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  1. K

    Trading Softs?

    Alberto: Of the three, I prefer the cocoa and sugar markets as far as applicability of TA on those charts. For resources, you might find the following site useful. http://www.ino.com and in particular the links provide in: http://www.ino.com/resources/agricultural/ Kermit
  2. K

    How do you handle winners?

    Stocon: A lot has to do with the style you end up being comfortable using. For me, I look for my high probability price pattern setup and signal within a trend, calculate its risk and possible target, enter the trade if my entry signal is tripped, and place my protective stop. When the...
  3. K

    Adding to positions

    Jake777: Since stock prices do not travel in a straight line, there are always going to be pullbacks (at some level of time frame). That being said, it then becomes an issue of your defining the criteria on the retracement that would warrant an accumulation to your existing position...
  4. K

    Newbie question.

    Vas62: ESM03.D = Front month (June/03) day session E-Mini S&P ESM03.E = Front month (June/03) electronic session E-Mini S&P (all hours) @ES.E = Continuous E-Mini S&P (all hours) @ES.D = Continuous E-Mini S&P day session Similarly for E-mini Nasdaq-100 (NQ) I keep an eye on both...
  5. K

    Managing two broadband connections

    Runningbear, Banjo: Thanks for sharing the info! I could definitely use this feature as I have both a Cable and a DSL connection; but currently going into two different computers. Do you know if this has any impact on personal firewalls like ZoneAlarm Pro (or the other way around)? Kermit
  6. K

    Fibonacci Levels on Tradestation 7

    Ebo: I do not, but you can try using the Support/Resistance drawing tool and customize your Line Percentage tab with your Fibonacci numbers e.g. 0.382, 0.618, etc. to achieve what you want. You can also look here...
  7. K

    I feel the entry is also critical

    The point of entry is very important for me because it is the location where I have defined where my edge is. If my entry is based on a breakout from a congested price formation, then at any moment PRIOR to that breakout entry of mine, I have NO EDGE and therefore I am not in the trade. The...
  8. K

    Trader characteristics

    To add to the growing list…the ability to be in the moment; the here and now and open minded to what the market is saying. Kermit
  9. K

    building a pyramid intraday

    I look at the channel lines drawn on both my large and smaller time frames to quickly identify the trend. Pattern setups (flag formations for me) on the smaller scale chart serve as good jumping points to add lots. Kermit
  10. K

    building a pyramid intraday

    heilbronner: I will only attempt to pyramid if there is an intra-day trend in force (like the ones on 3/13 or 3/17). Using at least 2 time frames, I would identify my pattern(s), ascertain their targets and pyramid my way up to the target with either smaller or even lot-size increments each...
  11. K

    PATTERNS -- So These REALLY Work???

    I’ve only explored the principle behind using Fib Ratios, but do not yet feel comfortable or confident applying it in actual trades. So it is not part of my production system for analyzing patterns. Kermit
  12. K

    PATTERNS -- So These REALLY Work???

    al c. Among the many often-repeated price patterns that exist out there, I prefer to use flag formations. They manifest themselves quite frequently not only on any given time scale but on other larger frames as well so, for instance, I can play a flag pattern on the 2-minute time scale off...
  13. K

    Impatience

    bungrider: One way is to try to reverse your thinking. If you tend to pull the trigger early prior to your signal telling you to ENTER, think of how much it’s going to COST you (e.g. execution costs, as you mentioned or trade not working out, or botched up opportunity…), if you entered...
  14. K

    Books about exit strategies

    ggbal: I recall that in Van K. Tharp’s “Trade Your Way To Financial Freedom” book © 1999, there contained a chapter on How To Take Profits where he talked about various exit strategies including: Timed Stops, Trailing Stops (TS), Moving Average TS, Price Retracement TS, Parabolic...
  15. K

    Trading the S&P's

    bos_indicus: I think “nuances” between markets (e.g. S&P vs. single equities or even S&P vs. Nasdaq) are very hard to quantify, not to mention that it can be subjectively interpreted and what you perceive as important nuances or what is not important. To say that you want ideas on...
  16. K

    3 to 1 win/loss ? Don't think so.

    Hmmmm. My experience has been that if you spot a price pattern on a particular time frame to trade (in your case a 5-minute chart), it is also best to structure your stop in that same time frame. If you drop down to the 1-minute to find your stop, chances are good that you will be knocked...
  17. K

    3 to 1 win/loss ? Don't think so.

    tradersaavy: Yes, that’s been my general observation as well. I don’t know what sort of patterns you follow or how you place your stops, so it’s difficult. When you say that you go to a 1-minute time frame to find a tighter stop, are you suggesting that you have spotted a tradable...
  18. K

    Please help on ES questions

    abenyukh: A “futures trading system” can mean different things to different people. It can be as opaque as a black box spitting out “buy” and “sell” instructions to an entity as transparent and intimate as something that is the result of your collective experience and knowledge...
  19. K

    FOREX Newbie

    You might want to check out the resources at http://www.moneytec.com/ Kermit
  20. K

    Please help on ES questions

    abenyukh: An excellent way to start learning about trading ES (or NQ) would be to sign up for a simulated trading account with a brokerage firm and just experiment! I think they start you off with $50,000 in play money and you can see how you perform after a day, a week, a month, etc...
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