Recent content by Love Trading

Just downloaded your solution and it works perfectly, great job! Thanks again.

I will try your solution and see if it works. Thanks again.

I use the latest Java solution by Asterix and did it according to the instrution you posted on Screencast. Much appreciated your help. Did not try yours yet.

Works for me until I download 922.6 today. Problem: 1.Log on OK, but Trade Log and and Bulletin flashing Red. (Which should not because I log on without Add-on and clear that already.) 2.Then click on Trade Log or any button, the WTS hangs up and will not respond. Any ideas how to fix...

You are on the right track. Also your rules should be based upon how to take advantage of the most traders that do not have you mentioned above, hence the "price action" on the chart like what it is shown on th "CL" chart today

Can't thank you enough Mark and Asterix! Works great for me here.

Later trades are mostly dominated by day traders emotionally forced to close out their open losing positions and many setups do not work, especially counter-trends.

This is exactly my points here. If you limit yourself trading ES intraday in this market with no volatility, most people will not have your discipline to be patient and wait for that set up and trade one or two times a day, hence gambling with very bad odds because of the large cost. Lescor...

Behavior modification without doubt is the key to trading success. Not only in how we think but also how we act in certain situations. We must adapt to changing situations which we have no control. We often must change the situations of which we do have control when trading. - Phantom of the Pits

We all try to fool ourselves day trading is not a form of gambling, but in reality, day trading ES on average ATR 5 handles for retail traders are for fools. Ask yourself, will you go to casino to play blackjack on a 40:60 or less odds? Average retail traders pay $4:00 commissions RT, usually...

Here is a great and rare interview of Marty Schwartz in 1999. I find myself go back and listen to it once every few months just to try to remind myself. A few points: On trading strategy/tactics: Wait for the extreme levels to play, avoid the chatter. If you play every race, you are likely...

Never think in term of potential PROFITS for position sizing, instead you have to think in term of RISK and how you manage your trade when you have large position on and how P/L swing affects you. So you have them backwards. Assume your usual 500 shares, 3pts loss risk, and the question...

Here is my set up. VAIO L on the left

Yes. I bought one a few months back and now I use it as my main order execution (IB multiple book traders). Works good. One BIG drawback: It is GLASS touch screen and very reflective, not easy on the eyes. I also have two 26" Samsung LCD for charts (a Dell PC) and they are the best. The...

I thought you are a true price action trader using No charts. Anyway, I am always grateful for your posts and your journal thread is great. If we can all have discipline like NODOJI, we do not need more monitors or trade more instruments and be profitable weekly if not daily.