A trading contest..........

Discussion in 'Trading' started by bighog, Aug 3, 2013.

  1. bh_prop

    bh_prop

    Thank you, that was a very helpful explanation as I was unclear on exactly how reverse chron worked. I.e. if reverse chron is false then the next element must be true? And in this situation T1 must be false because it can't occur immediately after P2 right?

    But now I have a follow up question:

    You have bar 3 labeled as T2PF even though the volume is higher than bar 2. Is it not permissible to have consecutive (repeat) T2P's in the same manner one could label consecutive P1 or P2?

     
    #41     Aug 6, 2013
  2. bighog

    bighog Guest

    :D :D :cool: :eek:

    Nailed some serious ticks today (early).

    All 4 toys went to target and no STOPS hit. Two targets were at LEAST DOUBLED.

    For anyone that wants proof...........Well, when I was learning how to trade I always thought about it this way: I do not need, want, care about proof because all I am looking for is help to develop my own way. If someone is willing to give out a strat and tactics it really is none of my business to demand proof. My job was to take what I could and try to fly on my own. That is all anyone really needs as proof.. LOVE days like this.......Good is nice, better is better yet.........more to come... :p
     
    #42     Aug 6, 2013
  3. bighog

    bighog Guest

    Later Gators.............Taking a break.


    Might run to Chicago and check out a place to hang a hat. :cool:
     
    #43     Aug 6, 2013
  4. bighog

    bighog Guest

    Never made it to Chicago, LOL

    35 ticks, 35 ticks, 12 ticks, 12 ticks still valid as a minimum target for each. The target can be booked and another target can be reentered if you get momentum.

    After the strategy to nail the early minimums runs out of time there is a third tactic to use which is well worn and a cut and dried tactic that many use. So momentum is part of the method as any trader knows how to milk momentum. Nodoji related it to eating a CHUNKY bar, take chunks out of the mkt.

    Instruments need to show activity and some decent volume so the slippage does not get bad.

    4 out of a possible 6 instruments is a toughie until you get used to them all, I did just 1 forever and needed time to settle in. 4 futures is not that difficult if one is using a method that requires patience/prudence to wait for the mkt to set-up properly and NOT be in and out like a yo-yo. I must add this: all the instruments use the EXACT SAME TACTICS and to make it even easier to work during the day, those tactics are usually not going to be more than 3. Momentum is already known. (sure, there are some sub-tactics but on most days the main-squeeze-3 provide more than enough. One especially is based off of the other in ALL cases..

    The number of ticks I use is me........others might be different, I just want to keep everything as simple as possible, that was always a goal and still is.

    :)
    PS: I do not trade with 6, THAT is to many to watch for now anyway, ha. Just that there are 6 nice toys to choose from...........
     
    #44     Aug 17, 2013