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There are very few people sharing very few valuable insights. When that happens, very few care. I think it is fascinating.

The 1st picture is a weekly ES chart. The 2nd picture is a 5min ES chart. The major differences are: - "The cleanliness" of trends is great on a weekly chart. - The slippage, spread, commissions and fees impacts on intraday positions, is huge on day trades. - Weekly charts don't move much...

Heikin-Ashi

Gambling? One of the following picture is an intraday HA chart and the other one is a weekly HA chart. What do you think?

Your request was denied? Just go online to Client Center, and then transfer cash, and then you select the method. What should be available is your cash minus predictable fees for the month (platform, subscriptions, data, etc.). You will also see if your transactions are clear, with no margin...

Yep.. Not sure this is the right place to find what you are looking for. Good luck!

He can find the time to write 3 books, room, forum, blog, teach and run different websites. I guess he doesn't like to trade :sneaky:

I guess a lot of ET members will disagree with me: Having a journal is very important during the learning period only. Understanding our own mistakes is just the beginning. Feeling the need for a journal is great and that is a 1st steep. In that case, no real money should be traded. Paper...

Since the past few months, yes. For medium to long term investments, I created a cycle analysis specially based on Larry Williams, Nicolai Kondratieff and Edward Dewey works. I use macro (from the macro trader) for specifics during a cycle.

In the US, all financial institutions have to ask for the real beneficiaries of the company, for money laundering purpose. If you live in a non banned country (Iran, Iraq, Libya, Somalia, Sudan, etc.) that should be OK if they accept non US beneficiaries. Hope this helps.

Hi Al, You could check http://www.themacrotrader.com. Best, Fonz

I guess you want a micro version: QM https://www.cmegroup.com/trading/energy/crude-oil/emini-crude-oil.html

Hi AlexnderKA, (no irony with my question). If you are in independent trader, with an extensive experience, and comfortable enough to trade with a 150K account, why do you feel the need the work for a prop firm? This is very intriguing to me. Best, Fonz

The risk is also the duration of the investment, the type of investment, leverage or not, long or short, etc. During a great market crash, everything except volatility will go down. Brokers can also go down.

Losing 10% of a $1.000 account is no big deal, but losing 1M of a 10M account is a very big deal. This is why pros don't take high risks.

Here is the Larry Williams formula: (account balance *risk percent) /largest loss = contracts or shares to trade. The risk % is up to you and should be the reflection of your biggest DD. Just apply this formula to your past 12 months of trading (if you keep good records) and check your new DD...

Another perspective shows why the last one was not clever. Stopped at 56.40

A picture can tell a good story. I still missed 1/2 of the trade. Now I am short 56.15 + stop at 56.40

Day Trading With Short Term Price Patterns and Opening Range Breakout, Toby Crabel. 1990

Event trading, Ben Warwick. 1996.