Recent content by dalentar

Anybody can say anything on here. Those charts only prove that this guy overtrades and slippage alone would kill the P/L. He's so full of sh!t. It's a fantasy for everyone on here that you can trade like that with nothing but a 1 min and all of you are buying into it. Those numbers aren't...

Open up a standard template SD indicator in most any popular trading package and they often look just 14 bars back to calculate a SD. Is it valid to use such a small sample size when calculating SD in trading? Say you're measuring bar range. Wouldn't it be better to use as many bars possible...

"exercise I underwent to overcome the "fear of flipping"" Schizo...that's a good idea for practicing getting used to flipping. I think flipping is a great tool to have in your box. I find it works best in periods of high volatility momentum. I'm curious, say you flip once and the market...

"I realized that I've learned how to extract money from the market trading a tiny set of stocks. I call them my "pet stocks" because I could tell you without looking what their intraday, 1-week, 1-month and 52-week S/R levels are, and how they react to lower highs and higher lows, how they react...

Thanks guys for your replies. It's an interesting topic. "The short answer is that a system like this will do well if you're finding stocks with large moves and these large moves have to make up for slippage, time decay, possible IV decrease, and the cost of the losing options. It's a lot to...

"First I observe something that looks like it might work, then a form a theory as to why. Then I put together some simple rules and start trading it with small size and keeping records" Thanks for the reply. One of the things I've noticed when backtesting an idea is that it often will tend...

Yeah I like hard stops too. I found that I lose more money generally if I have to click the mouse to enter the order. Yes some times I get messed with by the MM but it keeps me out of trouble and there's zero chance I will do something stupid in the moment like wait to see if the price comes...

I have some trading buddies that are big on trading a "balanced" portfolio of options. What they do is they want to keep say 4 puts in weak stocks and 4 calls in strong stocks. When they actually have an opinion about the market direction perhaps they will goose one side by adding more puts or...

For those here that daytrade aapl and pot I was curious, do you use hard stops not worrying about if they get run intentionally or are you comfortable with soft stops (mental)? What works best for you?

I agree, less is more. Trading less generally works out better. It's less stressful too. Not all days will be that way but allowing your winners to run is consistent with this plan. The more you're in the market the more chance there is something could go wrong (i.e. you don't obey a stop...

"Btw what was the "perfect"" The "pefect entry" could have been several places (in hindsight) but a high probability entry could have been 1. When you saw the market finding support. What was the SPY doing? Was it getting ready to rally? If you saw in TS and LII the market finding...

Here's some sizing scenarios Risk 25% of daily max loss (Means you can put on 4 consec losing trades..you know your trading..bet accordingly). So with a .10 stop with a max daily loss of $100... .25 * $100 = $25 $25/.10 = 250 shares (means you can put on two consecutive losers) .50...

That's funny...just about everything NoDoji said I was about to say. Your entry signal was the break above the shallower pivot high and your stop was the shallower bottom pivot. You probably trade consistent size but if you wanted your R was $-to-risk / pivot h-pivot low=share size. ($ to risk...