All traders have to do only two things, the rest is optional: (1) enter (2) exit ! Today i'm evaluating my performance with this slide.....
Funny, I had one losing day last week (tuesday), so I took a good look at what made that day different then the rest. First, I did a lot of...
Good advice, but it must be implemented in a sound way. There is nothing wrong with buying a breakout high for an entry signal. However,...
"Maximum Adverse Excursion" and "Maximum Favorable Excursion", just looked this up. Heh. My columns are labelled "Pain" and "Max". Very...
Well Vision, I can think of three ways to solve your backtesting dilemma: abondon the stochastic, as others have suggested. You can still...
I always had better luck waiting for a pullback. At least the trend is still intact, the bad entry may not matter in month or so.
If you trade off of charts, backtesting is best done by hand. Fill in a spreadsheet as you go, with the date and time, for each trade. After...
How about "I am a wanna-be intellectual without a trading account who really doesn't know jack s**t" :D
You should have a look at this.
Grab a profit on the first half, stops to b/e on the second, take a nap. I know it's not a particularly smart thing to do. But it helps me with...
SierraCharts $7/mo (need IB or myTrack acct) HQuote Pro (one time charge $55) for swiping free historical data, display in SierraCharts. I...
I use TSim+ because it keeps your trade log including times. It lets you annotate it along the way.
If you are so new that you've never experienced a losing streak, you might consider waiting to experience your first one on a simulator.
I'VE BEEN LAUGHING FOR 10 MINUTES NOW:D
Here's a link for indicators that this woman you're out with is interested. The author says you need 4 out of 5 for a good "entry signal".
Here is a fun exercise. Ideally it would be nice to sit in a room full of newbie traders and watch them. Since I don't know any way to do that,...
That's exactly right. First, I use pivots as an entry once i've decided to trade, I don't trade a pivot system. Same goes for 3-bar reverals....
could be deadly is a very severe understatement. I think trading 1 ES on $500 would incur a 100% risk of ruin for anybody. Take anyone's trades...
..I hate trading options because you can lose money even when the market moves your way. Not so with the futures.
Or anything else... this is nothing new. Most folks would rather spend their money on gadgets-- the best clubs for golf, the best supplements for...
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