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Sounds like a fair conclusion as drawn from your observation. When I was not where I wanted to be, I changed methods, indicators, trading instruments, time frames, chart types, even brokers very often. Having settled down, nothing changes any longer except that I do find myself changing the...

I've been saying this to various of my colleagues for years. All of these TA indicators are calculated from past price data (even the immediately past is still past) and few who try to make use of these indicators ever bother to look behind them to see the math involved. They have literally no...

While I use indicators to program automated systems, and I am currently manually forward testing another system using indicators, my discretionary trading, the trading I do day after day, sitting here watching the market ... day after day, waiting for signs that I should, as @Redneck says...

I wonder how long it took DBPheonix.

I took years and years on my own. But I have seen a decent number of guys get this quickly - in as little as four to six weeks, in some cases. All but one of those, however, received their training with a prop trading outfit whose owner has long since retired and dissolved the fund.

For this little project of mine in October, I scratched out a little over $700 net of fees, commissions, and other costs, i.e. platform, data. So I'll round it down to $700 and look to build on that through November.

The cash I lost while learning would have paid off my mortgage two-fold. Now I truly believe that if I lost it all, and if I could then just get staked enough margin to trade one ES contract with perhaps a $500 cushion against the potential for an initial 2-3 trade losing streak, I could be...

One thing I might have been more clear about is that the moving average system as I use it signals a potential entry, but, for me, price action itself generates the entry. The moving average system alerted me to a potential short entry this morning, but price action itself signaled, triggered...

Why on earth would he do that? I cannot figure out why it is that so many demand other people to simply cough up information that may have taken many, many years of hard work and losses to discover.

I trade around three patterns of market behavior, each occurring at what one would likely call a "test." For the purpose of this little project of mine I am using a moving average system to signal entries, and then I exit if one of these three patterns manifests itself. For example, today the...

Good post.

Changing the chart up a bit in recognition of the impending All Hallows' Evening. Also, this post and trade are in honor of the memory of Big Hog. I never met him, and sadly he was gone before I ever became aware of him. Thankfully his posts, very sensible posts livened with some real market...

Why did I over-complicate? I think I know, but there is no value to me and certainly not to others in going into it here as the reasons/causes for my mistakes are highly personal and relevant to me alone. As to our "answers," I suppose that the answers for most who have found his answer would...

My sense of humor about what a fuck up I was for as long as I was and the fact that the answer to "this trading question" was known to me for most of that time has been a great source of enjoyment for me and my friends. However, my wife is still pissed that it took me so long. She'll probably...

You might want to look at his post again. It was a question (not a statement) and it was meant to probe the contradiction you point out. He simply asked this: "IF ta is useless for predicting future price moves, [THEN] why do so many advocate it?" Don't sweat it. Up the Irons!

And how often by 10:30 EST. If I didn't trade the open, I'd still eat. But not nearly as well as I do now.

I went about ten years with no weekends. Now I not only take weekends, but sometimes I skip out Thursday and Friday as well. Here's the real kick: When I finally figured out what it was that would work for me, it was an approach I had toyed with off and on for about ... Ten years lol.

I see frequently see trading ideas posted here at ET that "work" but the majority of comments about these otherwise workable ideas are complaints about how it doesn't work.

Now that's what I call teamwork! As I understand the term, for the market to be fractal, i.e. self-similar at every degree, a pattern manifest on a five minute time series, say, for example, a high-higher high-lower high, aka "head and shoulders," would be likewise manifesting itself at every...

One trade, stopped at +1 tick today. I am going to add ES and CL to my trade candidates for this little project of mine. Trading hours, risk parameters remain nearly the same, with the exception that for CL I will probably use a $200 stop loss, 6E remains $125 stop loss, and ES $125-$150...