765.7 B Last signal TF 13:57 pm cst. Starting to break through top resistance line. Good signal How far?
ddav...How do you exit? (How long do you hold for the target?) What about stops? I understand your BE is plus 1 tick... Is the strategy well defined or is there discretion involved? Please do not lump me in with the other posters here whether they have valid points or not......my only reason for these questions is to try and satisfy the purpose of this journal and to not only learn... but contribute. But I do not have enough information. I can reread these 21 pages if you have explained this...please tell me to re-read... ES
Since the system provides buy and sell signals pretty much to the tick of pivots, I'm assuming ddav would hold each long position until a sell arrow appears, and vice versa. Is that correct? Since there've been no losses in all these weeks, and no stops are necessary, it makes sense that any additional discretion in trade management is unnecessary as you are in one position until the opposite signal appears and then you switch sides. Am I missing a step in between?
To suggest you are 'going to learn' anything from this clown suggests you are very naive...the OP will tell you nothing...nada,zip..., Save you reading 21 pages....he has never suggested a stop loss point..and furthermore, never provided a real time call... To summarize...the OP is full of sh*t and the moderator needs to get his act together and is only letting this thread continue because the hits on the site have dropped dramatically ...not that anybody is 'biting' here either... Typically double standards on this site NiN
Ele....., how do I exit. When I get too scared to hold the position. Run like crazy. Only kidding, but some times when it gets close to the positive stop, it feels that way, even though I know I can not loose money at that time and so far have not lost any. But that now is already becoming a problem. Starting to sweat about when I am going to break my perfect winning streak. I sure hope I get over this soon. Yes, in a perfect day a buy goes to a sell and vice versa, but not all days are perfect. There is a lot of discretionary play and that is why the strategy can simply not be started and expected to run without watching it. If I felt comfortable with playing multiple contracts, it would not be such a problem. I just do not feel comfortable with that yet. The only stop I use now is a positive stop that I trail behind the live contract. I am not good at it and I have a lot to learn. Still panicking too many times and not just setting back and letting the strategy work for me. I just know that the strategy is comfortable with multiple contracts and I am not. Complicates things. Not a perfect world. Just glad the strategy is still yielding in the 100's% AROR range, but still too new with it to be comfortable. I must be rambling. Hope I answered your question. I could give you more detail, but maybe later.
Nod...., yes, a lot of steps. I have been thoroughly instructed in the use of the strategy, but I am still getting the experience. I am doing this my self and it is like going camping by yourself and hearing noises in the night. What was that? (and there is never anyone to bounce the question off) What am I suppose to do now? Is that a good sign or is that suppose to be a bad sign and am I doing this right or am I missing something? I guess trading is not easy even if you are using a strategy still getting in the 100's% AROR. I am playing off 8 screens and I lost count of all the windows. They show me everything I am suppose to see, but it is hard to look at 8 screens and see exactly what I am suppose to see. Lots to learn and did I say a lot of steps between trades.
Now...., I wonder if what you are saying is suppose to be interpreted as constructive criticism? In any case, if you can not understand and benefit from my posts, you are welcome to not read them. Your post is filled with inaccuracies. Please re-read all my posts and try again to ask a question, if you have one.
Ele..., in theory the strategy is simple to follow and make sense of it, but the market is not simple and the strategy, even though it is doing its job, is as complex as the market at times. It just waits there for the market to do something and I start to get antsy. It has perfect patience because it was designed to wait and follow with perfect patience. I just do not have that type of confidence yet. I catch myself getting out for no reason just to take profit and stop all the suspense. Still not very good at trading. Maybe because I never did it for a living and I am having second thoughts doing it all by myself for a long time. Yes, there are very good and fun moments, but then there are very slow and boring times. Yes, it is great trading like professionals do, but, I did not realize how boring it can get in slow times by yourself.
Now is Now... What do you think my position as a moderator is? I am not a judge. I simply am a glorified spam watcher. I see no evidence of advertising from ddav? but please enlighten me when you do? anybody? Has ddav advertised ? This is a Journal in the Journals Forum. Perhaps bits and pieces can be put together to formulate this strategy...if you guys would just allow it. ES Journals The place for keeping a daily journal of wins, losses, and anything else related to your quest of becoming a better trader. P.S. I have no indication that EliteTraders readership has dropped dramatically. The last time I checked Alexa it seems to be fine. Actually I would go long this posted graph below after it breaks its high... "resistance" (in many ways) in this case http://traffic.alexa.com/graph?url]...y=r&b=ffffff&n=666666&r=3m&u=elitetrader.com&