I've been following this thread for a while and plan to try out some of the ideas. I will journal my progress here....
I trade most days, but not all. On days that I do it may be AM only, PM only - but seldom both. I welcome any constructive comments.
In addition, I will also take "rocket" trades. These trend following trades are described in detail here...
My plan for this journal is to continue trading the patterns described above, but to try to correct the problems 1-4. - To correct 1 & 4 ,I...
I mostly trade continuation & reversal patterns (triangles, flags, W, H&S) on the 1 & 3 minute charts: generally looking for 2-3 points profit per...
I've been trading ES intraday for a little over a year now. I have had occasional profitable months, but mostly the wrong side of break even!...
as far as i know 24/5 - i.e. closes fri PM - opens again sun PM
I don't trade eurex & don't recall what my present (usa) broker charges. The point I was trying to make was that european brokers are unlikely to...
i doubt if you will find a european broker that can compete on price with usa brokers (i live in ireland)
What a great thread this is. Thanks to pawpaw for starting it and all those who have contributed. I must go and print out all the charts for a...
I am also suffering from this problem - especially recently. I usually play continuation patterns on 1&3 min charts - but recently the...
leverage: size of max. position relative to size of account min tick: min change in price of instrument (for ES it's 0.25 = $12.50) - don't...
I am not as negative about spread betting as many others seem to be. They vary a lot in the spreads they offer - but it is possible to trade top...
There's something to be said for a system that takes regular small losses. I find that if I've had a straight run of more than a handful of wins...
qdz, I have been trading es for about a year & have seen nothing like this before. I also see nothing like this in historical charts. Are you...
I assume you are using a uk spreadbetter. If you consistently make trades that he can't successfully hedge in the mkt, he will have to i)...
Other than as a visual indicator of activity (visual squawk box), i don't think it's of much use.
"summed up in 1 page" No. I'm sure a it could be made shorter - but there is still a lot of good stuff in it.
I didn't find the book to be that badly written - but certainly Farley's style is a little strange. Reading it feels more like listening to...
1. yes 2. with great difficulty After CGT allowance there is a system of tapering applied whereby you pay more tax on profits from short term...
Separate names with a comma.