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joemiami
 

Registered: Mar 2005
Posts: 245

 

12-06-08 07:05 PM

those that say longer time frame positon trading is the only way to consistently have a chance of being profitable, they lack methodology skills.

Like i said....some ppl get it...some ppl dont

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osorico
 

Registered: Nov 2004
Posts: 1862

 

12-06-08 07:08 PM


Quote from fearless9:

You are a thinking man O.
Just forget the rest of your post and focus upon this statement of yours.
It will change your view of price behaviour.

regards
f9



As you know F9, YM is my instrument of choice. Most folks who have seen me trade think I use tight stops (most of the time). 15 YM ticks or less for a stop is my "preference". Volatility has made my preference somewhat less attainable, but it didn't eliminate it! To compensate, I reduce size.

Fortunately, my methods of trade selection are not affected by volatility. The volatility (actually it is the ranges, which is not the same as the volatility) however causes the prudent (thinking) man to be firmly in control.

Osorico

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joemiami
 

Registered: Mar 2005
Posts: 245

 

12-06-08 07:09 PM

Fearless has his methodology in good working order...

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fearless9
 

Registered: Jul 2006
Posts: 2057

 

12-06-08 07:13 PM


Quote from joemiami:

those that say longer time frame positon trading is the only way to consistently have a chance of being profitable, they lack methodology skills.



IMO they are too lazy to think the puzzle through clearly, or they trade OPM or they are most likely paper tigers on this site.

Given the fractal nature of the markets and the account size at risk to position trade volume I cannot see the point.
But that is just me.

regards
f9

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FanOfFridays
 

Registered: Apr 2002
Posts: 5193

 

12-06-08 07:16 PM


Quote from fearless9:
Price waves...fractal nature of the markets


Oh boy. Here we go. Astrology next? Moon phases?

I've probably forgotten more about fractal geometry than you'll ever know. There are plenty of guys like you who throw the term 'fractal' around and think that because they understand the idea of self-similiarity, they can see it in the markets or apply it. Ever try to codify it?

Quote from osorico:
To compensate, I reduce size.

Right. Thank you.

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fearless9
 

Registered: Jul 2006
Posts: 2057

 

12-06-08 07:20 PM


Quote from osorico:

As you know F9, YM is my instrument of choice. Most folks who have seen me trade think I use tight stops (most of the time). 15 YM ticks or less for a stop is my "preference". Volatility has made my preference somewhat less attainable, but it didn't eliminate it! To compensate, I reduce size.

Fortunately, my methods of trade selection are not affected by volatility. The volatility (actually it is the ranges, which is not the same as the volatility) however causes the prudent (thinking) man to be firmly in control.

Osorico



Fair enough O, we all make decisions based on what we see.

I have changed my timing but my stops and trade size remain unchanged.

The odd outcome is my fill ratio has dropped but my entry stops have increased disproportionately.

All in all todays ES has a better session yield.

regards
f9

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