TraderInterviews.com/free...University.php

Then rapidly scale up once it's in the money, eg has beat the entry price by at least $10-$20 net, then I double in to winning trades.

-k
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p.s. per sec/cftc/ftc regs, none of this is to be construed as trading recommendations, it's just for educational use only, so you can "peek over my shoulder" to see what I'm doing with some of my trades. See www.daytradingu.com/disclaim.htm for full disclaimer.
These pages contain excerpts of actual trades I've made; it's not a complete record of every single trade I make. Some days I'll take trading wins or losses that I do not take the time to screencap and post online; it's a partial record of some of my trades. Note that I am not making income nor profitability claims of any kind. Most traders lose regardless of what they do. The majority of my personal income comes from my training business, and though I'm a net profitable (small-share, under 5k shares per trade) trader, I make more income from my business training traders than I do in trading profits. I try to capture the best highlights of successful days so you can see practical examples of what I'm trading. There are also days in which I incur losses which are not shown. This is simply a partial record showing highlights of some of my successful trading days. No representation is being made that other traders, including customers, will be able to trade like I do. Generally expected (average/typical) trader results are that all traders incur trading losses and most do not become profitable, regardless of the training they get. Trading is a speculative, high-risk activity.
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