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Already factored in price.

Personally I trade every valid signal my system gives me, since I have no idea which one will be the next big one. Setting cash figures is pointless to me, since I'll trying to "make something happen" , when there might not be anything there. Just focus on trading your signals and if you...

Moving averages , I use a EMA 50 on a 3 min to determine any longer term changes. Also, an EMA 5 and 15 on a 1 min while looking for crossovers to determine trends. If I see a lot of overlap and "braids" , then there is significant chop. Some people use ADX and a Slow Stochastic...

In general, I wouldn't. The only situation would be if you know you entered too early on a trendline break and you realize it , but your overall signals are still valid. Then you can take another position on the weaker retest (i.e. a right shoulder , double bottom etc). You will have to...

I traded my soul to Satan to cover my margin call.

http://hquotes.com/tradehard/simulator.html 80% wins, 1:3 ratio could potentially be profitable. Not to say that it is any more profitable than other systems in the hands of the right trader. Personally, my ES system gives me signals that moves in my favor by 1 point or more about 85%...

http://www.infidelguy.com/funnyclips/starwars-triumph.wmv

So you're basing all of this on a candlestick pattern ?

A good trader makes money every month.. A great trader makes money every single day. Both require knowledge, iron discipline, and a near obsession with improving.

I think people tend to buy used cars that are located close enough that they can go and take a look before bidding. There are also services that will inspect them for you. [/B] I actually bought a used car over the net. Flew from Atlanta to New York to make the deal and then drove it back...

wow, are they still hiring ? I need a job

General knowledge stuff with some gray area stuff tax saving ideas, deductions, business expenses, regions of the US or world that I could save on taxes from trading, etc. ? :D Thanks.

Any stats on the rest of the presidents after WW2 ?

He was talking about the 12th (the 13th did alright, 11 pts), which didn't perform so well for me on the ES. I use a medium length scalp system and wouldn't benefit at all from trends. I get in when trends change, capture the initial breakout move, and then get out. .. so if it continues to...

If you have a scalp type system that never has a losing day , then sure .. that can work.

Midtown area can be a lot of places.

Thanks, the system is based on visual trendline breaks and setups on the CCI (Woodie's system) which would be impossible to program. Therefore, I've been keeping a real time trade log of the system setups on a trading simulator for the past 4 days: 23 wins, 16 losses, 2 BE about 60% Wins...

When I was chopping around , I always found that my worst days come right after very good days. Seems like I get overconfident and fail to respect the market (overtrade, trade too big, trade so-so signals) and what it can take away from me.

Oh no, the system I use is publically available anyways.. just wondering how long before I can say I've gone from a chop around break even trader to a profitable one. For instance, 1 month of winning can just be a hot streak .. ya know.

Personally, if I was a new trader .. I'd take out whatever profits over the base $ and put it in the bank. That way, there will be less to lose and less mental motivation to trade bigger than the base amount. As far as someone already profitable, then of course you'd want to adjust your...