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  1. 1

    If you could sort of occasionally call tops and bottoms, which position sizing style would you use?

    Since the topic doesn't have enough space, let me clarify, if you could locate them around 3 by 5 points, how would you position size? You're going to be adding to losers here but it won't matter because you're going to be right sometimes. Assume you get a signal at 1700. You are fairly...
  2. 1

    RSI system

    Wait for RSI to close above 90. Short 1 contract. If price moves against you 2 points, short 2 contracts. If price moves against you another point, close 3 for a loss. If price goes in your favor with 1 contract, close after 2 points. If price goes in your favor with 3 contracts, close 2 at...
  3. 1

    The only post you need to read about trading

    Now I get that the concept with trend trading is to have small losers, small winners, and big winners. Cognitively, I think this would be a superb way to trade. For you to know that you were never going to lose more than $100 on a trade but you might win $100 or $900 that would seem phenomenal.
  4. 1

    Does the answer to this quiz provide any insight into profitable trading?

    Someone writes a bunch of random numbers down on paper and hands you three of them face down. You flip them over one at a time and have to stop when you think you have identified the largest of the three. Move down for correct answer...
  5. 1

    How to Identify Choppy conditions

    There will be some times when you switch and the market switches following. The market's periodicity works like this. Certain times, a 20 SMA will get you entirely winning trades. Other days, it will give you completely losers. Specific times, the data you get will tell you the market is...
  6. 1

    How to Identify Choppy conditions

    Choppy markets are phenomenal to fade bollinger bands. Figuring ahead of time if it's going to be choppy or not is the difficulty.
  7. 1

    The only post you need to read about trading

    Everyone, you are forgetting that most prop firms just average in until price reverses which means the only strategy is to pick a place where you think it's going to reverse soon. Additionally, every time someone posts a thread like this you have all these people who come in like they know what...
  8. 1

    The only post you need to read about trading

    Incorrect. Any time you are reacting you are predicting that price is going to go where you think it is. Every entry is a prediction.
  9. 1

    The only post you need to read about trading

    Warning: reading this post may change your mindset on trading in a way that makes it tough for you to ever become profitable. It's a logic dump from me, and, in years of studying the market, I am yet to find a consistently profitable system. That being said, I want to elaborate on some of the...
  10. 1

    what are your thoughts on indicators that claim to call tops and bottoms?

    According to website they don't alter.
  11. 1

    what are your thoughts on indicators that claim to call tops and bottoms?

    What crossover strategy picks bottoms?
  12. 1

    what are your thoughts on indicators that claim to call tops and bottoms?

    My picture isn't my indicator, I took it from fibozachi.com. I have no idea what they are doing for it.
  13. 1

    Strategy - Indicators

    https://www.elitetrader.com/et/threads/tomorrows-chart-today-part-2.300552/
  14. 1

    what are your thoughts on indicators that claim to call tops and bottoms?

    The issue is can they be used with a strategy that scales in? I'm a tad confused here on how a 1 min chart has months at the bottom. Maybe we should pick some days with big trends and request that they send charts for each of those specific days.
  15. 1

    Strategy - Indicators

    So, indicators lag but that is not the reason they aren't helpful.
  16. 1

    The problem with crossover systems

    There are zero winning trades on this chart.
  17. 1

    is orderflow the holy grail? Observe these charts

    Just a few, honestly, but I wanted to see if it would determine market direction.
  18. 1

    The prettiest chart

    Can you be more vague? When you posted that chart you didn't show how you were using it.
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