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  1. J

    Trading with price action

    Using just price or price and volume is best done by following the P,V relation since it takes into account the different market paces a person runs into. If a person uses a matrix of paces and price data indicators, it is more productive since the migration through the cells has a very high...
  2. J

    Using Margin for More Positions

    You are doing your maths improperly for your risk statements. Your fixed values for protection are not very swift either.
  3. J

    Best City for a Starting Daytrader....

    I have tried Greenwich conn (EST); Zurich ,Switzerland; bucks county PA, and Phoenix and Tucson, AZ (MST all year round). I have to say that the best is Tucson. It runs either 6:30 to 1:00 or 7:30 to 2:00 depending on the NY time. The market is only a half day effort with a dull chunk in...
  4. J

    the risk/reward and win %

    How to use the improvement I suggested. Make a list of the formation extremes on a 1 min chart from open onward. The values are occurring every 2 to 4 minutes and are repeating periodically as well. This is lateral congestion and the paradigm will probably prevent an entry. By 10:35 plus...
  5. J

    the risk/reward and win %

    Lets look at the ES for Friday 14 FEB 03. The poster works to trade on the 5 min. To make this more understandable you can look at the day in summary. There were four trades: 10, 15, 10, and 10. multiply by four if you work in ticks. 45 is a normal day. 3 to 5 trades is normal as well...
  6. J

    100,000 shares at a time ?

    That was an interesting thread you began; i just read through it. In terms of dollar value connected to # of shares in a cycle of trading I run with the higher end here. The QQQ banter was a non answer though. I hope you formulate a more defining Q to learn what you are looking for.
  7. J

    the risk/reward and win %

    You have not done anything different in your series of target moves because deviate from the determined target. I will say it another way for you. you have a paradigm and it yields a target. You did not change anything within the paradigm;you modified a value called target. I recommend...
  8. J

    What College courses to Take?

    Above you see some subject areas in formal education that are the conventional wisdom from the looks of the rest of this thread and several others you have begun on your quest. There is a possibility that a more informal route could well work for you. The subject you want to study is...
  9. J

    What College courses to Take?

    Read Jack Schwager' books on Wizards if you want to see the range of educations out there. The two I identify with are Soros and Seykota. You should know by now that it doesn't take any specific education to make money on the markets. Springfield University in Mass. might be a great...
  10. J

    What Time Frame Do You Use For Day Trading

    My post above was related to this post. I just figured out how to do such a reference as a quote.
  11. J

    What part of your subconscious motivates you?

    The part nearest the surface, both above and below. They stay connected as I unfold.
  12. J

    What Time Frame Do You Use For Day Trading

    I trade short term on equities, and intraday on commodities futures indexes. The nominal bar durations I use, respectively for each is 30 min and 5 min. The next fastest fractal for each is 5 min and 1 min respectively. I feel that I can cover the range of durations with 7 possible...
  13. J

    What Time Frame Do You Use For Day Trading

    I trade a fractal that represents the market pace. I also watch the next fastest fractal for anticipation. I wouldn't recommend that everyone trade all paces. To move to slower paces takes more skills than fast pace. My three breakpoints for knowing what is what are: Beginner only...
  14. J

    A Daytrader's Story

    Hi all I just signed up after following a reference by nokoi. I've read all the posts in this thread to get a feeling for the group. Nice conversations, so to speak. I'll try to get over my current shyness...lol...
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