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To acrary : what if you test it with 20 or 15 points stop? Average loss of 1,700.00 seems to be too large. Walter

I belive the system sucks on 15 min also that is why I am trying to help you. You have to use better filter then 200 ma and change stops. reason why 3x 15 min break out will not work well has to do with a size of an intraday cycles. It is not simple but you can achieve about 80% signal...

Raising capital is not really such a big problem, but you have to be realistic. nobody will give you money without real trading record. You are competing against managed account managers with track record about 30% a year. My suggestion is : Save 5K and build a trading record. If this...

Try it and you will see that 5 min will have much better response time, especially when activating stops. Use 15 min to determine a trend . What would be your suggestion to improve this system ? Walter

I think that 15 min is not a ideal time frame, 5 min should work better. I would add confirmation filter also. Walter

to Banker, Can you have multiple windows( minimized with different time frames ) of one symbol , while you are watching another ? Walter

Thanks and hope that your health will improve soon. I was thinking about setting up trading program to provide vocational scholarships. Can you ask some of your students ,who are doing something simillar, to give me some pointers ? Thanks, Walter

To Jack Hershey, Welcome to this forum! I was reading many of your post onMIF and I am happy to see you here . Walter

It does too .

Sarasota would be probably best for a condo. If you could live in a house, Tarpon Springs area is very nice if you like nature, more rural and quiet. Walter

DTN IQ is about $50.00 a month, if you prepay for a full year, MYTRACK Gold plan is about 40.00 a month, Sierrachart is about 50.00 a month . Live charts on LYCOS is about 30.00 but very basic. You will not find anything cheaper than this. Walter To others who made remarks about...

Why 23 ? Walter

To Gordon The way I understand it says that usuall TA like MA, Stoch and such will not work consistently, but it is easily understood and for this reason also marketed as usefull and easily implemented. I agree with that. That is nice, but how do we overcome " inefficiency "( or...

To Corallus. I think that you are forcing yourself to be shooting for a bigger profits( which carries bigger risk ), which is basically against your "genetic make-up " . And that is IMO why you are not doing too good. I have a feeling that you would be happier if you were shooting for ( and...

Nothing against Toby Crabel book but Gems section on this forum has more of a practical advice. Break out method would have done better if buy and sell order are placed at the same time. One guy I knew while ago has tested it and results were better then hold till close. As far as...

Stress kills, very true. If one is selfemployed ( trader ) and knows what to do, he can manage stress . If one happens to have a job where job conditions are causing stress and he is in no position to change those my guess is that trader who manages stress ( hobby, time off ) is much better...

I think that you are better of if you just plot 15period MA of lows and highs and see how the price is behaving. You will have to make adjustments to accomodate different conditions in different markets. Walter