Search results

  1. S

    Experienced trader feedback wanted - doubling positions when in a loss

    Yes thats me, I am a room moderator and we take care of the statistical study and programming stuff, like autotraders based on the same strategies, etc. Thank you for the warning. Like i mentionned earlier, My partner's involvement in murrey math and position doubling is new, he hasnt...
  2. S

    Experienced trader feedback wanted - doubling positions when in a loss

    i dont own it it belongs to Finn B. Hansen. Hes from norway
  3. S

    Experienced trader feedback wanted - doubling positions when in a loss

    thank you again. Let me explain what we are doing now so youll see whats going on 1) im trading using a method im familliar with ( www.ttwmacci.com ) and im getting good results. Its a fibonacci and momentum based technique. im not looking to change or anything. 2) my partner (we have...
  4. S

    Experienced trader feedback wanted - doubling positions when in a loss

    exactly so far, it did worked good (he trades in sim since he just paid 4000$ for the murrey math gold package and hes learning it) because every time he ''doubled'' he managed to get out of the trade be+1 (he wants 15 tics targets on ER, or 6 on ES, which is 1.5 pts) then as soon as a trade...
  5. S

    Experienced trader feedback wanted - doubling positions when in a loss

    The only argument that i can see for this doubling position strategy is that every time you double your positions, it brings your avg price pretty close to the current price, and its easy to get out be+1.
  6. S

    Experienced trader feedback wanted - doubling positions when in a loss

    yea this is exactly the source of the argument. One loss will wipe the account.
  7. S

    Experienced trader feedback wanted - doubling positions when in a loss

    its very hard to talk him out of that strategy, because he had like 45 winning days in a row, his confidence in this is off the scale. We trade together so i fear he tanks our joint account.
  8. S

    Experienced trader feedback wanted - doubling positions when in a loss

    thank you for all the replies, please keep them coming. The reason why i posted this here is because we got into an argument on the doubling positions all the time when in a loss rather than accepting and taking a loss.
  9. S

    Experienced trader feedback wanted - doubling positions when in a loss

    Hello fellow traders I have a small question about position doubling. One of my trading buddies Trades using the murrey math in sim and he doubles positions on the russell 2000 and SP500 eminis every 2 points the trade goes against him. (start with one contract on entry, then 2, 4, 8 ,16, 32...
  10. S

    four monitors

    to kastro : unfortunately your most likely wont be able to use the onboard card at the same time as your add on AGP card, since they both would use the AGP bus and thats very unlikely. what normally happens is that when you plug a agp card into the socket, it disables the onboard card...
  11. S

    Favorite indicators for trading the S&P500 E-minis?

    by supply and demand do you mean the $ADV, $DECL and $ISSU ?
  12. S

    Favorite indicators for trading the S&P500 E-minis?

    i am a newbie on the day trading scene, i have been a fund manager for a financial cabinet for about 2 years. I quitted for day trading because of the potential the eminis have. my target is 2-4 points a day, as soon as i close a trade and i have at least 2 pts ill stop for the day and...
  13. S

    Favorite indicators for trading the S&P500 E-minis?

    What are your favorites indicators when trading the e-mini sp500? i use moving average volume RSI stochastic MACD donchian channels bollinger bands parabolicSAR all in esignal on multiple 1min charts. i also use a 3 and 5min charts What are other traders using?
Back
Top