Interesting. What's your definition of a "big run"? Do you get out at the end of the day? OldTrader
Girlpower: I used to use point and figure charts years ago, mainly on the daily charts. Don't use them now though....does your software...
My method for getting out is a kind of combination of the two techniques that you mention. I am primarily a chart based trader, meaning I don't...
Good for you! Those are some decent profits...and all you had to do was sit. And that's my entire point. Now here's a confession: I've had the...
My "persistent denigration of indicators" should do little more I suppose than tickle you pink! Think of it, without the benefit of those...
I notice this is a chart of the NQ rather than the ES. You are trading the ES, right? I put the 5, 20, 60, and 220 avg on a 1 minute chart....
Daniel: My compliments on a couple of fine posts. OldTrader
Let me just say that answering this question is not really fair since it has the benefit of 20/20 hindsight. Having said this, I did happen to be...
Are you trying to learn how to trade? What type of method/system do you use? OldTrader
I'm sorry that your day didn't turn out well...I feel somewhat responsible for that. I feel that perhaps I took you off your course. Maybe I...
I use daily bar charts. I look at some of the moving averages on the daily bar chart, like the 10, 20, 50, and 200 day averages. I look at where...
Do some reading of my prior posts....they set out how I trade. I don't have a "special" definition of technical. I just don't use the...
Perhaps you should do a little reading around this site, starting with the post right below yours by Dottom. I'm sure you'll find many references...
I guess the point you're attempting to sell to us is that Dennis would not have traded his particular method had Globex trading simply been...
And your evidence for this statement? What does anyone's personality have to do with an effective trading strategy? Are you sure this isn't...
I don't think you'll find anything within my two posts that suggests "sitting" with a loser. But you'll find nothing either that suggests...
You guys have been busy with this posting thing today! I gather none of you are scalping? Let me see if I can clarify a few points. First, I...
Johnny can't trade because Johnny mistakenly thinks he/she can scalp 1-2 points on a trade successfully. There might be someone who can do...
A few comments: I see you made an early morning trade on the short side, on which you took a quick loss. Smart trade. Here's what I don't...
This doesn't really apply to me since I don't day trade stocks. BUT, my understanding is that daytrade margin is basically 4:1, but that 10...
Separate names with a comma.