Awesome. Eggheads tell us each trade is statistically independent. They also tell us trading systems "stop working" or go through periods of...
Roger that. I started working on the last piece of the puzzle today, methodical exits. Whaddaya know, +17 for the day, with only like 4-5...
One thing I've noticed about candlesticks as I flip through the different time periods: the good signals tend to show themselves, in some way, on...
Hmm, no one wants to do any homework! :D Well, i'm tallying up the ratio for the famous 3-bar breakout method, since it's a widely used...
Well then the system called for the exit. So you are doing yourself a disservice by blaming yourself for not being patient. Since you followed...
Were you following one of your method's exit rules? From an earlier post they are: (1) Reversal signal (2) Sideways price action (3)...
Another way to think about late entries: statistically. For a single trade, a late entry might sometimes not seem like a bad thing. But look...
Enter your vote today! A new poll has been created for the AustinTraders group: Check any and all December meeting times that you'd be able...
Looks like I won't trade tommorow (Weds), and will be away until next Weds. I want to leave a homework assignment for those interested!...
Right now my exits are haphazard and emotional. But here's where i'm headed: exits tailored to the particular type of trade, tailored to the...
Actually it all depends on the person. Also, the question is, can he learn things on the sim to improve his real $$ trading. Another...
Yes I do-- the time frame varies... for "Trend Touch" I look for a clean looking chart. I usually cycle through 100 tick to 2000 ticks. One...
Note to self: I'm finding that the aggressiveness of my exits are based on the P/L of the day, and that leads to problems. If I am down, i'll...
moneyman, do you ever trade support & resistance; if so, any tips for us?
Hey there Steve, glad you like the "puke green"!
Let me tell you, finding out most of my entries were no better than random entries was a SEVERE blow, however... ... drum roll please ... I...
Well, I'm not really sure what to do at this point, so i'll continue with the same three entry methods on the simulator. M, Tues, Weds; then...
Here's my spreadsheet if you want to play with the numbers and give a 2nd opinion. Note there are 4 different sheets, by method, you have to hit...
All of the entries this week were one of the three methods: Trend Touch, S/R Reversal, or S/R continuation. I compared the distribution of...
Negative, Ghostrider.... 72 Trades, net -7.0 points (-$581.00).
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