Recent content by rustrader

sorry for intercepting but please note that Spyder's style of trading differs a lot from traditional "setup" trading. If you trade some pattern you trade stationary picture by definition and you can speak correctly about average win/loss/%wins etc. Spyder's style implies non-stationarity just...

Current result 39% made money, 61% lost. It is golden ratio approximately (0.618...) :) :) :)

of course but -200$ in a 2 point if your trade is at loss. ER2 is the most risky index future. If you are newbie look at YM first then ER2 and then when you will have big capital move to ES&NQ.

The major reason of misunderstanding BE->DO->HAVE is laziness. People do not realize that DO requires many,many,many hours of hardwork...

Bill, understand and 100% agree. Thanks.

So why do you waste your time for useless battle? It is not understandeble to me... PS. Congrats with jubilee!

Heh, endless battle between ProfLogic and marketsurfer :) Guys, instead of wasting your time for useless battle why not to exchange trading methods, experience, etc. may be not on public forum, may be privately. It it so simple and so logical :) Remeber guys: time is money and you can use...

Leave psychology to psychologists :) your problem is lack of trading method psychology plays role if you have trading plan but do not follow it as I understand you don't have it at all Trading "against trend" is not a bad habit it can be profitable if you have back- and forward tested...

laptop, it is good idea to diversify your business regardless of end of markets/world etc. Invest part of your capital to non-financial business as much stable as possible.

MAK, thank you very much, your answer encourage me to think a lot. Explore charts, compare methods, etc...

Guys, please explain one thing. This Q is adressed first of all to MAK and Spyder. I trade index futures and use ProfLogic's method which is well known by you. ProfLogic's stuff is very similar to what you do but a lot slower and requires less activity. But there is one big difference. In...

thanks, it is exactly what I wanted to ask.

it is true and clear but my Q was about another thing. Suppose we get FTT (call it FTT_1) and then BO. Between the next FTT (call it FTT_2) there can be numerous traverses, dominant and non-dominant. What should beginner do when he see non-dominant traverse? Exit or hold?

ok. I have read and re-read this thread many times and really confused especially after your answer. I think I am too stupid to understand you but nevertheless thanks.

Spyder, it means that beginners should trade only first dominant traverse of the channel and ignore others, right?