Hello every one !
ME
My name is Camilo and as you might guess I'm not a USA citizen.
My native language is spanish so forgive me if you see any written mistake. (if it's terrible please let my know)
I have been studying for the last 10 months and real trading the last 2 months.
I actually left my job 3 months ago to become a professional trader (i'm not, yet).
All the trades that I've posted are real and the following will be too. I don't verify because I don't like the idea of giving my account and password to anybody. So if you think it's fake, it's ok, I can live with that.
ACCOUNT
As I'm not from a "first world country" I'm not allowed to use margin so that means 3 things:
1. I can only take long positions.
2. Every time I sell a position I have to wait 3 b-days to recover that buying power.
3. The 3 daytrades limit rule for small accounts doesn't apply to me.
TRADING STYLE
I'm following several daytraders guru's including Timothy Sykes and Ross Cameron to learn and improve my strategy.
I only buy my own picks, never get into a trade without analyzing it before.
I like the momentum strategy and mainly buy Breakouts, Pull backs on volume and Morning spikers with news, I do respect a lot past support and resistance numbers as well as round numbers.
I also like a lot to see price action combined with volume action before and during a trade.
I don't play overnights swings because I still don't have any strategy to do so, and I also try not to do scalp trading but I'm still working on that.
I use Trade Ideas as my scanner - alert tool.
I have muy own rules. Timothy's 1st is my 1st too, "Cut losses quickly".
I like to read and learn about others peformance and mistakes, so I do the same for others.
Bienvenido ! I'm new too, papertrading for know until I feel ready to go. I'm pumped, I've already learned so much in a few days.
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