Search results

  1. J

    Flip a coin for entry

    Theory: Random entry with a wider target vs a shorter stop. When this theory is tested in a random environment, it breaks even. This is known. What is not known is if it profits in a Forex market. If it did, there must be something non-random about that market. A difficulty...
  2. J

    Seattle

    I lived at 5th and Vine next to the Monorail tracks, about three blocks from Key Arena. This is in Belltown. One night I was walking to QFC grocery on the other side of the Seattle Center and in passing Key Arena, someone handed me an Eddie Murphy ticket and I went inside and saw the show...
  3. J

    Corporation/LLC/ETC....Best Trading Vehicle for Taxes

    I was just over at Interactive Brokers going through the steps of opening a corporate account. When it came to account capabilities, the only options dealt with stocks (cash, margin, options). Whereas individual accounts are capable of all this, futures and more. Why are corporate accounts...
  4. J

    Daytrading Without Stops

    Yes, I may have. What I meant to say is that with a 2 pt target and a 1 point stop, you'ld hit twice as many stops as targets for breakeven. With a 3 pt target and a 1 pt stop, you'ld hit the stop three times as much as the target. And so it goes... JohnnyK
  5. J

    Daytrading Without Stops

    Over a larger dataset, the success rate of this should be 33% for breakeven, minus commisions. I've computer tested this kind of thing over huge data sets of random fluctuations. Similarily, a 2 pt target and a 1 pt stop-loss would have a success of 50% for another breakeven...and so it goes...
  6. J

    The Dawg Pound

    Hi Dawg, What setup are you using these days for: 1. Internet connection 2. Chart service 3. Data feed 4. Broker Any comments? JohnnyK
  7. J

    The Dawg Pound

    Here's the second chart...both based on single contract trading and $4.20 per round turn commissions.
  8. J

    The Dawg Pound

    Hi dawg, Here are two charts depicting your performance, based on all the information I've been able to gather. JohnnyK
  9. J

    The Stochastic Indicator

    Hi Bundlemaker, I must respectfully refer back to your by-line: "I know you believe you understand what you think I said, but I'm not sure you realize that what you heard is not what I meant." Not sure we're on the same page or talking about the same book. I agree with your...
  10. J

    The Stochastic Indicator

    I disagree with the alledged "meaningless"-ness of paper trading. Read the classic "Psyco Cybernetics" by Dr. Maxwell Maltz (hope I spelled it right). A highly emotional/stressful environment is actually the worst way to learn. A playful environment is the best way to learn. I knew that...
  11. J

    ES: patterns & rockets

    1contract wrote: "exit when: - Stoch(14,1,3) fast line < 0.4 (> -0.4) - signal when bar closed - exit next bar" Is that supposed to read: - Stoch(14,1,3) fast line < 80 (> 20) - signal when bar closed - exit next bar Or, - MACD Histogram < 0.4 (> -0.4) - signal when...
  12. J

    The Stochastic Indicator

    Hi Vorzo, I've been following this thread since the beginning. I would like to commend you on the steady detailed contributions you are making here. I have a small request: Could you post, along with your daily and weekly stats, a running log of total number of points...
  13. J

    The Stochastic Indicator

    Jack, Thanks for posting often these clear and detailed charts. They are very helpful. Keep going! JohnnyK
  14. J

    The Stochastic Indicator

    To Jack, I have attempted to graphically illustrate (see link below) part of your response to Dawg regarding his long rocket after 11 am, March 7. I have included some of your comments and my own observations with the graphic. To improve my own understanding, I sometimes cut and...
  15. J

    The Stochastic Indicator

    Jack, I am graphically oriented. Please look at the chart from Jan 6 included below (see link) and tell us how close I am to understanding the points you made regarding: 1. 1 Min bars 2. 3 points to define a channel 3. Dry up 4. Volume increase pushing the change...
Back
Top