Recent content by atonix

To add to the thought of my original recommendation (which I'm glad has resonated with others), don't be afraid of works written long ago. It's no wonder the greatest price action discoveries, ideas, observations, and analysis occured before computers, charting packages, etc. Price (and volume)...

Funny thing.. liberals love to talk about savings for the "middle class" (which is the traditional lower middle), but it doesn't go both ways? The vast majority of the $12k/yr stat is paid by the wealthy (and large corporations), so the impact for an average "family of four" is significantly...

Search online for works by Wyckoff (best to stick to stuff actually by him, not people's interpretation of his work). Day Trader's Bible is a good one. Won't cost you a cent, and surpasses many books on price action out there.

Excellent thread, thanks OP.

For older computers (or ones where you wouldn't want an AV process constantly scanning everything you do, for memory/CPU reasons), ClamAV is wonderful. It's a completely free, non-mainstream AV that stays very updated and is in my experience extremely stable. It does not have real time scanning...

Edit: On further thought, I'm fairly sure I'm misreading your record. (Most of this assumes that I'm reading your record correctly.. I'm taking that the $ amount shown is the total P/L for the trade, so cumulated, would be your final P/L. Correct me if I'm misunderstanding.) * snip *...

Just long the futures.

Also, you have to keep in mind that markets change. Using confidence intervals assumes the statistical system remains constant. Unfortunately, markets are constantly changing. Right now, we're experiencing a highly volatile bear market, which may make your system do better or worse. That's...

Incidentally, the Dow is down over 15% since close on Monday. Good call, good call.

Oh, but it wasn't a solid break below the key level. You're only supposed to trade the breaks that work, obviously. :D

And if that's what you're looking for, you will continued to be disappointed. And yes, it is very possible to trade supply / demand off charts profitably. Almost all Wyckoff based trading is centered around this idea.

This used to be discussed here. Look up Dbphoenix. He's since left ET for another trading forum, but also had a good thread here.

I also agree to the independant auditing statement. If you starting tracking trades on collective2 (or any 3rd party service that is similar), you would instantly put your room miles ahead of any other. You can keep your setups to yourself, and show results. Please consider this, as it would...

1. An ES contract is worth (price * $50). You'll get different intraday margins than overnight. You can get $500 intraday/contract, but that's account suicide. Depending on your system, experience, and expected drawdown, your own money management answer will vary. Many people use $5k/car...

... and why can't you convert it to another platform, like NinjaTrader or Tradestation?