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ES is up on crap for volume. Should be interesting.

Didn't trade today. Will continue tomorrow, 9/17.

Yes, that is exactly what I've been doing during the two times that happened so far. Makes order entry a little confusing, but not really that hard. Thanks for the comments!

I really wasn't specifically refering to the method I posted. Mainly my only concerns are blanket statements that mechanical systems don't work, indicators can't work, stuff like that. No one really knows what might work for them and what won't until they've tried it. And even then, they...

I have no doubt at all that your statement is true. I'm sure that methods that adapts to market changes work wonderfully. But I wouldn't use that to say that methods that don't adapt to market conditions are bound to fail. Surely profitable methods exist that work indepenent of market...

Nothing wrong with asking questions at all. I guess there is nothing wrong with criticizing either - but that doesn't make much sense to me. But then again I'm assuming that everyone's goal is to make money. It doesn't make any sense to me to criticize something as long as it accomplishes...

Does it really matter what you are doing, or what you call it as long as you are making money? Why all this worry about "how" making money is done? If someone is making money it doesn't matter if they are doing it by using 100 indicators or by trading based on the shade of the dark circles...

Thanks Mike - I'm not sure that says much though :D

You are comparing apples and oranges. The main flaw here is that even if you consider a "set of spins" an independent event, the casino doesn't let you bet on a "set of spins". The odds based on anything other than what can happen during a single betting cycle are irrelevent. If what you...

How can you work on Saturday - the markets are closed. Oh.

What so hard about understanding that each time the wheel spins the odds of winning are exactly the same no matter what you do? I'd get my money back on that class if you don't understand that.

That's such BS. Every time the wheel spins, you have exactly the same chance of winning or losing. You bet size doesn't matter one bit.

Mechanical.

Runningbear - Exactly how does increasing your bet change the chances of winning? If it did, it wouldn't make any sense to do anything other than start with the bet that "increased" your chances of winning in the first place.

IMO, doing that is just as bad as trying to average down unless you are going into the addition as a separate and distinct trade. Just simply adding on to a winner because it is a winner will probably start eating into those winners bigtime. When you add-on, the market only needs to pullback...

I don't think there are any markets open right now. He'll have to wait until Sunday evening. :D

My thoughts are: How much money are you making trading this way? If you are not making any money trading this way - why would you ask why anyone would trade using an indicator other than price? Who cares how/why anyone trades as long as they are making money? Isn't that the point? Not who...

Cool. Maybe I can get an indicator named after me - quachastics sounds cool. :D

Nah, that couldn't work, could it? That isn't how you are supposed to use stochastics. :D

Surely there is more than one way to use any given indicator. Again, why limit yourself to using stochastics to indicate "oversold" or "overbought". Maybe I based my decision only on the spread between %D and %K at the given time. If more than 23 I go long, less than 23 I go short. (not...