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There is a dangerous fantasy that some beginners have, and I had this fantasy as a beginner. I was a counter-trend trader who traded using indicators and personal opinion. I had mastered the market and considered going prop so I could have the leverage to average down like the professionals do...

CF is a true professional and a gentleman, and I'm thankful for the honor of studying his trades in real time for a while. Until you've seen precision price action trading, you believe 2-6 tick/pip stops are impossible. They are not. On two occasions I've actually placed 2 tick hard...

What you're describing sounds like pure price action to me. As for the rehashing of the same old t/a, I'm sure there are plenty of "gurus" trying to make money selling their knowledge/services because they were unable to trade well, despite having excellent knowledge of price action. That...

Once again for those who need repetition: PA is not based on personal bias, opinion, ego, views. It is based on the fact that price bars in any time frame reveal who wants it more at any given point in time. That's the present, the "now", the hard right edge of the chart. It is based...

Yes, Geez was a price action trend-follower who used a fixed stop/target ratio on every trade. RW also called every trade live in advance, but he was a counter-trend fader who averaged down from extremely overbought/oversold conditions, looking to capture profits from reversion to the mean...

I've posted a lot of trades on ET and also posted a lot of charts with my trades noted. I've been doing the same price action style of trading for a little under two years now, and I only day trade futures (I swing trade stocks/options). With regard to how I trade and how I manage trades...

Whred, why do you want to see live videos of profitable day trading? You'd have to see someone pull it off every day for a long enough period of time to encompass varying market conditions (bull, bear, strong trend, wide channeling trend, wide and narrow chop/range) to draw the conclusion that...

My weekend is ruined. I feel like a heartless cold-blooded parasite. :eek:

I've watched a few videos of traders from Pristine trading live at the trading expos. What I've seen in these videos is pure price action trading (which I'm pretty sure is what they teach in their courses). When I first saw some of their stuff I didn't really trust that style of trading, but...

Check! Check! Here's where we differ. I've found that: PA involves no ego - price tells you what to do; what you think is irrelevant. You can have a bias, as long as you trade price even if it runs counter to your bias. If you do the opposite, then you're not trading PA. PA is good...

The safe bet is to manage the trade according to your trading plan.

At the time of that post, none of the longs were losers, two of the shorts were losers, but only 9- and 13- tick losers, with the average winning trade among them all being 24 ticks. Thanks again, Al Brooks :cool:

I bought oil above 102 on 5 separate occasions today. On the other hand, I also sold oil above 102 on 5 separate occasions today. Please don't get the wrong idea, I'm not claiming to be in my right mind :p

Oh, I'm definitely a barnacle, but I eat a lot of aaples and oranges during the trading day :D

No, I have a complete trading plan based on tactics from the original book. I was under the impression that the new books were published to provide a better-written version of what's in the original. If there's new stuff in the new books that knocks anyone's socks off, please share :D

It's clear to all of us price traders that you have no idea what price action trading is. Although I occasionally (VERY occasionally) use anticipation of level to place a trade, 90% of my trades are pure price action, meaning I let the action of price itself right now trigger my entry into a...

Maybe not the hardest, but one of the hardest if you're not automated. Assuming you laid the proper foundation (research, plan development, testing, practice), there are emotional battles to overcome, then finally the constant focus required to ensure you're the casino and not the gambler. Once...

So, are you up 25% because a) you modified your strategy? b) you learned to trade in a disciplined manner? c) you got lucky for a couple weeks? d) some combination of the above (please elaborate) Trading isn't about luck; it's about extensive research, statistical data to back up...

Thanks :) Now, how do we get the alert price to auto-adjust in real time based on an ascending or descending trend line :p