Was something wrong with the way you were trading? From what you wrote in this journal, the problem was not sticking to the system, not the...
You might find one trading day you will be pissed off again. What you do then is what matters.
I think only you can answer the question, because it depends on your style. I've been trading 2 contracts, targeting 4-5 pts on the first and 10+...
I agree with you 100%. I did it before I learned about MM. Like most beginners I only thought about entries. Not exits or position size.
I would take a statistical approach. It's always going to happen that we get stopped out of a trade that turns out to be good. The real...
Gather all the strategies together you'd like to trade. Make a list. Trade all of them on a real-time simulator for a few weeks. Note which...
Wife with cast-iron frying pan at the ready? WHACK! :D
You'll adapt and you'll kick some butt
For me it was blowing out a few accounts. :D I can identify several key turning points (and I'm always looking forward to more). These are...
On the real-time simulator, working on position sizing. With a discretionary method, it's a tough thing to back test, so i'm forward testing it....
I could also trade it looking at time and sales, or watching the tape, but I prefer to see the data. There are no secrets about trading...
Now I see, you are talking about the use of intraday chart patterns. Different from the use of intraday charts. To look at it another way, you...
So you are looking at the same data, just not a graphical representation of it. My trading brain works better visually.
Probably the other way around. He wants to read the news, buy, and watch the futures rip 20 pts in his favor, which makes db's comment all the...
or perhaps, wait until you can draw a down trendline and short the next time it touches, exit if it closes 'too far' above. for another method...
Regardless of your entry method, after you open a position the next few bars are critical. You can save some bucks by getting out before your...
If I had to short this one I would wait for the first pullback after a downtrend was established. Right now, it's still trending up, so by my...
Tripack is just saying if he shifts the origin, he can make a hammer turn into something else, for example. True. That's why you need to trade...
Please tell us so we can learn!
appears there is another OBV divergence on the 10 min NQ chart. This time price made a low equal to the last, but the obv made a higher low....
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