Andy are you done day trading?
I have not used more than two monitors for quite some time, however I am sure these guys will talk to you about your need if you were to start...
The 1st paragraph in my last post was a cut and copy from Old Trader...I need to learn how to post others comments in bold print like I see others...
You need to look at volatility instead. For example, on 5m charts the ATR(24) of ES is 2.07pts. I think 1x ATR as a stop-loss or profit target is...
I know it has been posted plenty on here but I have to say thanks guys. I checked in a while back on the Elite chat room and got a recommendation...
Who was it that said "I don't mind taking a loss, it's being wrong that I hate"..Was it Jess Livermore?...I have taken that to mean..you have to...
I believe it was Marc Ritchie in his excellent book "God in the Pits" Who speaks to part time or casual traders. He compares them to someone who...
The greater the expectation traders have about something happening the less tolerance they have for dissapointment. When you are in a trade...
"Trade what you see, Not what you think"
that's a very good point AA.....you can have a rev. bar in an uptrend with a higher high and a higer low. This is something that pure chart...
By definition a singe bar does not define a trend. A reverse bar can signal a scalp trade yes. But your question has too many variables, as...
Yes that is part of the "changed my trading life" ....staying in a position without "fear".....you cannot operate in fear. Let the thing grow or...
the last hour of the day the stock was just screaming). I should have taken my profits there because my sell rule came into effect. one...
I agree with Aiki that a chatroom can be a valuable thing. It is training live and while "on the Job"...what I found for myself was that after a...
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