Sure thing, If it would be more organized for everyone. Lets hear everyone elses opinion. If you guys think you need separate then we can do it separate. P.
Thanks for posting the .eld for them. Sure if anyone has questions I'll try to help the best I can. P.
I'm used to this type of trading. I used to trade AAPL all the time with the quick in/ quick out method. Although I didn't know it was called scalping until recently. I didn't have any standard system either, so after many many weeks of winning huge, I started losing and lost my confidence. So I went back to the drawing board. So far I much prefer futures.
I would love a new thread Piscuy. It would also keep the threads focussed. As I had mentioned to Anek a while ago, They are both excellent styles, but I seem to be attracted to your style due to my trade time constraints as I "still" work full time. I would love to learn a method where I can bang out trades the first 2 hours and then leave for work regretfully. I appreciate it a lot Piscuy and Anek. Cut hmmmm... Let me make money and you never know !!! thanks SS
I don't think it is a must to be seperate, but I would love it if you did. I really feel lucky to have found this thread
Hat's off to you Anekdoten and all contributors, this journal is terrific. I have learnt so much, and I'm only on page 69! Today was the first day papertrading the ES, and I managed to scalp out 22 points from 4 winners and 3 losers. Only using price and stochastic (and a bit of HA to confirm trade continuation), thanks to your clear and meaningful advice. Thanks again, it's a great journal. Cipherscribe
Hi, I have a bit of a concern.......seems like right now the trending action and large swings / ranges are making things 'very easy' right now if one follows the plan......I don't think it's normal for people to be pulling out +30 NQ and ES points on any given day.....the reality is if one could pull out 30 ES points per MONTH one could become a millionaire (based on the size one is capable with due to ES liquidity). I guess the whole point of my post was to ask some of the people that have been around for years trading the futures markets if this is normal action we are seeing or if things are indeed 'very easy' right now ? I was not trading this method earlier in the year but looking back at a daily chart of the NQ I see significantly smaller bars which has me wondering if one takes 2 - 3 small losing trades for 1 - 2 points if the eventual +5 point move will be there to turn the day profitable or if the smaller ranges will create lots more headache. It's almost like it's all too good to be true and someone is about to change the rules....... All thoughts welcome Cheers
If the market changes you adapt. If it is trending you play trends, if its ranging you play bounces. Adaptation is what makes or kills a trader. Now I dont wonder about what tomorrow might be like, I know what I can do today and will worry about getting the most out of tomorrow when I get there. The market is dinamic, so should we be. P.