btw..the last charts posted are in relation to "fast trades"..which should be Obvious.. if one plays market maker trades then the main focus is a LRE..in other words..you sit and wait with limit orders..then no stop only a mental stop..which..is why the MES is the best thing sinced sliced cheese
i also see an advantage in trading The Smalls..i am already a subscriber and if they ever take off i have low commissions locked in for the life of the exchange..sometimes a small bet is well worth taking..even if you are not utilizing the benefits immediately!
in relation to DBCF..the mnemonic is the easy bit..if you can't fully explain each main part to the Professor..then like Mr Pelt..you will be next in line to collect the dime to ring your mother
I've had a few PMs asking about the way I trade. Honestly, I'm really not the right person to help or mentor anyone else. And, besides, I don't think many would find what I'm doing very appealing. I now only do ***** and *****. nysestocks refers to this in 4 posts.
Yep, IE, that's the thing, we all know what we should do (***** and *****) but not all know how to do it and that is the tormenting question for many on this thread. People are (unnecessarily) losing sleep about this as it is all matter of time...
Well, as you said to one of my fellow traders, you joined "The lesser few", but no matter, whether you do *L*** and *H*** or *H*** *L*** you still need to figure out how to do this in a controlled and low risk manner and only time (and experience) can help you do that