Recent content by killingtheta

Great journal. I look forward to seeing your daily recap. One question. How did you choose your tick size for your charts? Do you use the smaller tick chart for your entry and the larger to manage positions? Or something like that? I guess that's more than one question. Keep up the great work.

In my opinion, I don't think it's possible to make 20% or even just 10% month after month swing trading with just simple margin. I do know that it is not impossible to average 5% per month with 2x leverage. Some months I make 8-9%, most months a little less than half that. But then again, thats...

Although they were a MAJOR pain in the ass to open an LLC account, AMP futures work well for me. I pay about $4.80 round turn. I'm sure this could be negotiated if you trade some size, I trade less than 10 lots/es so I don't think I have much negotiating power. I have an individual account with...

Swing trading or daytrading?

leverage or no leverage?

Yes price is in a channel and at the bottom of the channel (support). If you overlook the big news candle and draw a trendline from low to the next low after the news candle our entry bar sits right on that channel. Reason enough for most people to take a trade. However, if you look at the 10:30...

If you don't mind, I would like to share a pattern that I have been coming across over and over and over again while I have been backtesting. My backtest consists of entering with the trend on minor retracements. Preferably a pullback to the 20EMA. I believe Al Brooks describes this in his book...

I have to agree surf. I have opened an LLC account with 3 different brokers and have to say that AMP is the biggest pain in the ass. I won't go into details, but I have not had the same issues with other brokers that I have had with AMP.

Okay, I need some input from some of the career professionals participating on this thread. I have made the commitment to master the 5min. timeframe and am currently doing an extensive manual backtest of a couple futures markets. I'm gathering a set of specific rules and conditions that I can...

I use TOS and ninjatrader at the same time on one machine. I used to have freezes all the time. Are you running an antivirus/spyware on your machine? I leave mine off while trading and since then, no freezes or hangups. Maybe just lucky, I don't know.

wine and common caliber ammunition

Nice trading. Looks to me like all wins. May I ask why you didn't sell again around the 10:30 to 10:50 candle? It seems to coincide with the price action technique being discussed in this thread. Please don't take this as an insult, I'm not trying to pick apart your trading. I'm just trying to...

I'll second that. I use stockfinder gold (tc2000) 29.95 /month and have programmed it to scan for any stock that meets my swing trading strategy. I could not find that anywhere else for 30 bucks. The lady on the other end of the phone when you call for subscription support is somewhat annoying...

Thumbs up to everyone who is making this thread what it is. As I am heading into the Autumn of my professsional career, I am taking my trading much more seriously. I have been a sucessful swing trader and options writer for some time now, but have had the hardest time mastering the intra-day...

reminds me of the late 90's. Irrational exuberance.