Anyone have any issues with the Tradestation T&S? I have a pretty reliable execution platform running beside Tradestation and it posts 'at Ask' trades while Tradestation displays them 'at Bid'... the stock moves in the direction of my execution platform so I HIGHLY suspect Tradestation has issues here... Thoughts / experiences?? Thanks! i
You and several others on here are why people still play. I worked a gas station when I was in college and saw people with nothing monetarily plunk down $20 at a time on a dream of a better life. Do you think they would be so likely to be separated from there hard earned riches if they didn't pump the hell out of the few that win millions from there $20-50 a week. I have just realized that I am like those people. So desperate and disillusioned that I could be drawn into this. I just didn't feel it was appropriate to allow my embarrassment to drive me away from talking about it. You have your real life story about success. I have mine about failure. The numbers support my story being more likely. I think between cramer, 1000 trading books on amazon, and the general can do attitude on hear or cnbc, people are not going to have a problem getting over my pessimistic view point.
Sacromento. That was a poor trade. I thought a bounce was taking place off of the low of the bar of 11:51 around 95. I entered too late and set stop too big. Poor setup, poor entry, poor exit. Oh well, that happens.
could anyone tell me where the cheat sheet is? the guy who summarized anek thread. stupid me deleted the file thanks cokes
It always ends up being more than 6-8, it gets to a point where it is so much fun that you do it instead of watching TV a lot of times. LOL
I like golf. suck ass at that to! My message has more to do with being under capitalized. I truly believe you need a lot of money. 50 to 100 grand of expendable capital. That is if you have anything to lose (house, family, nice life, ect.). Maybe I am just to risk averse. That could be as well. Think about having your margined position going against you why being locked out of your computer, broker, or the market as a whole. The possibilities for catastrophic loss are there. Your losses can be just as great as any gains you can dream of. The general make up of my strategies were trend following using Volume charts, MA's and multiple time frames to gain a bias. Using an oscillator to gain an extreme, take signals of extremes at BB or price action break towards trend. Of couse the BB entry most advantageous. Before my brain just gave out was looking at using confluence zones based on price action needles on longer term charts to give possible reaction zones of 1 pointish to integrate into the above. Money management was tough because as stated above I am under capitalized. The 2% rule on a small account puts you smack dab into noise. That's why I was trying to use the BB gave early entry's and tight stops that hardly were moved against. I would have been happy to make as much as I could at wal-mart or the library. Figured $6000-10000 a year would cover what I could gain by working at one of them. Also in the mix is trying to work at home so I can be accessible for children. It all comes down having a nice life and not much money. If there are others thinking about this, before you get started. What are you willing to lose. You've heard from a guy who moves around every six months the footloose fancy Italian (by the way love visiting your country, been there twice in my life, feels like a second home ), and someone willing to borrow $25,000 he had no idea if he could pay it back. If things had gone slightly different what would happen, bankrupt, working the next decade to pay it off. I'm sure he would say something like I new I had a strategy, I had a plan, yada yada yada. Trading makes money from Probabilities and inconsistencies in the market. The only certainty in the market is that when you pull the trigger and release a couple thousand dollars that may not come back you will be anything but certain. I actually haven't really lost money. Unlike some blow ups, I have all my capital intact. I spent some money along the way on trading related things that make me a net loser, but when I welcomed my money home it wasn't to much worse for wear. These postings are to give people like me a chance. Not really to criticize anyone else. You have your lives and are welcome to them. I am happy that people can attain there dreams. I think if my circumstances were different I would pursue this to the end, but there are probably a lot of people thinking this is possible that similar to me. It's not impossible but it is terribly improbable. Question how much of your life you are willing to lose not just money .
Can anyone please post today's ES (5000 vol)and NQ (1000 vol) charts with modified Heiken Ashi indicator (using the indicator Anek posted sometime earlier). If anyone has the modified Heiken Ashi indicator for Ninja,please post it. If you have the Tradestation code for it,please post it, so that an AHG-er who is Ninja coder can translate it to Ninja. I appreciate it. Thanks DT
Hi 99%, To be honest "go get a job" is the last thing I would advise anyone to do if they aspired to anything more than scratching out a living. If you wish to do well financially,and unless you have highly sought after skills/talents, developing entrepreneurial skills will be a key element of your success. With trading and any other business satisfactory capitalization is essential for the business to be viable and survive. Yes adverse outcomes[ being wiped out] can be achieved in trading as well as other types of business. I can guarantee this as I've experienced this outcome once in business [no stranger to witnessing marriage,home,company,cars and other assets gone ,as if by magic]- the lesson learned-" what doesn't kill you just makes you stronger" Centre yourself and get on with what you need to do to achieve your goals, and once when writing and trading options in 98 after years of rebuilding. I was fortunate to read about a Thai billionaire that lost everything in the crash,he was busily organizing vendors and street stalls people might see this as a huge step down for him , I saw it as his next step back up. It's surprising how quickly you can create wealth once you have faith in yourself and a broad experience base. If I had taken your advice at either of these junctures ",to just get a job",between child support and taxes, I would probably be living in a cardboard box under a bridge somewhere. Pursue your goals relentlessly and try not to make too many dumb mistakes. Trust me you will make some,we all do, but never just go and get a job. Best Regards john