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April 26th, 2006 by eyal | Filed under Day Trading. |
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Mike from tradermike.net wrote an excellent, must read, post about his experience in day trading. If you read his post carefully you can gain more from it than from 90% of trading books out there. You also have to appreciate the candid, opennes of the post which is a rare thing in the trading world.
Incidentally, my results and equity curve (at 103 trades and 32R) mimic quite closely Mike’s results. It took me a while longer in terms of elapsed time though, I think, due to trading being more part time for me as well as the approx. 10 days Singapore vacation and the 9 days house move downtime.
P.S. I think Mike’s post is going to become one of the most popular day trading posts ever. I initially saw it on MaoXian and now also on Ugly Chart.
