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I've tried every mechanical breakout type approach you can imagine and none of them worked. The way I trade ACD is as a framework to judge price action and provide some points of reference. You can't just blindly trade breakouts in this market...there is just not enough follow through for...

Sorry didn't see this earlier. Hope all is well with you Bagger and good tradin! Yea man there is def alot of junk out there. I guess you just gotta dig your heels in and do all of the work ourselves.

I don't want to populate this thread with off-topic discussion, but edges don't exist into perpetuity. There is no static edge unless you are a liquidity provider or something of that nature. Everyone has to adapt and use their experience to make judgement calls. Experience is only gained...

Now I do know one thing, is you haven't put in the work to be able to trade successfully. It is evident in what you have posted. Whether your process is flawed or you are flawed only you know that. Self awareness is very important to progress, are you the problem or your price drivers? If you...

What you failed to see when you were learning this craft as that like anything you need to have self knowledge before you can trade. You need to ask yourself, what are my strengths, weaknesses? What am I good at? When you know these things you can start experimenting with different...

You were doing the combine as well...how's it going so far? You posted a blotter earlier but nothing after that?

In the words of Bernard Baruch: “Don't speculate unless you can make it a full-time job.”

Your last paragraph smells of defeat. Once you adopt that attitude you are done! Trading is a business that is cyclical like any other. If you want something that is consistent go into law enforcement. There will always be crime. In all seriousness...take some time off and clear your head...

Your problem is simple. You don't treat trading like a business. In order to excel in any profession you must have a passion for it! If you lack the passion you will not be able to push forward and succeed. If you decide that you still have some desire to trade and have retained some of that...

I want to share a book that i recently read...I think it will be helpful for any trader. Beginner or advanced. Peter Brandt's, Diary of a Professional Commodity Trader. Brandt is a true professional and his approach to money management and treating trading like a business is golden...

You can trust me though and I am saying the same thing he is! Haha

Forget the news man. Focus on the action of the market. There doesn't have to be a reason for every move! When we find out the reason it will probably be at much lower levels and it will prob be time to buy then lol "I see the younger generation hampered by the need to understand and...

Hope everyone is having a good weekend. Just finished up with some weekend homework and there were a few things that stood out to me. The equity market as a whole is still strong, but momentum has significantly came off. What you will be seeing into year end is significant rotation. Paying...

Maybe you should clarify how average? Are you constantly trading around positions or are you using it as a tactic to get out of a bad trade. There is obviously a big difference between the two. Any trader that i met that does well with averaging usually is very good about trading around...

Dude, stop trolling. If anything Dustin could teach you a few things, he's a good trader whos been around for a while. Also, different trading vehicles have different personalities. Nothing trades exactly the same. Dustin, may very well have an edge in the way he executed the trade.

Riffraff, There are many different ways to trade. I know several traders who routinely add to losing positions and do very well. Of course it is all about context, and it requires experience to know in what context to add and what context to not. I do not add to losing positions, ever...

Classic Trade guys. All risk assets broke out, crude didn't. Lots of weakness, but no one knows why! This is what the Fish talks about.

I don't now how exactly the rules work in regard to product selection. But dude, you said you traded equities for 10 years. You know that volatility is very cyclical, so sometimes Crude is very tradeable, other times its the grains, metals, and even the indices. People that are making...

93.97 print...here it is folks. Watch the action here

Yup. Gotta watch this thing through 94...monthly is right in that area. Taking that thing through that level on momentum will be the play if that setup happens.