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Thank you for the explanation Riaamaan. If i may, what kind of stop is implemented? Daniel

Jagmot, Thank you, I will be anxiously reading it. Daniel

Volente, How do you know when to start counting for the Rule of 10 ? Reason I ask is because many times the swings don't move 10 points or move much more so not sure exactly where to start. Thank you. Daniel

Thank you Anek for the charts, always appreciative of your sharing. I see you are trading a modified version of your original AHG and in all honesty it looks pretty fantastic. After taking my paper trading to consistency it is now my turn to go cash although I will start using only 200...

Thank you but I would really like to use Ninja trader as my charting/trading platform of choice. It seems like my best choice right now is hooking IB to Ninja and trading off IB instead of Ninja to avoid the license fees required for trading off the charts. Any additional suggestions...

Thank you for taking the time to post, I learn from your experiences and trading thoughts. Your efforts are appreciated. Daniel

Hi Bogan, 2-3 YMs would be too much leverage. I know I sound like the biggest piker on earth but I can only risk so and so percentage/$ of the account per trade to keep the psych at bay. As far as the SIM there was no reason for me to go cash unless I saw consistency, now that I do, I'm...

Thank you, I will look into this. I plan to trade 100 SPY, would trade less if I could, if they are charging 9.99 per RT I could get beat up in comm with such rate. I think I'm going to need a broker that charges per number of shares. Daniel

Greetings Traders, I'm a SPY/Qs daytrader and after evaluating Ninja Trader for quite some time I have concluded that it will be my trading platform of choice. Now that I have graduated from simulation (did ES/NQ for 3 long years in SIM) I am ready to go cash. I'm looking for a way to...

Susana, Once again, thank you for taking the time in responding and illustrating everything with such clarity. One argument I cannot let pass is using "3BRs" and "Matching Lows/Highs" vs entering like Trader123ABC at the support or resistance level. Could you please expand a bit on...

Susana, Thanks for your charts, they must be a lot of work to create. I hope it's not an inappropriate question, I notice you do not scale out, are you trading 1 contract or that's your preference. Do you trade everyday ? Thank you again. Daniel

I think Ironfist offers some legitimate questions and concerns it would be nice if Jrvat addressed some if not all of these issues for the sake of discussing his method. Daniel

When I see higher highs and higher lows I will buy pullbacks until then the bear is strong. Daniel

That is because there is not any. It's all about confluence, finding the majority of the volume agreeing on a single direction, whether that's 1 trader or a million. Daniel

The market psychology forces you to do this. "It had enough, it can't go any lower, shorts will cover, this is too cheap, oh look, this is a double bottom, look at the stochastics, they are crossing in oversold territory". In essense it makes you think, all the amateur stuff that does not...

You are displaying the qualities of a professional trader in the little time you have dedicated in this journal. Thank you for your time. Daniel

If you do futures you got several options: Ninja + Mirrus Ninja + AMP Ninja + Infinity If you got ELDs/Strategies you would like to keep using Multicharts + IB Multicharts + Infinity Daniel

I've had it, dumping Tradestation, enough is enough. Daniel

One thing that also helped my trading was to get rid of all indicators. I now just use lines and would never look back. Daniel

Many times the market rallies when going from a lower low to a make a lower high. These trades I will avoid. It's better odds to just wait for that lower high to form around resistance and short it. For numerous reasons but a very important one is that your stop is well protected...