AI
Thursday, February 06, 2025 3:07:00 PM
Sounds like a lot of day trading to me. Almost all of my money is traded from the daily charts with the goals that I posted the other day. I only made a few trades a year. Last year, SPY and QQQ both only had 4 pull backs that got my attention. Just want to protect from the big pull backs.
I do have a smaller account for my play money that I trade the 60min and 15min charts. My goal is to make 1% per week. Some months I do that, but not all months. But getting better at it. I try to trade as much as I can EOD (end of day) as I am in and out much of the day. I am always around for the open.
When you say, "try to make 1% profit every day, on equity used", that always takes me back to the guys who will post that they made 100% on an option trade. What really matters is how did it affect your account. For me, my bottom line measurement is the gain to my account.
I do have a smaller account for my play money that I trade the 60min and 15min charts. My goal is to make 1% per week. Some months I do that, but not all months. But getting better at it. I try to trade as much as I can EOD (end of day) as I am in and out much of the day. I am always around for the open.
When you say, "try to make 1% profit every day, on equity used", that always takes me back to the guys who will post that they made 100% on an option trade. What really matters is how did it affect your account. For me, my bottom line measurement is the gain to my account.
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