Recent content by pkchilly

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    Day-Trading 2.0 for small traders

    Great point--we are scalping--technically looking for small movements and ramping up the lots with greater predictability. In a trending market odds are high that retrace will come back to last h/l. Try trading multiples with 2 exit points. 1 under/above last h/l, 2nd move sl to b/e and set...
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    Day-Trading 2.0 for small traders

    Stupid me--there it is in my Ninja indicators...lol!
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    Day-Trading 2.0 for small traders

    Hey Amitman--Great trades! Where'd you find the "ticks remaining" indicator? I've often thought that would be so helpful to see! I'll look it up, but just thought it was very nice! pkchilly
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    Day-Trading 2.0 for small traders

    Hey Ironfist--don't feel dumb...lol, I must not have shared that the trades are located inside the blue circles--all are longs. Also, should be noted that zb is quite slow, so far fewer trades in a session--although I have seen some sessions that totally rock! pkchilly
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    Day-Trading 2.0 for small traders

    Hey All, Long time since I've posted, but trading's been good--and again, I must say thanks jjrvat for your guidance in this thread! As I take a look at those psychological waypoints, I'm happy, having gone through some of them--hopefully I'm nearly done with the bad ones...lol. As to some...
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    Day-Trading 2.0 for small traders

    ditto...and really quite p'od at trading right now...
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    Day-Trading 2.0 for small traders

    I would only recommend doing this if price action agrees with your trade--believe me, I've tried, and wanted it to work...lol...but in the end I agree with amitman--over the long run, it can't be used as a trigger. That being said, I do believe there is something to be said for watching what...
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    Day-Trading 2.0 for small traders

    lol...so true TRO--one problem I find with myself is that I don't always trade the system--sometimes I sit back with a bad feeling about a trade--those are usually the ones that fly in my direction without even a bump (in fact, just this morning one did that to me--didn't even hiccup for like 30...
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    Day-Trading 2.0 for small traders

    Hey Timokrates, Just a clarification, when I talked about looking at the charts from a day or a 4 hour perspective, I wasn't talking about looking at day charts or 4 hour charts. (I'm with you, I love scalping...lol, there's something about it that just appeals to my "go out and slay the...
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    Day-Trading 2.0 for small traders

    Thanks for the congrats Timokrates, we'll see how this thing goes. For me, one of the greatest things about this pbp is its game status--I'll see if the tick chart settings are right through more trading. I do, however, think that what you said about different chart tf's for different days is...
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    Day-Trading 2.0 for small traders

    Well, here we go, jjrvat, I've taken your advice and gone with a longer time frame and after tweaking it a bit, here is my first trade that's not been paper. It's kind of like playing a game, collect 4 diamonds and a color change and place the trade. Stop goes to previous last major high (lot...
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    Day-Trading 2.0 for small traders

    Oh, one more thing, I should 2nd your comment jjrvat about the jpy, it seems to sit at places for a while, so I think scalping fills may possibly be possible to be absolutely redundant...lol. I'll see when I get the live account up and running. I haven't done that yet, because I really don't...
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    Day-Trading 2.0 for small traders

    Hey jjrvat, Yes, I am still trading on a demo account with Mirus and that's part of the reason for my question--thanks for your candid answer. Trading short positions can be very fulfilling because of the tempting idea of profits, short stops, etc. but as you so aptly put it, live fills...
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    Day-Trading 2.0 for small traders

    Hey jjrvat, here are some trades along with those I posted last night, does this type of major scalping pan out in the long run? I've traded with the jpy like this for about 3 months and post consistent profits, but just wondering if you have insight--of course, commissions eat into profits...
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    Day-Trading 2.0 for small traders

    thanks a ton nkhoi! I'll put it into effect... Just letting you all know why I like the jpy so much. I've been having a crazy time putting up good numbers today from the bp, here's trading the jpy for 1/2 an hour--notice how easily the tops and bottoms are delineated. Enjoy--any comments...
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