Recent content by JB3

Dang, I saw this thread pop up to the top of the list, and I was hoping it was RM with one of his calls. Oh well.

:thumbsup::thumbsup::thumbsup:

https://www.irs.gov/taxtopics/tc306.html

Why is he banned? Makes no sense. Even if what you guys claim is true, why not just let him run his forward test and have some entertainment? Isn't that part of the fun of an internet forum? Who knows, he might be making crazy money in the forward test, or not. But it'll be fun to watch...

I have to say there is something strange about your backtest though. For the first 600 trades, nothing is going on with the equity. Then the equity rises sharply after in the span of 200 trades. Is it just hitting a favorable price action? It is just interesting observation. Good luck, and...

I don't understand all of the negativity. Jake, just ignore these idiots and do your thing. He is trading his own money, and on his own terms. He even offered to give away his tool for free, and there are still miserable people who can't leave it alone. If you don't like it, just move onto...

So for today, you would have gotten your 4 points instead of 1 point.

You have pretty good timing on your trade entries, meaning you are not taking a lot of heat from the start of your trades. That's a good set up you have targeted. So in your situation, I would keep a trade log of simulated trade when you move your stops to BE after being 1 pt in profit, and...

So this is a 10 year trade? Really?

Well, at least you come to the realization that this is not scale-able. Hence, you have 2 choices: 1) You need to move to a higher time frame to swing trade and get your size in blocks. 2) You need to move onto a high liquidity stock or futures.

Thanks for your participation. I get the sense that most people will not play this game unless the rule is changed that they don't lose their whole account if they hit 0 or 00. How about you lose 60% of your initial account if you hit 0 or 00? You playing? I picked the roulette game because...

Forex does not have a centralized market, there is no DOM or orderflow to look at, so price and "tick volume" is all you have to trade with. I was hoping you might have some insight from working at a bank, as to what else I can use that is not obvious (LOL, what the banker is using)...

For all of those people that say they will not play this game because you can hit 0 or 00 on your first spin, and lose your whole account. That is technically true, so can a black swan financial event. Asked another way: At what odds would you play? What if the odds were 99% winning...

Every successful spin nets you 3% gain to your account balance. Let's say you had $1000 in your starting account balance. And we are not compounding to make the math easier. So we put $1000 on the line on every spin, and you get +$30 for every spin. Spin 1) $1030 Spin 2) $1060 Spin 3) $1090...

I like how you watch the DOM and $TICK for re-entry if you get shaken out of a real nice move. I'm mainly trading forex now, do you trade forex? Any advice on what to look for since they don't have $TICK or DOM available? Or are you strickly stocks and futures?