Recent content by triplepack

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    Day-Trading 2.0 for small traders

    Hi Ironfist, Yes well done good trading, you stuck to the PBP , ok there was the small detail of not making money LOL, but I think you got more out of that session of trading , clarification of hh-hl etc and analysing the timeframe for your particular trading style and targets/stops. And...
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    Day-Trading 2.0 for small traders

    Hi Ironfist, Nice trading , the pbp trades look just like mine, since my last post I have looked at your sugestion of 500 volume bars and tried those myself, having said that on the V500 past history indicates to me that it can give betwen 15 and 25 points on a signal, I think the 5pt...
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    Day-Trading 2.0 for small traders

    Hi Ironfist, Here are some ideas which I have determined are useful to me which may help you as I seem to have had/having same issues. Try using a 250 - 300 constant vol bar , it gives a faster time frame but you get more pullbacks to trade without it being too fast. I use Button Trader...
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    Day-Trading 2.0 for small traders

    Hi jjrvat From the last post , trading the QM, I would say that the PBP your using in this instance is based on price structure HH-HL etc but not nescasarily in tune with the macro direction on this time scale. Your point of reference H0 instead of using the 240 wma gives trades but not...
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    Day-Trading 2.0 for small traders

    Ref ; Stops, I use a 260 volume bar on the YM this equates to waves (in less volatile conditions ) which can produce 10-25pts. I put my stop above the high of the wave I am trading off which usually is anything between 8-15 pts.Therefore I am getting a r:r of between 0.75 : 1 to 1.5 : 1...
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    Day-Trading 2.0 for small traders

    Hi jjrvat, I will be looking forward to your posts on this subject very much as I believe that the psychological aspect is one of the frailest elements of a trader. Once a trader has established the consistency within a comfortable framework of trading (e.g.PBP) this weakness becomes...
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    Day-Trading 2.0 for small traders

    Hi womblevader, I think your comment of psychological reasons for being a scalper is interesting, especially if we look at yesterdys moves on the dow for example. Massive directional moves , but the psychological challenge of being able to deal with 10 pt scalp x 4 trades which will...
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    Day-Trading 2.0 for small traders

    Amitman , excellent trading , may I ask , PR = Max profit Range. Is the Maximum profit range that which you Actually achieved , or the range which could be ahieved? If the actual profit was less than the maximum profit range, can I ask what method you utilised to close out your trades...
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    Day-Trading 2.0 for small traders

    JJrvat , I have been a consistent lurker for some time but your thread is so fresh helpful and educational it has enthused me to contribute. Great thread please keep it up and I am looking forward to you input on psychology and stops. On your previous post arrows 7 + 8 appear to be going...
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