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Mark doesn't say "adopt a more relaxed way of trading" anywhere that I can recall in the book however whenever you are trying to improve some things will help and others will not. I preferred the disciplined trader but the advice he gives is helpful --- you just have to work at it and trading...

But the question is "Why do most traders lose?" not what is the most important element. I've run into hundreds of "traders" in chat rooms and most are not succeeding yet. A few times I've tried to teach someone else but now I refuse because I don't believe I have what it takes to teach...

I think you're right but recall problems I experienced earlier on which disappeared when a different strategy was used for backfill requesting. When a problem disappears one is just happy to see the back of it.

Today, with a bit more range the difference is more marked. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1160362">

What good is a backup broker? If you place your stops and limits almost immediately after your fill then they are probably useless.

"I think the problem is with IB not with my charting software. The more charts I have up, the slower the backfill is and the more likely my system freezes" We seem confusing backfill, the way its done and the number of realtime charts. You can have 100 charts open in real time on a...

sungong, There is a basic mistake in much of what is posted. Like this thread it is assumed that one "something" is valid for a successful trader. But its not true. Some successful traders: - screw around - dont screw around - lie to others - deceive themselves - have huge up and...

Interesting that on days like yesterday with little range very few bars are incorrectly drawn. Is there anyone from IB with an interest/understanding of this issue who would like to comment?

The lunch gap will usually follow a trend on the nikkei during that period (FWIW)

I never realised Sierra Chart could do 1+fractional days nkhoi -- now I'll just have to figure out why I would want to do it. ktmex, oddi, SC has a dll interface that provides huge flexibility (so huge I've lost track of some of the things other programmers can do with it) in how you can...

I think its finally coming together ...

LOL .. this is a laugh .. think about it! Internet ping =300ms round trip > 150ms one way Reaction time =15000ms to 45000ms depending What does 150ms really do?

Great advice too. If you have "better setups" or some trades that really are great win raters then limiting yourself to them after a losing streak will pick you up again.

Gaps don't make a contract bad for daytrading although they might make it bad for a particular style. HSI has huge gaps but is great for day trading (with my style).

I don't mean the laptops Nkhoi, I mean the new standalone processors ... for about 215 retail you can buy a std processor that can be overclocked up to the extreme processor performance levels with std cooling (or not overclocked if u wish).

Yes. Although because most new users probably try similar methods and have similar fear>failure reactions I suspect that most find similar markets "hard."

The advice about figuring out why and fixing it is good advice. But you might find an intermediate step helps. Try taking a 30 minute walk to calm down and break your bad set then come back and go thru your premarket routines again to get yourself setup. The retrade the initial period in...

There is harder and easier and it depends in part on how one trades. If extreme moves scare you then HSI can be fairly scary (20-30 tick gaps during the trading day on a breakout and sometimes can move 100ticks in a few minutes vs normal situations where it will stay within 5 or 10 ticks over...

LOL. I won't argue that US futures are harder (try hsi sometime) but I am amused that you moved from forex to ym/er2 and became profitable. You might find that if you moved back to Eur/usd futures (assuming you use a trend following/intraday swing type approach) it would make you more...

And for hsi's datastream it would be helpful for the datapackets to include the interval extreme. The red bars are fridays 3m real time datafeed. The green shows the backfill and the missing data. http://www.elitetrader.com/vb/showthread.php?s=&goto=lastpost&threadid=73376 <img...