Recent content by NotKnown

An edge is something that is developed over time. It takes many many hrs of chart watching and/or screen time.

Depends what you trade. I only trade indices and my tools work on any index most of the time. Low volatility can be a problem but those days are easy spot. I only trade intra day. My philosophy has always been to learn to trade 1 instrument class and trade it well. My "system" can trade almost...

Would that have been incrediblecharts? I also started out with amibroker all those years ago. Their programming language was ok to use. In terms of a mentor. Not really. I couple of people give you ideas along the way. For myself I knew where to look for trades so it was a matter of developing...

Indeed it is. FX, still trading ?? I stepped out for a bit but back into again. The daily's have had a few dips but nothing that looks like a turn yet. We just have to wait and see though the DAX has had a dip or 2. Sideways atm. Markets are quite high though.

Depends on what you trade. I only trade indices so I look at how many points for the week I took. You compare this to the movement of the indices to work out if you did ok. For one reason or another I always miss trades or sometimes it does not look right so you stay out and the thing then...

Make money :)

Agree. That is why it is better to see live trades. Great post by the way as we share a similar philosophy.

I agree. Trying to make a livable income from trading is very difficult and takes considerable time to get there. I was interested when the show girls arrived though but I digress... If someone can make something of what Ken shows/teaches then that is ok. If your intention is to make an income...

I agree with speedo. I have also helped other traders as I was also helped in the early days. I have given advice as to what works and does not work (in my opinion) and explained what I look for when trading. As I explained to someone, the idea is not to copy someone's style but to derive an...

So there are 2 live trades for a total of 93 points within 1 hr. Scale those points to whatever you want. There is really no such thing as dumb money but people who do not know what they are doing!!

I do not care bull or bear. I just trade what I see while keeping an eye on the general direction like I am now No 2nd leg down on the short so will leave that alone for now but a retrace to the long, also leave that alone as no clear direction yet. Day trading is more about waiting than...

That depends on what you are day trading. I trade indices and there are no fees other than the spread. Day trading is tricky and not for everyone. As is any other profession. Most of what you read and / or see does not work. Successful day traders do not really talk about it. I know a couple...

It is an interesting question. I have been day trading for longer than 5 years but I take breaks within that mix because too much screen time is not good for ones health. Of late I am back into it and trading the DAX as we speak/type (big night tonight). In my experience, most people are fixated...

What was he day trading?

What would I look for??? A refund.