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Maybe you can start a new journal and make it work this time.

Love the Chongas !!

In my opinion, the trivialization of an advanced topic yet continues. Good guys good people, let's agree to disagree. Best wishes in the new year.

With all due respect to those who got involved in the "Help I've been chopped" thread the discussions were elementary at best with a lot of general basic comments that most traders should know before entering the market "battlefield" Death by a thousand stops is nothing to take lightly in...

You can't use technicals to predict earnings reports, and as you know AA will soon kick the earnings season. Sometimes, info leaks and you can see the footprints of big money behind such leak, but it's reliability is far from desired due to "traps" big money is also famous for laying.

You need to know how to properly define a trend first, then categorize the various strenghts of weaknesses among them. The strongest trends (up or down ) wont constantly or frequently revisit it's initial trendline or fast moving average for "tests" and these are precisely the ones you need...

Bullshit.

And you live in a fart cloud.

Some of you seem to be living in a fart cloud.

Suggestion: Make sure you have a profitable system before you invest too much in your setups. Many get excited about trading, only get excited about consistent profits. Sorry for the harsh reality.

The biggest challenge for counter-traders is not getting to the mean, but not missing the easy trade, which is the trend resumption, if any. In other words, if you counter trade but you tend to miss the trend trade, you doing it wrong and this is what typically happens with inexperienced...

It has been measured and compared, just not shared very openly.

Absolutely, but let's look at the advantages, smaller stops, higher frequency, potentially bigger rewards.

I could show you in the 30 seconds chart provided you had the same knowledge for the 15min. Point is, the good stuff, works in all timeframes.

Those that consider fast timeframes unreadable or crowded with noise, simply don't know how to read them or don't know what to look for.

You are referring to multiple timeframe alignment, this is not what he or I meant. We are talking about noticing the fast timeframe accomplishing great things in the price action of slower ones, hinting that a potential ride could develop, leading, ironically, to multiple timeframe alignment....

Nothing is noise.

As a 24 hour trader, what you must do, is learn to take the signals off the fast timeframes but always keeping an eye on any rapid development accomplishing significant changes in the slower timeframes, as this could turn what started as a scalp into a multi-day hold, therefore obtaining...

I agree that the vast majority of posters in ET are net losers, which is fine, it is the norm, the problem lies in these losers giving opinions as if they were consistently profitable traders. On top of that losing makes traders bitter, which adds to attacks, negative moods and overall bad...

It's not just about making money it's also about being able to scale your stategies with heavy size as you progress with consistency and profitability. Averaging down gets in the way of this, big time, and for that reason alone it is seriously an inferior money management strategy. The...