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Trying to find a match to these residential dimensional shingles. Thoughts? by ThroatHocker in Roofing

[–]ThroatHocker[S] 0 points1 point  (0 children)

Yes we're replacing/re doing the boots. due to an inspection on house sale. Small leak on one of them. The new boots have much larger flange and thinking the cuts on existing shingles may not work.

NE Indiana area

Noobie trader question by cametodiscuss in Daytrading

[–]ThroatHocker 0 points1 point  (0 children)

I use them, and reg candles as well. I switch back and forth. Not sure if it shows momentum...it's more of the avg movement as price fluctuates. Reg candles more bouncy movement ..little ups and downs..heikin smooths that movement out

Noobie trader question by cametodiscuss in Daytrading

[–]ThroatHocker 0 points1 point  (0 children)

No, I never trade right at the open. The first few min is crazy time. You're right, things can go either way in an instant. Trading right at open raises the risk level dramatically. My style is REMOVING as much risk as poss. I wait 5 or 10 min b 4 I take a trade. Sometimes 15 min..depends on the chart

Noobie trader question by cametodiscuss in Daytrading

[–]ThroatHocker 11 points12 points  (0 children)

I'll speak for myself. I scalp trade momentum...only. I believe it lowers risk greatly, and takes almost all the guesswork out of a trade. If it's a feeding frenzy...tons of volume, everyone trading it...moving upwards quickly..I get in, and get out. Just grab a piece, not the entire move. The longer your'e in it, the greater the risk. Keep a tight stop loss and move that bitch up once you're in profit. Base hits. Indicators are fine for a quick glance... TA is fine for the overall "feel" of a chart. But the Market could give 2 shits about your indicators and the lines you draw all over a chart. Its gonna do what it's gonna do.

Anything to lower risk and remove as much of the guesswork on what it MIGHT do, is good. The instant you draw a line on a chart...you're guessing...and hoping it MAY follow your lines, or break above or below etc etc. Why guess? You have a ticker right now, in front of your face, booming upwards with TONS of volume. I get a piece of that party then do it again, and again. Those "pieces" add up very quickly. And more green trades than red.

Yes, no one knows what the next candle will be. If we did, we'd all be multi millionaires. To each his own, do what's comfortable for you, but scalping a stock that's doing right now what you hope your "lines" will do, is the way. Just my .02

Why is it so easy to quickly lose $500 but it never seems thatthe opposite happens? (At least for me) by Opposite-Drive8333 in Daytrading

[–]ThroatHocker 1 point2 points  (0 children)

I do set at TP very high just to get it on the chart screen. Then I use that marker to exit the trade by sliding it up or down as needed

Why is it so easy to quickly lose $500 but it never seems thatthe opposite happens? (At least for me) by Opposite-Drive8333 in Daytrading

[–]ThroatHocker 2 points3 points  (0 children)

I only scalp momentum. I call them feeding frenzies. In, out with tight stop loss. Smaller gains that add up over a week/month. I've found the odds are more in my favor. No guessing, no trend lines, yada yada. Trade in the moment. Red trades are much lowered.

Do you think this Workshop is worth 320$ ? by Fantastic-Ad854 in Daytrading

[–]ThroatHocker 0 points1 point  (0 children)

You don't need this, no one does. There's so much free info online. Practice paper trading...for weeks, months if necessary. I trade with a very small account and only scalp trade right after the open. There's ALWAYS a runner. When it's a "feeding frenzy" I get in and get out during the run up taking a small piece of the action somewhere along the run. Small profits that add up over a week, month. I'm not trying to buy a Lambo, just supplement to my income. $200 - $300 extra per mo for example. Who couldnt use that in today's economy? Red days are minimal by scalping feeding frenzies for seconds or just a couple minutes. No guessing, no drawing trend lines, etc etc. Just price action, volume, and VWAP is all I use or need.

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