Search results

To expand on this. Imagine the following two situations. 1) You are long and your stop is hit at the open of a 5 min bar. The market then slides 20 points before the end of that bar. Doesn't make a lot of sense to wait for the end of the bar before closing. 2) The same stop is hit at the...

Yeah, what he said.

I think that was def's point.

....and you have tried to pull our plonkers before with that 44 wave Gann shite......

I dunno tampa. I guess I'm just struggling with how you can go from this...... to this...... in the space of a few hours.

I too am enjoying the journal. Regarding the lack of bashing, I think that, given that you are showing us how you trade, answering questions, etc etc (and Brandon does this as well) you are being forgiven, given that you contribute to the ET community in a meaningful way. Others, who do and...

Is it me, or does something not ring true in this thread?

I know Quah used tick charts for a reason, but for those without tick charts, or uncomfortable using them (data drop outs etc), it sounds as though, averaged over a whole day, the 2176 chart would average out to about 8 minutes, with the smaller one at 1min (which also keeps the 2176/272 = 8...

Usually this is the case. Where goes the US, so goes Asia. However lately, I have noticed that the Asian markets have been doing a good job of anticipating the US is going to do the next day. This may or may not be case today. Of more importance for the Asian markets is the West Coast port...

I agree. I get the feeling nitro has backed off that wee tirade, and may now be regretting it........but at the end of the day, whatever works, right?

Allen. I too am reading your thread. Don't take a lack of posts as a lack of interest. On the basis of "no matter how much you think you know, you should always leave yourself open to learn and absorb new ideas", I am trying to understand these pivots you use. Looking at a chart of, for...

Is this correct? The "busiest" board on this stockhits site has 7 topics and 99 replies or am I reading it wrong? (Obviously Aphie hasn't found it yet). I think you guys should tell THEEEEEEEEEMan and Zizou to come over to ET. (You can pay me later Baron).

Are you agreeing nitro, or are you being facetious? After I wrote this, I read your comments on Quah's thread, and I am not a trader under your definition. I know myself, and I know that I can never be a discretionary trader (I can do fine for a while, but then 1 mistake and I give it all...

Def (or anyone). What are the restrictions on a non-CFTC approved contract? Does this mean US individuals can't trade it, or does it simply restrict your institutional/CTA client base?

Tampa. I read your journal, and it is like looking in the mirror, but a few years delayed. May I make a suggestion which may or may not help? Note in real time (ie paper-trade) the trades you don't take for whatever reason (MA sitting in the wrong place, higher time frames not in agreement...

I don't believe it is possible, although some form of options strategy may work. I believe though, at some point, you need to make a determination about which class of strategy (trend following or range trading) to employ - which again brings us back to the original question - how to determine...

Take most of the following with a grain of salt. I don't trade it yet, but I have done some preliminary investigations. I am not yet ready to go, so I haven't followed up...... IMHO there is not much doubt that the Kospi is the best equity futures market outside of the US. I think I saw a...

Given the way his threads ALWAYS degenerate into name calling and abuse (not that I disagree with any of it), and if thread one dies, he simply starts another (mindless) one, I think you're on to something here a-e.

There are these sort of situations, but they never work when you need them to. Take the 2-3k to Vegas. Your chances of turning it into 10k-15k-20k are probably the same or better. Why not just wait the six months you need to save said amount (need $15k, "lose the 2-3K because you'll make it...

Although there are guys who can do this (manage the exits when their stops are hit) I cannot. A number of times I tried, and, as you did, ended up screwing it up and getting out worse. Even worse than this, a couple of times I managed it so well, that I didn't get stopped out at all, and made...