NexusFi: Find Your Edge


Home Menu

 





Trend following and Day Trading.


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one DavidHP with 2 posts (6 thanks)
    2. looks_two Quick Summary with 1 posts (0 thanks)
    3. looks_3 rlstreet with 1 posts (2 thanks)
    4. looks_4 xplorer with 1 posts (1 thanks)
      Best Posters
    1. looks_one DavidHP with 3 thanks per post
    2. looks_two TheShrike with 3 thanks per post
    3. looks_3 RDK91 with 3 thanks per post
    4. looks_4 rlstreet with 2 thanks per post
    1. trending_up 2,748 views
    2. thumb_up 16 thanks given
    3. group 5 followers
    1. forum 8 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
Mwenga
Nairobi, Kenya
 
Posts: 18 since Mar 2018
Thanks Given: 13
Thanks Received: 26

Is Day trading using a Trend following strategy profitable?


Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Ninjatrader users - good CONNECTIONs post and article fr …
NinjaTrader
No book, only a stair: journaling fills where price move …
Cryptocurrency
Warsh Drops Easing Bias, December Hike Now Above 50% -- …
Prediction Markets & Event Contracts
Trump Media to sell instant access to market-moving soci …
Traders Hideout
Netherlands & Germany Surge as World Cup Field Narro …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Want your NinjaTrader indicator created, free?
5 thanks
FootPrintV2 Chart for NT8
1 thanks
BERN ALGOS algo trading journal
1 thanks
Diary of a simple price action trader
1 thanks
Afternoon-close session
1 thanks
  #3 (permalink)
 RDK91 
Antwerp
 
Posts: 455 since Jun 2016



Mwenga View Post
Is Day trading using a Trend following strategy profitable?

Depends on the strategy and the guy trading the strategy ..


Reply With Quote
  #4 (permalink)
 
DavidHP's Avatar
 DavidHP 
Isla Mujeres, MX
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Broker: Ninjatrader / Optimus Futures / AmpFutures
Trading: NQ / ES / 6E / 6B / CL
Frequency: Every few days
Duration: Minutes
Posts: 1,825 since Aug 2009
Thanks Given: 11,784
Thanks Received: 3,051


Mwenga View Post
Is Day trading using a Trend following strategy profitable?

It would probably be best for you to show how you trade and ask for suggestions to improve.
Or check out some of the webinars and journals from traders here.

Many types of trading can be profitable.
The answer to your questions is yes and no.
But it could also be MAYBE.


Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
Follow me on X Reply With Quote
Thanked by:
  #5 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 6,321 since Sep 2015
Thanks Given: 16,011
Thanks Received: 16,237


Mwenga View Post
Is Day trading using a Trend following strategy profitable?

When you say Day Trading, I think you mean opening and closing a trade within the same day.

Do you also mean trading a trend following strategy every day?


Reply With Quote
Thanked by:
  #6 (permalink)
 
DavidHP's Avatar
 DavidHP 
Isla Mujeres, MX
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Broker: Ninjatrader / Optimus Futures / AmpFutures
Trading: NQ / ES / 6E / 6B / CL
Frequency: Every few days
Duration: Minutes
Posts: 1,825 since Aug 2009
Thanks Given: 11,784
Thanks Received: 3,051

I saw an article in Stocks and Commodities Mag in October about 'Trend is your Friend'
Perhaps that will answer your questions since you have not given much information about what you seek.

STOCKS & COMMODITIES
Article Oct. 2018
The Trend Is Your Friend
BY: Bruce Ross
SUBJECT: Chart Patterns


Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
Follow me on X Reply With Quote
Thanked by:
  #7 (permalink)
 
TheShrike's Avatar
 TheShrike 
Bridgeport, Ct
Hi Mom!
 
Experience: None
Broker: Tasty
Trading: Fops
Posts: 533 since Jun 2012
Thanks Given: 1,588
Thanks Received: 923


Mwenga View Post
Is Day trading using a Trend following strategy profitable?

Yes


Reply With Quote
Thanked by:
  #8 (permalink)
 
rlstreet's Avatar
 rlstreet 
Arnhem, The Netherlands
 
Experience: Intermediate
Platform: NinjaTrader, Zorro
Broker: RCG/Continuum, IB, Oanda
Trading: Futures: FDAX, GC, ES, CL also: FX, CFD, ETF
Posts: 80 since Aug 2012
Thanks Given: 47
Thanks Received: 86

Depends on strategy, instrument, timeframe /experience. Trend strategy plenty out there, experience you have to gain it, preferably first in demo until you master it. Instrument and timeframe you can do research which seasonalities when trend is best

Sent using the NexusFi mobile app


Reply With Quote
Thanked by:
  #9 (permalink)
 
bobwest's Avatar
 bobwest 
Western Florida
Site Moderator
 
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Frequency: Several times daily
Duration: Minutes
Posts: 8,175 since Jan 2013
Thanks Given: 58,026
Thanks Received: 26,426


Mwenga View Post
Is Day trading using a Trend following strategy profitable?

Sure. But trends happen, and end, much more quickly on an intraday basis.

So the actual issue is much more your own preferred time horizon, and your willingness to move quickly, than it is the particular type of strategy you use. Anything that works on a longer timeframe can be scaled down to a shorter one, but everything will move much more quickly, and so will your profit and loss. The greater issue with shorter-term trading is whether you can manage your own responses to rapid price movement, and this will apply to any trading method.

Bob.


Reply With Quote




Last Updated on November 23, 2018


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts