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The 1:1 and trailing have to be set for the market you follow. In HSI, trailing to be+ too quickly just results in u giving money away so I dont do it. One option might be to set ur first half at 0.8 to 1 or some number that gives a high enough win rate to still be ok and that could make it...

Not that I use cci much anymore you don't need another indicator. Because the CCI is price-sma of average price then a +ve 50cci says that price is over the 50sma. So that sets trend and then the 14cci can be used to trigger trades in the direction of trend. Personally I just use price vs...

LOL. The hang seng is run by a warm cuddly bunch of guys soley for the purpose of making it easy for us beginners to take home a few bucks each day :)

I liked Dave's post too. Don't worry about my provoking you on Forex ... just wanted to get your attention. I still don't understand how you exit with a profit. Are you trailing stops? Are you putting a limit in at some position relative to the support/resistance? Perhaps half each way...

A number did. And some then spent the next 15 years predicting similar or larger crashes incorrectly while dining out on their big success (Prechter, Elliot Wave). Predicting it isn't imo the real issue. The real issue is to make money out of the predictions you make :) If you want to be...

Sadly there is an element of Islam that you ignore. Spend some time reading the words of the prophet and you will find that he provides the justification of religious violence and advocates it as one of the primary tools for achieving an Islamic world. Terrorism comes out of disputes about...

I'm with Mountain, Far too much negativity. If you don't start then you'll never succeed. Good luck and come and try the HSI futures sometime. Its a great index and americans can trade it in the evening after work. 6.40 a point and less than 1 point round trip commission if you get an...

Its not actually clear that he has a plan. If he hasn't got one then how can he overcome fear. He has only posted once on this thread and has since posted on forex (lol ... god help him) So all the good advice in the world is unlikely to help :eek: PS. I'm beginning to worry...

If IB overcharged you a little on comm (and because they have great systems they, unlike your other broker, might well not do it) then they would also refund it quickly. In each of these threads in the past where significant time has passed and the issue has actually been explained to ET'ers...

http://mastermindforum.com/phorum/list.php?f=9

Nahhh. Labelling it borderline personality disorder is: 1. An incorrect diagnosis as the behaviour doesnt match the description in the link (check the DSM-IV-TR diagnostic criteria). 2. Somewhat obsolete anyway "This idea has since fallen out of favor" 3. And over doing it ... possibly...

I hope your right about your direction. I will average down in specific circumstances but always have an answer to the question - when will you know you're wrong? I got my copy of tradestation cheap from someone who averaged down into corn I think as it achieved lower and lower lows. When...

But, forgetting whether you can or can't make money on the stake you have (its just a scaling issue, work abit more etc). What are your rules for exiting? What does your plan say? Are you obeying your plan? Is your plan good enough (see the prior thread I referenced where, sadly...

Not disagreeing with the previous posters but would you answer one question for me please: Have you got a plan that says when you will exit your positions? Also you may find some food for thought in this thread: http://www.elitetrader.com/vb/showthread.php?s=&threadid=76477

If its part of your plan and you've tested it and it works --- it's a good thing. If you're doing it because you're emotionally responding to a trade thats going wrong its a bad thing. On plan=good. Off plan=bad.

If you want some basic ta just join (free) lbr's site and read the book that you can download.

A nice bounce for a couple of years would suck in the complacent. Have you ever noticed how most of the big stock market "crashes" were preceded by a lower or, at least, weaker high of a month or two duration. Said high takes the last fools :) Property markets seem to have a slower...

Jango, You might like Sierra Chart. Unlike quotetracker you can code as much as you want using worksheets (like setting up relationships in excel) or you can go deeper and faster using C dlls. Unlike quotetracker you have access to as much historical data as you've collected or...

Interesting thinking. I have a related view ... the messier the market (on whatever timeframe) the more promising the move that will finally emerge from the mess messy = more chaotic = harder to extract money How does he explain that the water will turn around and go back uphill?

Still discussing ideas as long as they keep it at that level :)