There are no magic bullets, only edges and proper behavior.
Yeah, you don't want someone rationalizing a bad trade but on the other hand, many of our winners spend some time in the red. I used to talk...
That well sums it up. It's important to keep one's charts to where you have a signal or you don't. What you don't want are charts so complex that...
As a day trader, I use charts because I am not smart enough nor do I have the time to figure out the meaning of life every time I take a position.
Then I suppose those of us who trade all in/all out should have Jack Schwager interview us for the next Market Wizards.
I would have two suggestions: 1 If you have a viable trade plan...take your signals and ignore your P&L. 2 Don't fade a trend day.
Yea and pay little heed to those who say you can't do this or you shouldn't do that. Rely on your own observations, devise and test a strategy and...
Eddie, I am not saying that if you continue that you will succeed...who knows. I am saying that it is a tough road and years is more common than...
I don't change it as it works over time and I like to keep things simple. My target is 10 ticks and my stop is never over 8 and averages around 6...
Eddie, I didn't make any money in my first 5 years and the first two were brutal. I do not know anyone who trades for a living who has not paid...
I don't know if 16 years qualifies as "long term" but it works for me.
The word is moot and while volatility has increased, trading remains much the same. If you spent as much time studying price action as posting...
It works on all timeframes but the lower you go, the more squirrely the price action. Scalping is a tough way to go.
You are correct, charts do not print exactly alike...but they rhyme. The art is the ability to read verse. I will very occasionally visit one of...
I trade all in, all out with a target based on the statistical sweet spot of maximum favorable excursion data in my market (ES). As gains out...
TA works because it shows human behavior which does not change. Those of us who use it to make a living trading (not selling stuff) have little...
The difference is Mirus elected to take the risk. Clients were in the dark.
gaj...yes Goslin has made and lost fortunes but knows the game. I have used the 3-10 occilator and it can be a good tool in the right...
You and other poseurs, narcissists and other assorted fools are why I don't post on these moronic sites......Total waste of time. BTW I joined...
I have known Al Brooks for years and he is a solid and highly profitable trader. You won't find him on chat boards as he does not find them to be...
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