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Jack, Thanks for addressing my questions. As promised, I'm back with more today after reading the thread up to page 39. It took me four hours, but it was worth it - I see the method in its intended perspective now, and even beyond that, the rhythm of the market throughout the day. Thanks to...

Jack, thanks for the feedback. The reason I took the entry is that the signal was triggered, with volume on the rise and enough room to resistance. One additional reason was that price crossed the 20 SMA. Before looking at your method I was trading an MA cross that tested well, was capturing...

There's a Bright office in town, so there should be some traders there :p

... simulated. I haven't thrown any money at it until I gain enough confidence in the method. Besides, I haven't been doing too well lately ... I will attempt to trade it in a very simplistic manner, as I didn't have time to read the whole thread and get to the part about fine tuning (got to...

I don't claim to understand everything he says (such as fractals and harmonics, wally :p) but I grasped the basic concept of the strategy: entry long/short on overbought/oversold stochastics, and exit when they are no longer overbought/oversold. It's supposed to work only in fast paced markets...

Did anyone else have a hard time logging on with Stock Watch Pro this morning? It only got through at 10:55 am, after "refusing connection" the whole morning. My LiveCharts account worked fine, so I assume it's a Stock Watch problem. And it's been real slow lately in the mornings.

While simulating NQ, I noticed the 3 daytrades sitting in my account, so today I went for it. Faded NOK right after the open, but chickened out too soon for +0.06. It went up another 0.40 after that! Then faded KG after 10:00 when it started to bounce (after Briefing piece that UBS defended...

Maybe he tried but never got an answer ... I sent the following message to Amibroker and didn't hear from them in a week. Anyone here can help me with that, wally, paradox? Thanks.

If you recall, my main strategy for trading EMinis was an MA XO. Works fine in backtesting, but sucks in reality. The reason - it's a lagging indicator, so the actual cross happens only one bar later ... And if you backtest this, it tells you it's a loser ... So I gave up on MA crosses, and I...

db, Thanks for the advice. I rewrote my rules and made a short term plan for trading. Generally I will simtrade NQ and refine the MA XO strategy, and do a daytrade here and there with tight stops (back to PDT :mad: ). Once I'm happy with the simtrade results, I will add more money to my account...

You nailed it brother, it is totally a discipline issue, and it's deep rooted too. I've always done things my way in life, and had a tendency to ignore the rules. This is my fiercest demon, and I am fully aware that I MUST overcome it if I want to succeed. I thought of a countermeasure: I'll...

Funny that you should mention it - it knew it was the expiration friday, and I went directly for the March contract of BBY, but it never crossed my mind to stay on the sidelines - yet another lesson from "our lady market" :). You're right, my emotions do skew my entries/exits much the same way...

Hell yeah you should. There are a few traders in Vancouver, and I'm sure more would reveal themselves if the firm would set up an office. So you're with the same firm I take it.

My account dropped below $2k today. :mad: Here's why: Had one day trade left - shorted IMCL around 9:45, but it caught a strong bid and took out resistance at whole number - got out. -$10 Then saw on Briefing that BBY was approaching its monthly high - bot one March contract on the...

No, I'm in Vancouver. I didn't see the "in Whistler" part, I thought the office was going to be in the city.

I know, he mentioned it to me. It'd be really cool to have a trading room up here.

What a gruesome chop in the morning! Shorted QLGC Feb contract after QLGC failed at $35.90 Short 1 at $35.75 Cover 1 at $35.90 (stopped out) -$17 If only I had a wider stop ... QLGC failed again at $36.00 and dropped to $35.45, where I expected it to drop in the first place. Oh well ...

Jack, If that's what you mean, it looks like an interesting model. Do you care to explain how you use it to trade?

TSOKAKIS, What software do you use for backtesting? From your screenshots it looks like it has some nice features. Thanks, vorzo

Thanks Jerry, I got it to work. To those slugging at your software: Get a life.