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    Two Questions For Practicing Day Traders

    First - I want to tell you something that happened to me - before I had Clients. As I mentioned - I actually had a Booth at the Traders Expo - in San Diego years ago - and even way farther back - I had a Booth - at the Traders Expo - in Chicago. As I said - I traded live - as Traders walked by...
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    Two Questions For Practicing Day Traders

    You are welcome to come into a Zoom Room - right now - if you like - we can both Bull Shit - LOL. Seriously though - you are more than welcome. Just sitting here coding right now. I have Algos - that look at the ES - NQ - RTY - YM - at the same time - before entering a trade - basically - my...
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    Two Questions For Practicing Day Traders

    The first 2 hours starting from the Market Open - is reserved for working with my Clients. After that - not a problem - although I don't know about doing another 2 hours. Again - it really is Simple - see a Green Arrow - Buy - a Red Arrow - Short. There is a Profit Target for the Scalp. By...
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    Two Questions For Practicing Day Traders

    Are you using multicharts for charting… I use tradestaion I had Tradestation many years ago - stopped using it when the Cruz brothers owned it. There were many problems at the time - not just with me - but other traders. So - I finally dumped them - couldn't take it any longer. Who are you...
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    Two Questions For Practicing Day Traders

    You and ironchef - are both welcome to come into a Zoom Room - I promise - I won't try to sell you anything. Seriously - I really believe - when it comes to Indicators - "too much information" - on our charts - is the cause of traders failing. I am no different than any other trader starting...
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    Two Questions For Practicing Day Traders

    When I first started day trading - I was a trend follower also. That is what I was taught. I did well - most of the time - but quite often - I would give up a lot of profit - and/or go negative - and lose on the trade. I would basically - kick myself - many times saying - "damnit" - why did I...
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    Two Questions For Practicing Day Traders

    ironchef, You are also welcome to come into a room - watch for a bit - I will explain how it works - whenever you have time. The beauty of it is - you do NOT need any indicator. If you notice - there are NO Indicators on my chart. There is approximately 2 hours left before the market closes...
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    Two Questions For Practicing Day Traders

    If you want to talk sometime - and if you have Skype - send me a Private Message with your Skype Name. If not - send me your email address - I will send you a Zoom Room link.
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    Two Questions For Practicing Day Traders

    I hesitated to respond - because it looked like the thread was turning - to shit - so to speak - like a lot of threads seem to do. It's all about what works for a trader. We all trade different - but it doesn't mean one trader is right- the other trader is wrong. Toucan - I am replying to...
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    what is a strategy?

    You are wrong - at least for me - I love VERY STRICT - Rules for Trading. First - you have to have good Rules - that make sense - then you need to actually Follow the Rules. There is an old saying - "Rules are made to be broken" - well - if you have good Rules - and you break them - why have...
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    what is a strategy?

    While I do develop Algos and have clients - a trader really does NOT need an Algo - especially for Scalping. This picture shows all you really need - just Support and Resistance. While I trade with my Algos - most of the time - this setup is still my favorite way to trade. And to top it off -...
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    A holy grail scalping strategy

    Well - I am happy for you - that you know everything. And NO - I do NOT Backtest. And NO - I am NOT selling anything. Think what you want - it really does NOT matter to me. As far as calling me a Scammer - well - blow it out your A _ _ - it just shows your ignorance. I am NOT constantly on...
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    A holy grail scalping strategy

    Nice to hear you are Scalping - and successful. I believe I said it in my old thread - I learned Real Scalping when I was very young - from both my American Indian - BrotherInLaws - back in Montana - so I had training from the Pros - LOL. Seriously though - I have made more money Scalping -...
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    Support & Resistance levels , and moving averages are just meaningless lines on the chart.

    I may not be the guy you are talking about - "candle by candle" - but that is basically what my Algos do. While I can set it to "look back" - say 30 days - 100 days - or whatever - there really is no need to do that. I do NOT use Indicators - and there are NO Inputs that can be backtested or...
  15. V

    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    If anyone wants to come into a Zoom Room - I will let you watch my Algos - in Real Time - until the Market closes today. If you have a Headset_Mic - combo - we can all talk. https://us06web.zoom.us/j/87087498607?pwd=d9t5aWLYgZSdac5AVva6CFfLXP7E9B.1
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    Market chop... buy the bottom of the range, sell top of range. Nothing other until range breaks.

    So - coming off the Bottom - it also looks like a Head and Shoulder setup - going Up. It would be interesting - going back further - to see if there was a Support Level - to Stop the downward move. That was one hell of a reversal. The down move to the Bottom - was probably caused by some...
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    I'm not a fan of "Head and Shoulder" formations... but this might be one...

    Just looked - here are a couple more Head & Shoulder setups - for the way I Scalp. The last Head & Shoulder - I might have put the wrong date - as it was Today - and this picture shows - about 9 minutes after the Second H&S on the previous picture - post #10.
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    I'm not a fan of "Head and Shoulder" formations... but this might be one...

    Seriously - it is NOT as Fast as you might think. Tell you what - if you and your buddy SimpleMeLike - have time - I will show you - explain in more detail. You might end up actually liking it - LOL. I think it was my first Post - in this thread - the First picture - shows the Range...
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    I'm not a fan of "Head and Shoulder" formations... but this might be one...

    See above - I attached a picture. I just took another picture - made the Candles brighter. The Range Bars - are all the Same Size - except when the Market closes - a Bar may be smaller. Edit: I just looked at my chart - and there were 2 - Head & Shoulder setups - in approximately 4 and 1/2...
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    I'm not a fan of "Head and Shoulder" formations... but this might be one...

    I do NOT use Tick charts either - this is a Range Bar. A 7 Tick - Tick Chart - would be way too fast - and it is NOT the same as a Range Bar. A "Tick" on a Tick Chart - is a "Transaction". With a Range Bar - a "Tick" - is a Price Increase or Decrease - a One Tick Price move - so they are...
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