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Huios, 3 trades today then target reached. See attached

Nkhoi, I notice you use Qcharts beta version. Does your CCI indicator work? Regards

Well Huios are you getting confused yet by everybodies different ideas. Not really a good environment to be learning from I suppose. Too many ideas only confuse things and the best way to trade is by keeping it simple. I won't post my ideas anymore but I will post a few charts every so often...

Qwiktrade, I agree with you. Take the good setups. Patience is what's required. If you can see a good setup you don't need a big stop. I have posted good low risk setups here before that work with with close stops. Face it, a good setup does not need 3pt wiggle room. Your setups are no good...

GJmason, Tell us your reasons for entry and exit and I will evaluate. Figures mean nothing to me especially when there not mine. Is this real trading or on paper?

Ron, No I can't install, all I can do is download it then I try to run it to setup stage and it won't go any further. I double click on the icon and it says "there is no Qcharts beta available at this time" Don't know what to do next..

Can anyone tell me how to get the beta version up and running? Have tried to download it from the help menu but without success.

Sean Juan, I f your method works for you great, breakout trading is a part of my arsenal but I do not take every breakout. Is it the emini SP you are trading because as you will know it is prone to false breakouts and quite often these are the best trades. How big is your initial stop...

I agree patience and discipline are the keys. The setups are there everyday but unless you have these 2 factors in your trading plan you are history.

I have attached a chart with some low risk entries for your trade 3. I took the breakout trade. Hope this helps. Regards

This is where discipline comes into my trading plan. I am the same, I could keep hitting the buttons all day but the only person that wins is my broker and I hate that. Over trading is something I am aware of thats why once I reach 4-6pts profit I stop for the day and I don't care what happens...

I know alot of people won't like what I say because they can't believe people can make money with tight stops. It doesn't matter to me what people believe. I am not here to prove anything to anyone. I will just keep doing what works for me. This didn't happen overnight its taken years of...

No I have not. I try to make 4-6pts then I stop trading. Lets not get carried away here, as I said its only 2mths big deal.

nkhoi, I have posted charts here previously giving examples of trades with 1pt stops. I trade 1 to 2 contracts and average 70% winners at this stage although have only been trading real time for 2mths but have done shit loads of study. Number of trades per day depends as I only trade the...

As everyone has already seen on this thread I only use 1pt stops and sometimes a maximum of 1.5pts. This works for me. If you know where to put your entry that is all you need. I do not understand how a % of your bank makes any difference. If you put a trade on to go short at a double top...

Sunnyskies, The way I trade off support/resistance is the same for all my methods or most of them, is wait for confirmation. If say 1000 is support and price comes down and sits on it wait for either a higher low or a break of the high of the bar. Same with resistance only the other way...

Maelstrom, I have previously posted 2 charts on this thread with trades. All trades had 1pts stops. They are SP emini trades. Also today this example will please the people that advocate large stops. I have had 3 trades for a profit of 2.75pts, however if my stop was 2.25pts I could have made...

Beltway, You said larger stops are the better way to trade. How large is that in your case?? You also said you can't control losses with stops. Thats exactly what I use them for. You have missed my point which is some people still have to work on their entry not just their exit. I never...

Instead of convincing Huios to make his stops larger why not work on his entry. With the right entry you don't need a bigger stop. With bigger stops comes bigger losses, with bigger losses comes no bank. Good trading either way.

Huios, With trade 1, I also took that one but as it was coming off a .382 ret off the daily high to low I went long at 982^6 when it broke the previous support bar. I also shorted trade 2 but at the double top not just below it as 3dog says price does gravitate towards old tops but usually...