I dont trade until at least 5 minutes after the open (0935 east coast) to let the volatility calm down. If there is major news at 10 am I wait...
Since trading income provided for a nice living I started looking at work differently. I have gone back to my old profession part time (flying)...
Thats not a government problem.
I started trading with a similar strategy. It worked well for me. The only thing I can suggest is stay with the option strategy but consider...
I would be very interested in a program that can interpret whether an upcoming news event will be tradable, not tradable or a non event. Or one...
One of the problems of automated back testing or automated trading for example is that it usually does not take into account non technical market...
I am a S/R guy and my technique has me in before HF guys trigger. They actially help with the increased movement when they join the trade.
I agree. If you can not compete with HF computers don't. Use a tecnique that does not chase the market and dependa on order speed and fills....
Yes it is. I compete with them everyday and make a living at in the process.
Ya it looks like R2D2 from star wars. It is stabilized so the wave action and biat movement wont be a problem. I was not scalping at the time so...
I was down in the florida keys. Conected to the internet through satellite uplink. Hit or miss at best.
I tried trading on my boat. It went ok if you manage the distractions. No fishing just trading. Internet access was also a bit of a problem.
Trends have two parts. The larger timeframe and the smaller working timeframe. I define an uptrend as two or more higher swing levels that are...
I sit patiently and wait for the next trade. No distractions except for some background music. No financial channels on the tv.
Trading for a living by Dr. Alexander Elders.
I trade breakouts the same way including stop placement. I will sometimes drop down to a lower timeframe to find the optimum point to enter the...
I think you got it right. Its about the market structure or in this case change in market structure invalidating the trade. Question, how do you...
If you make me choose I also go with #3. That reduce risk to a minimum for any given trade without stopping you out of good ones if the market is...
As traders we very our techniques according to market conditions. Even if you have only one technique and choose to stand aside when market...
Good question. I don't trade stocks. I trade futures and spot forex. I use the previous support or resistance level and place the stop a few ticks...
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