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You need an edge, nothing public, for a strategy to consistently work UNLESS you are trading nothing but price action and reacting to support and resistance. Incognito

Surdo, I tend to agree except for the fact that Tradestation cannot do: - Range Bars - Second charts (5,15,30) - No true constant volume bars At this stage, a little embarrasing for a charting package. Incognito

Traders fail because they do one of the following: A) Enter the market without a solid trading plan B) Think they have a solid trading plan when they don't. C) Enter with a solid trading plan but execute it poorly due to lack of discipline D) Enter with a solid trading plan and the...

I think one of the most powerful features of tradestation is the data maintenance they do, especially for futures, for that alone I think they are worth the price of admission. If you are an intraday swing trader, securities trader, swing trader then TS is more than adequate if you are an...

So far so good, don't let the jerks deviate you from your plan. If it was not for helpful threads like this there would be zero reason to visit these forums. Keep it up and ignore the a-holes. Incognito

Except if price decides to chop, it will chop your head off. Keep it real. Incognito

Look for reversals at key pivotal areas of support and resistance, then follow the trend. There is no easier money in trading. Incognito

Funny you mention that thread, been reading it for a while now, very good work. It's a shame he chose to share his most powerful techniques on a closed channel and not on the journal but can't blame a guy for sharing some and not all of his work in public. Friend of mine is one of his...

Red, Price is all I need, volume assists me in determining the stop runs but aside from that, I don't use it for much else. Please realize there are many ways to skin the cat. Incognito

I don't use single contract as it is way harder to manage fear and greed that way if you are a follower of letting the winners run. I chose NQ over other instruments because of my familiarity with the Qs, not because of it's tick value and/or commission rate. Incognito

System is very easy to code and backtest I suggest you present empirical data before trashing one's system. Not saying I agree or disagree about the strategy's outcome over the course of time just about criticism without actual facts. Incognito

First year in Qs, a disaster. Second year in Qs, some profits not consistent. Third year in Qs, consistency. .....transition to NQ looking for leverage. Consistency from the start and although performances has not increased dramatically in the last 3 years in NQ I have been able to...

I don't understand, there is too much hostility here. Have I offended anyone? Been a scalper, ok "intraday swing trader" for six years now. This is how I eat, I'm not looking for lectures, I'm looking for companionship because afterall, this is a lonely business. Who am I gonna talk to...

Aprox. 1670.00 for the day including commissions. Only traded the morning. Incognito

Like I said, I take what the market gives me. The trade starts as a scalp but if it moves, I'll let the winner run, it's the only way to beat the game by letting positive expectancy take care of business. What is scalping considered here, playing for 2-3 ticks per trade? If so, how do you...

Average win of about 10-12 points, thats 40 to 48 ticks. Average loss of 3 points, that's 12 ticks. Accuracy of approximately 35%. Incognito

BigHog, Thank you for your guidance but without sounding modest, I know what I'm doing. Not only do I enjoy it, I do it well and have done it for many years. Every trade I take starts as a scalp but if Price Action confirms it, it might become an intraday swing, it's all in the...

Hi, Glad to see some input. No need to trade the same instruments, scalping and technical analysis in my humble opinion is universal. I'm quite traditional, buy low sell high although I apply a little twist. Eventhough I look for support and resistance, I take it a step further, I wont...

You could take it a step further, by going long on the strongest inside the strongest sector and shorting the weakest of the weakest sectors. The trick is to only do it in a retracement. For instance, you do not want to short support or buy resistance, no matter what. Incognito

Hello fellow scalpers of ET. I am a Nasdaq future scalper and have been doing this for approximately three years now, graduated from the Qs (4 years scalping the ETF) and never looked back. I trade using nothing but highs, lows and intraday-multiday trendlines. In summary, I'm looking...