Recent content by HispaTrader

Trend changes to "up" when market trades above the swing high at 2 between 3 and 4. Trend changes to "down" when the market trades below the swing low at 7 between 8 and 9. Trend changes to "up" when the market trades above the swing high at 14 between 15 and 16, and the trend remains up.

As a discretionary trader, I have a systematic and consistent approach to trading the markets, but there isn't a rule that I haven't broken, legitimately. I have guidelines more than rules. The market is too complex for it to fit into "hard and fast" rules all the time, although most traders...

Great response!

About 90% of traders in this poll should have a profit factor less than 1, meaning that they are net losers. People are definitely not being truthful. :D

No need to apologize TraderZones. It does sound like a commercial, but that wasn't my intention. I just wanted to provide information about an educational service that I use and have a positive experience with. I think that I suggested in my post that the OP get more information before making...

If you're interested in learning how to read markets I would highly recommend Jim Dalton's educational services at www.marketsinprofile.com. He uses Market Profile as a tool to understand markets and the behavior of the different timeframe participants in the marketplace, but he also focuses on...

I never asked a question, I was just pointing out the flaw in your assumptions. :)

It's possible, but highly unlikely. To make your point about scaling out you really need to have more real-world assumptions. Seriously, if you're basing your entire argument that the winning percentage when scaling out is the same as taking off your entire position, then your argument is...

B1S1, the point is that whatever the win/loss ratio is when scaling out, it would be even lower for an "all out" approach assuming everything else being equal.

B1S1, your assumption doesn't make sense to me. The win/loss ratio when scaling out should be higher compared to an "all out" approach. You could get to 4.5 pt target but not to the 9 pt target. The scale out would be a profitable trade versus a losing trade using the "all out" approach.

I agree with this. I try to view trading as a game of probability, and adjusting a position is required in order to manage the risk currently in the market. If the risk has increased, it would be prudent to take some back or hedge your position some. Sometimes it makes sense to take back the...

myminitrading, is market data included in the CQG package or are exchange fees charged separately? Thanks.

Thanks Paul!

Typical stuff, like win/loss ratio, profit factor, percent profitable, equity curve, MAE/MFE, etc. Data similar to TradeStation's TradeManager Analysis.

I've been considering ZeroLineTrader, ButtonTrader, and NinjaTrader as an IB front-end. However, I would like to use something that also tracks my trading performance so that I don't have to do that manually. So far, it looks like NinjaTrader fits the bill. Are there any other...