What is your screen time experience like ? I logged tens of thousands of hours to reach profitability. Considering I'm not so bright say you require half of that. Have you reached that point ? Anek
Hey Anek, How about a shot of your NQ trades this afternoon? I would love to compare notes. I have increased my profit margins 2 fold almost daily since I started reading this thread. (except chop days) Plus $560 today trading AHG. Thanks J
I don't know if anyone answered. To post a chart, save the chart to Valid file extensions: gif jpg png doc xls pag txt pdf zip Then click on browse, find chart, double click the chart and it will load then it will post along with your reply. This is like an email attachment. Here is a chart of GS Goldman Sachs. What's interesting is that the double bottom happened over two days. The green line shows the support area.
When I used to do wrestling I remember there was this guy who had perfected one specific type of throw, he would do it whilst on his knees, standing up, he could even do it whilst on his arse. I also remember how frustrated other wrestlers used to get with that fella, they knew his strong point (that 1 throw), though failed to see it coming, he was just damn excellent at it, robotic. I also remember him in training, he would work & work & work on that 1 throw for 2-3 hours per training session minimum. Do not mix commitment with complexity ImO. Jim was right and Anek of course is right you need hundreds and hundreds of both real-time & EOD chart analyses to get to a stage when pattern recognition of just 1 pattern becomes almost automated.
JJ, Please don't assume that I don't know how to trade. I am not in the market to learn anyone's system or method in its entirety. I have my own. However, that does not preclude my interest in the rationale behind certain choices on the part of others. Such insights can occasionally improve my own method. Therefore, when I ask a question, please try not to read more into it than what I asked. You have already done this before. Please don't do it again. Thank you.
Hey Anek! My First REAL day EVER trading Futures. After reading this journal, I thought I would give them try. +$100! Thanks for the great coaching!
Sounds great but scares me when a newcomer makes money the first day. Something that can be counterproductive because it can develop overconfidence something that can be extremely dangerous. Even at my level I still get reminded that the market holds my balls in a pedestal. Remember, a choppy day will take your money, today was optimal for trading, nevertheless I congratulate you on your winnings and wish you the best in your journey. Last but not least make sure your car size remains at 1 until you see consistent profitability. Anek
(Thunderdog, don't take offense) JJ, thanks for bringing this to my attention - found the good stuff on pg 5 of the thread. I glanced at that thread a long time ago and never got past page 2 - thought it was pretty stupid like most of the content on ET.
T, Assuming your method is not based on the secret "cold fusion" formula could you please talk a bit about your methodology ? I would also like to enhance my trading Anek