85 is the stop target... if 85 is breached we could drop a lot lower. Often we will tag the stop and reverse or reverse all together. No trades...
baggerlord, I don't aspire to be a poker player. I only did it as a test and quit when I learned what I could from it. I agree it is not...
Use market orders and you should be okay. If your strategy needs limits you should test in Ninjatrader or use a 1-tick must pass rule......
High Return vs Low Return Goals During this week of Thanksgiving, it is a time for me to be thankful for all of my gifts and all of my talents...
baggerlord, Going to share a little story.. I use to know a guy like you. My former friend, the scientist, always resented me because I've...
Not after account for commissions and slippage (for the losses)... It doesn't work the other way around. Wish it did.. your probability of loss...
See expectancy formula, size of win * prob of win - size of loss * prob of loss = e. I like higher win rate. Low win rate strategies are more...
My signals would have generated this year as tracked by C2 -- net of system fees and commissions (assuming a discount broker) as of today:...
Thanks ElecEquity.. anyone who reads that thread will get some real gems that I wrote.
Cashking.. Slow down their hoss! Bella has written a lot about how the robots made it harder. There was a good article on prop firms and how...
Thanks Gary for the clarification. I was referring to what you wrote about your dislike of shorting. You wrote something to effect when you often...
Sorry to the guy who made the long post.. if you guys had an edge you wouldn't have quit. So, did they give you capital to trade after your...
Understand What You're Trying To Do To win, you have to understand what you're trying to do. My book mentor, Gary Smith, wrote that he could...
A few thoughts.. My first thought is that I'm just thankful for my abilities. Maybe, I have I do think highly, rightfully, of my abilities....
Baggerlord, I don't mean to be abrasive and sometimes I do have an ego. I'm always thankful for my talents and gifts. But you are mistaken...
I hear you and I'm interested in this trading style too. However, I think you will need strong trading skills first. Like I almost consider myself...
I played poker just as a test to see what it could teach me about trading and yes with real money. It was a test to see how real money would...
Lost a small bit today.. I won't say it was the minimum because there was about an 88% chance that I wouldn't have traded. If the market had...
Jim Simmons wants to thank those traders who went long and short today. "Without technical analysis.. without this idea of buying high and...
Difficult read for me.. looks like 15 is acting as attractor was looking to sell 22s from longs. Already stopped out and probably on break.
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