Recent content by ratso

Check out: http://www.eminiblog.com/emini_room.html There are a number of traders there making consistent profits daytrading the eminis.

This is a free irc room for emini traders on the Othernet network: http://www.eminiblog.com/emini_room.html

http://www.eminiblog.com/emini_room.html

What kind of signals did it give swtrader?

Another look at reversals: http://www.eminiblog.com/pt_more.php?id=131_0_4_0_M

How much importance do you put on Profit Factor and max drawdown?

Think of yourself as an order taker. It sounds like your system offers zero discretion at the close so think of it as just doing your job to close the postion exactly five minutes before the market close. Or automate your exit order and let the computer do it for you and walk away from the...

Every successful trader is using a "system" just as everyone has an accent whether they think they do or not. The difference is that some are using a system that is in their head and others are using a computerized system. The system in your head is potentially much more complex than any...

Something else that would be nice would be to let backtesting run in a separate thread. As it is now, Esignal completely freezes up during backtesting. thanks

The number one thing I did to improve my trading was to give my trades more time to develop. That is, I just started waiting longer once I was in and not jumping out at every little wiggle against me. I did find that posting my trades in realtime made this a little bit harder. The desire...

I am glad to see someone posting a journal again. Can you include the charts you used to make your decision? Thanks!

I've been thinking that all one really needs is two setups: one for trends and one for reversals. Say maybe flags for trends and tests for reversals. Then all one should do is just trade those 2 setups and nothing else every day for at least 6 months (and a couple of years is probably...