Recent content by daniel_tysen

I really hope there are some very significant changes going on. Trade Navigator is probably the worst product for charting you can get. Their data-model is from the 80s, you still have to do a "daily download" to get your data (seriously) after a day is over. The quality of their data...

I hope never.

That's bullshit. The goal is to make a shitload of money and to trade consistent is a requirement to achieve that goal. If you're trading to trade...you actually lost the reason why you started out...don't fool yourself!

So guys...big advantage of trading breakouts: - Don't miss a trade if there's no pullback And the other side of it: - Might get into "false breakout" quite often...since you don't know before the fact.

So guys...what do you think is better and why? How do you do it? Get in at breakouts or do you wait for pullbacks? Should be an interesting discussion!

Thanks for your replies guys! Well just trading one market doesn't make a lot of sense for me. I use daily charts for my signals even though I'm usually in and out within a day and trading just one market would give me not enough signals over the year and the odds that my edge doesn't play...

Hi guys, I'm trading futures, the liquid ones, currencies, stock-indizes, crude oil, gold etc. I daytrade/swing-trade from hourly charts, mostly breakouts. So usually a trade lasts about a day, sometimes longer when I hit a big one. I make money with this, but I still have an issue though...

The answer is that the liquidity of the micro-contracts still suck. They're barely OK now when the US-markets are active. But even now you have a spread of 4-5 ticks in the CAD or CHF contracts...while if forex you'll pay 1-2 on most ECNs.

Yup of course, sorry, corrected ;)

nono guys! That was not really the question. Of course if I want to risk 1% on a trade I have to trade more contracts with a stop of 5 ticks than with a stop of 50 ticks! The question was (leaving out trading methods completely) if you'd risk for example 1% on a daytrade and 1.5% on a...

I'm a discretionary trader so I don't have a system to measure etc. Also I don't believe I'd be good in that stuff. So let's say my trades all have a 60% chance of winning. Doesn't matter if they last a day or a week. But my problem is that psychologically it doesn't seem to make much...

Cmon guys...I want a lively discussion here! Go away from the "I lost bla bla my account" threads and do something useful! :)

hey Nodoji how do you do this? How do define "market shows strenth" in an uptrend for example? Like a candlestick-pattern?