Search results

  1. schizo

    Opening Range Breakout Strategy

    For those who might be interested, here is the first chapter from Toby Crabel's Day Trading with Short Term Price Patterns and Opening Range Breakout (1990) Chapter 1 OPENING RANGE BREAKOUT (ORB) An Opening Range Breakout (hereafter called ORB) is a trade taken at a predetermined amount above...
  2. schizo

    Opening Range Breakout Strategy

    I know, I know. But it's sooooo damn convenient! No more flipping through dusty books or browsing all those useless webpages. I think this is the way to go from now on. BTW, in the not too distant future (probably in a couple months) you can chat to your heart's content with Alexa. That means...
  3. schizo

    What platform do you guys use to backtest? Looking for code-free testing, if possible.

    Source: Google Bard There are a number of no-code backtesting platforms available, which allow you to backtest your trading strategy without having to write any code. Here are a few recommendations: BacktestZone is a free platform that offers a wide range of features, including the ability to...
  4. schizo

    Opening Range Breakout Strategy

    What is the opening range breakout strategy? (Source: Google Bard) The opening range breakout (ORB) strategy is a technical analysis strategy that uses the opening range of a trading session to identify breakout opportunities. The opening range is the range between the high and low of the first...
  5. schizo

    Two Questions For Practicing Day Traders

    Okay, you're right. He might have been disingenuous about his results, but he also stated that he's opening up zoom for anyone to come in and verify his trading. Why pass up the offer when you have nothing to lose?
  6. schizo

    Two Questions For Practicing Day Traders

    Dude, just chat him up in Zoom and see for yourself how he trades in real time. What more do you need?
  7. schizo

    Two Questions For Practicing Day Traders

    @VSTscalper ain't a scammer. He documented his trades and explained his trades to all the naysayers (click the link below). Not saying his system is fool-proof, just that he's no scammer. Scalping_My Way with ACV
  8. schizo

    ES Journal - 2023/2024

    Out 79
  9. schizo

    ES Journal - 2023/2024

    Short 4380 SL 4383
  10. schizo

    What's the point of tape reading?

    But that's the whole point of using the DOM or L2, at least for me.
  11. schizo

    WHAT IS A SECOND ENTRY ?

    Two things that you should be aware of: Spatial: When something is said to be in-context or out-of-context, you're really comparing one thing to another thing (for instance, X currently trading at $90 vs $85 earlier). Temporal: There's a direct correlation between prices on the shorter time...
  12. schizo

    WHAT IS A SECOND ENTRY ?

    By tea leaves, you mean technical analysis? Well, you might wanna reconsider after seeing this. :vomit:
  13. schizo

    WHAT IS A SECOND ENTRY ?

    First, PA in one instrument is as good as in any other instrument. It ain't like you will need to trade differently between ES and CL. Second, PA is a broad subject matter. It's about convoluted as TA (eg. endless MAs, Stochs, RSIs, etc). When Trader A talks about PA, it probably isn't the...
  14. schizo

    When can we live without this useless Daylight Savings?

    Anyone know??
  15. schizo

    What's the point of tape reading?

    If you're a good scalper, you would know if they're spoof or not.
  16. schizo

    WHAT IS A SECOND ENTRY ?

    No books will make you into a successful trader. All they can do is give you a pointer or two to help you come up with your own original ideas. I would recommend you read Sun Tzu's "The Art of War". Why? Because trading isn't about finding the most perfect setup. It's about being able to read...
  17. schizo

    Two Questions For Practicing Day Traders

    That's a great quote. :thumbsup: Another good one. It makes a lot of sense. But unless you've been doing this for a while, it'll likely just fly over your head.
  18. schizo

    What's the point of tape reading?

    Level 2 for stocks and DOM for futures are invaluable for a scalper. It's like reading a foot print. Once the momentum builds, you quickly jump in for 1 point scalp.
  19. schizo

    What's the point of tape reading?

    I don't mean to sound negative, but it's these kinds of amateurish remarks that obviously make you stand out as a noob. :rolleyes: Tape is the most valuable source, especially for scalpers, when it comes to gauging the pent-up momentum. You can also see all the resting orders, which aren't...
  20. schizo

    Dictums that continue to help me.

    You just get ignored. :sneaky:
Back
Top