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No, I can't really explain it any more than I already have. It doesn't really matter if stochastics don't work well in trends. When you make a statement like that, the assumption there is that the stochastics are being used in the "normal" way, and that they are the only thing being used...

Comfort mostly. No reason to keep going up and up on contracts that I can see - for me, that would be just begging for a disaster. At some point, enough is enough - no reason to try for more just because you can. Funny things tend to happen to me when I start getting greedy. Or not so...

Thanks ANCHOR. :)

I'd never attempt to trade 100 lots with this system, if at all. I'm not that greedy. FYI, I traded 1's on weds, 2's yesterday and 3's today. I don't anticipate ever trading more than 20 or so with this, if I get that far. I'll pause at 5 for a few weeks. I think I can live on 4 points a...

That's true if you use stochastics in the "normal" way. What if you only look at them at specific times of the day? At a specific snapshot in time?

Excellent. I'm glad to have provoked some thought on different ways of thinking about playing this game. Good luck!

I’m going to stop trading for the day – so I’m not going to take the last two trades of the day. I figured I’d give NQ a shot starting today – thinking it might prove to be a good hedge on a losing ES trade. Or maybe hedge isn’t the right word. How about if one is wrong I hope the...

Aha. You say my timing system is arbitrary - and you are correct. But so is every other indicator ever created, and that is my point. This indicator (the time) is just like any other indicator, period.

I don't really care if anyone likes the system or not - although it may not seem that way. I'm just trying to correct any misunderstanding about my thoughts behind why I would even trade such a system, and any incorrect assumptions about the intent of it. As you said, the system will speak for...

There are a lot of assumptions being made here - I don't know how anyone here could backtest this system since I haven't said what parms I'm using for stochastics or even what period chart I'm using those stochastics from. I have no intention of playing any games with anyone here by not...

No problem, that's my intention.

No, I'm not implying that the fib timed entry is the key to this system. I'm not saying that anything at all is the key to this system. Does it really matter what the key to the system is or if there even is one? All I'm doing is presenting an idea for a system. It either works or it...

I'll say one more thing then I'll shut up. :) I've looked at using systems from simple to complex. I've done things from neural networks to even coding my own "noise" suppression filters using audio compression algorithms. I've looked at various "drawing on the chart" methods. I've used...

I don't know, and don't care. Does it have to work outside of pure noise? I don't see that listed as one of the goals of my system. I don't know for sure that trading those time DOES give me an edge. I sure can't prove it does. But I can tell you this - if I trade this system on the open...

Thanks again for your comments - you understand my line of thinking here very well. Actually, TICK works very well with this - even a stochastics on a one minue TICK seems to work well. Like I said originally, I don't really think it matters much what second indicator you use as long as it...

Gordon - Those may be the points some people are making, but they are not very well thought out points, are they? Why would I want to do it any other way if this way works? That makes no sense at all. You imply that I must be able to explain why something works before it can actually work...

spectre - Thanks for your comments. I agree, this type of system would probably be useless on anything other the ES and NQ. I haven't looked at the treasuries though - that might be interesting. Right now, I an not "auto" trading this with any program - just doing it by hand. But I am...

Here is the problem - you will never be able to reconcile "everyone's perspective". The only perspective that matters for you is your perspective - and that is something that you can only come up with 100% on your own. Your perspective can conflict with every other perspective on this board...

Yep. Karma plays havoc with your trading and your head. I've made a lot of money over the past year trading ES, and I've lost a lot of money. The main thing I noticed is when I started talking to other people about how easy it was - how it was like printing my own money - how I had found "the...

Why do you want to compare performance? IMO, getting in a pissing contest like that is a sure path to failure.