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  1. J

    Naked Chart Based Trading PRM style "LESS IS MORE"

    I prefer second touch . I used to wait for confirmation, but changed my strategy, the lower you buy the better the r:r ratio opportunities.
  2. J

    Naked Chart Based Trading PRM style "LESS IS MORE"

    You could trade levels of any instruments, what you need to keep in mind is to only trade the ones that are very liquid. I don't look at multiframes any longer. I do look at various frames, just don't cross reference them. I could see something I like on EURUSD Daily chart & another setup will...
  3. J

    The S&P 500 has topped at 2430 on 6/1/17

    I'm certain bookies have their risk modules in place, as they are regulated by the FSA it's safe enough not to worry about how bookie lays the bet in actual market, if at all. Remember, majority stand to lose long term, so by laying bookie wins as long as risk module is adhered to. Bet365 made...
  4. J

    The S&P 500 has topped at 2430 on 6/1/17

    Spread betting is essentially betting, you pay extra spread when placing guaranteed stop loss orders.
  5. J

    The S&P 500 has topped at 2430 on 6/1/17

    And if it gaps down?
  6. J

    Naked Chart Based Trading PRM style "LESS IS MORE"

    That's a nice comment, thank you!
  7. J

    Naked Chart Based Trading PRM style "LESS IS MORE"

    The Good, The Bad & The Ugly. There ought to be no ugly decisions when backing ANY event.
  8. J

    Naked Chart Based Trading PRM style "LESS IS MORE"

    Reward:Risk ratio is of most importance to traders that are not in possession of a high win 'sauce'. I like that ratio to be around 3/1 (risk 1% gain 3%), as it's both realistic to achieve and provides sufficient gain to make a net profit. A win rate of just 25% puts you at breakeven, anything...
  9. J

    The S&P 500 has topped at 2430 on 6/1/17

    I like how this is looking for a retracement lower. Not a top call, FWIW I am not seeing a top on longer term charts ATM.
  10. J

    The S&P 500 has topped at 2430 on 6/1/17

    Gosh, u'r one arrogant putz.
  11. J

    The S&P 500 has topped at 2430 on 6/1/17

    About moving stops, it's a personal decision, if you can afford adjusting the risk, then why not? No right or wrong really, as long as there is a rational reason behind it & not emotional attachment. Moving stops is a bit of gamble as you can never know where price will actually turn.
  12. J

    The S&P 500 has topped at 2430 on 6/1/17

    Joined Vol via Naz bet.
  13. J

    Naked Chart Based Trading PRM style "LESS IS MORE"

    Short Naz, 9 up days in a row, enough is enough.
  14. J

    Naked Chart Based Trading PRM style "LESS IS MORE"

    Trading levels you're either on the right side or the wrong side. Thankfully, 'stop hunting' doesn't take place all the time.
  15. J

    The S&P 500 has topped at 2430 on 6/1/17

    Trading levels is best r:r, learnt that from Apex82, major levels are best obviously.
  16. J

    Why is hard to make money? Find trend, stops above previous/high low, TP @ next highs/lows

    So you keep saying. You keep throwing your toys out the pram whenever people doubt you, well, you'd be sceptical if someone told you they've cracked what is exceptionally hard to achieve on consistent basis. Welcome to the world of adults.
  17. J

    Why is hard to make money? Find trend, stops above previous/high low, TP @ next highs/lows

    So Mtrader is the phantom - Spike500? Surely you understand that if a person comes out with a statement 'I can walk on water' he will be disbelieved unless he displays that skill. So it's clear now that you will not display anything of the kind and some will continue questioning your ability &...
  18. J

    Why is hard to make money? Find trend, stops above previous/high low, TP @ next highs/lows

    WTF? Another clown, logged out to read conversations of ppl on ignore list. How old are you? 5?
  19. J

    Why is hard to make money? Find trend, stops above previous/high low, TP @ next highs/lows

    To each his own. Whatever rocks your boat. People ought to have real expectations. Day to day price action will be mostly different, even if you found an edge it will not be sustainable. Streaks, winning and losing ones, will always be around, don't confuse those with having a permanent...
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