I want an autographed copy, padutrader ... I'll be gifting it and I want to see how long it takes to get re-gifted back to me.
SimpleMeLike, I know you are adept at NinjaScript, why not automate that setup, it seems pretty straight forward? The market always finds our weakest spot and if it is impatience, automation can remedy that.
I had to read this thread to believe people exists that would actually doubt @MarkBrown . Google him perhaps first? Mark, Long time ago I made some money with Odd Ball, and for that I thank you. Also for all the posts, idea, code to OmegaList. Peace.
And many can be staring the big picture right in the face but have no idea that they are holding it upside down.
They, Yes, I am familiar with programming NinjaScript. It is not as easy as it looks, because like for that setup there, something needs to be known that momentum is down at that present time. Like a EMA cross AND 2-3 previous red bars. Then we get into what size red bars and trying many different EMA crosses. Then we get into profit target and chooses stop losses trial and error. Then we get into what timeframe works the best, by time all that is determined the back test is overfitted. I left the automation world, because the automation world is not dynamic to market conditions changes and system trading intraday requires multiple systems trading different things. My eyes and fingers can replace automation for now!! I personally do not think automated trading is for retail low experienced traders because I lose chart experience while spending so much time coding.
Thanks alot MarkBrown for the chart. Sorry, but I am not sure I understand the chart you have presented here. Can you please highlight on the chart the sell and buys?
In my opinion Brook’s video course is worth the money if you watch the videos and observe the market and do the work required to learn the material. I do not know Al myself, but two people whom I do know who know him and both vouch for him being a pretty sharp trader, though a terrible writer. I cannot recommend his books as they are terribly incoherent at (most) times, but his video course is worth it, especially if you do not feel you have a workable mental framework to apply to interpreting price data. Even if you do, there are some ideas in there that you would likely be new to you and probably profitable, again, if you do the work.
if you see my journal i just do not report trades ...i discuss them.... find what mistakes i make... once you know what is the mistake the solution is obvious
i did 12 years of work and i agree totally the video course is good. i in fact took a lot of his ideas and customized it to my preference my approach is not conventional