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    Journal of 123 Setups

    http://www.trading-naked.com/123-reversal.htm
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    NW Traders

    I'm moving up to Seattle in a few months... any recommendations on restaurants, shows, etc?
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    Hey there.

    just look at the chart... answers there
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    Chinook's EUR/USD (E/$)Mumblings

    thanks... i ask because some u.s. fx dealers are closed for certain holidays.
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    Chinook's EUR/USD (E/$)Mumblings

    anyone know if market is open regular time next week, or closed for memorial holiday?
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    Chinook's EUR/USD (E/$)Mumblings

    your english and comprehension is just fine :)
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    Exit methods for trend-traders

    Well... been doing some testing. Seems like using profit targets can perform better than the way I'm using Parabolic for profit taking exits. In comparison it seems parabolic is way too slow. Every now and then parabolic can catch really big trades, but moves like that rarely happen. Maybe...
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    Exit methods for trend-traders

    interesting approach spike... using multiple strategies together. Question is how to define such type of trends. I am unable to do that as of yet...
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    Chinook's EUR/USD (E/$)Mumblings

    hey chinook, good to hear from you. I have similar problem with my current method. Big drawdowns once in awhile like this month. I've realized that it's better to take the most reliable setups and miss more market swings. I was doing the opposite... taking even less reliable setups so I can...
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    What do you do With Someone who just Doesn't

    discipline isn't learned from a book or forum... it's acquired through consistent practice. Follow your rules one trade, one day, one month, one year, etc at a time. In time discipline becomes a habit. You either follow your rules or you don't. That simple. If you can't follow your rules...
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    What do you do With Someone who just Doesn't

    why can't you follow your rules? Me thinks you risking money you can't afford to lose....
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    Exit methods for trend-traders

    Yes I do have ts2000i, but the only thing I know how to program is my microwave :) I know my exit strategy isn't the greatest. It has it's strength and weaknesses. It does meet my trading objective, or shall I call it performance goals. So for now there's no need to fiddle with things...
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    Exit methods for trend-traders

    I'm not an expert... but are your decisions based on emotions or statistics?
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    Exit methods for trend-traders

    I am mechanical.. that's not what I meant by most comfortable. I'm not trading reversals because I don't feel comfortable with it. I trade pullbacks because I feel most comfortable with it. I'm still thinking about the question. It will come in time
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    Exit methods for trend-traders

    my entry is based on what I feel most comfortable... regardless of the outcome. so my exit should be based on what I feel most comfortable... regardless of the outcome. The 20% is what fits my style, and following it is 80% of the work.
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    Exit methods for trend-traders

    ok i'm not confused, this is my final answer
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    Exit methods for trend-traders

    Ok this confused me more. Before you edited you said I was 90% there. My first thought was... there is no answer. Searching for the perfect entry is like searching for the grail, and searching for the perfect exit strategy is like searching for the grail.
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    Exit methods for trend-traders

    thanks for the hint. I never saw it that way. I always approached exit strategy as in trying to make the most money possible. What I got from your statement is that if I have to have a reason for entry, then I have to have a reason to get out of a trade as well. By doing that I have an edge...
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    FX v Futures on FX

    if you'll be trading the other major pairs and exotics then futures has the disadvantage
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    A forum to save images in

    iwc <IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=719827>
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