You are right, discussing Money Management should be the best way. I believe 'forcing' people to take a bit of responsability on forums to show some work themselves is absolutely healty. My suggestion on this topic: Funds: $10.000 Size: 2 NQ contracts Max. Stop: 4 points (1000 volume chart) Scaling out on a discretionary base with price action and tape. Is that too superficial? Btw, you use Tradestation as your broker? Are you happy with them?
Darren... I don't mean any disrespect ... but your last question (p.682&683) was also one of these simple ones that was answered a dozen times in this thread. I suggested then that you would benefit a ton by reading the entire thread.... and it's clear you didn't .... If you read any random 10 pages you would quickly find that most here use constant volume charts for entries.... Again... not disrespect.. .just trying to encourage you to put the time/effort in...
no worries, I saw the 1000 tick volume, I wanted to see if anyone uses time and what time frame it was, thanks
I believe if anyone is using time charts here they are using them (15/30/60) to help point out S/R and then drawing those S/Rs on the volume charts for trading...
Thanks foxthorn for the Ninja 3 bar reversal indicator. I appreciate it. Do you know if the readability increases if SeeAllReversals is turned on or off ? Do you know how Anek uses it in Tradestation? Yes, I am also waiting for the "candle outline" feature, Ninja plans to introduce in next update to 6.5 Beta release. Thanks DisciplineTrade
hi..this is my settings in NJ for 3bar reversal.as you can see I am not getting the reversal bar as a diff color..help check my settings please. I am lost Thanks in advance BP