Search results

Not sure what you mean, lynx is just a mildly clever screen name, only meaningful to me. So no. I think I figured out what you meant earlier, watching 15 minute bars while waiting for, some number of contracts (not ticks) to go by. BTW I have noticed something similar but I was...

I would love to be able to see a list of people who have "ignored" me. That way I know not to waste time responding to them if they won't see it. Even just knowing the number of people ignoring me would provide valuable feedback. I also think that adding that feature would increase the...

What do you mean by "volume interval"? When you say that I think tick charts, but you specifically mention 15 minute bars. I wish I had some big secret to share...

I have a hard and fast rule that I never take a trade within 10 minutes of turning on the software, no matter how good it looks. That keeps me out of a lot of my impulsive trades. When you start getting the itch, think to yourself, "is satisfying this momentary urge worth throwing away my...

Clearly there's no stopping you. :) But you will lose money at first. Nothing in your experience will prepare you for trading; many of the habits that make you effective in music and management will work to your detriment in trading. Maybe open a small account, blow a few bucks to get...

Psychology is important until you get your head on straight, after that it's not an issue.

I respect what you're trying to do, to find your own way and devise a strategy that fits your personality. If I could just clarify, I'm not advocating a gut feel approach, but rather a systematic one that's boiled down to essentials. With regards to finding an original edge, I think you...

You're overthinking this. You're handicapped when it comes to the market because you're too smart. Try being dumb for a little while. Notice that in general, most of the traders making lots of dough are regular guys, while all the wall street programmers and mathematicians are on salary...

RN: That been bothering you all night? Chill out, lot's of people respect your advice, some are just more demonstrative than others. No need to be mean.

Is psychology 90% of trading? I think it is, for most people who are not naturally wired to trade. For me, getting to where I am today was and still is a process of sorting out all of my "losing" inclinations - chasing trends, overtrading, moving stops, thinking I can control the outcome of...

I like that one adadadog. :D They say about flying that learning is an ongoing process, something that you never stop doing. Otherwise, instead of being a pilot with 1,000 hours of experience, you might end up being a pilot with 1 hour of experience 1000 times. That's a nice reminder to...

Another similarity between the two is that people with very high intelligence, creativity and imagination tend not to do as well as people who are only a little above average in those areas. Also, people who are comfortable with having and following rules do better than rebellious...

Rickf is spot on. Another parallel between flying and trading is patience. When landing, it's critical that you go around (abort and try again) if anything about your approach is not quite right. And in trading, you should only take trades that strictly meet your setup criteria. I...

Hi, thanks for offering to help. I've got a few questions please. 1. What role do futures options play in your overall method? What percentage of your profits do they account for? 2. What's your basic approach to futures options? 3. Do you trade a mechanical system, a...

Get a room. :D I see the original post as passively pompous, self-congratulatory and attention seeking -- anything but humble.

Freudian slip or clever coinage?

Hi Everyone, I want to do some analysis and classification of trend moves, much like Victor Sperandeo said he did in his first book. Basically what I want to do is "draw" (virtually) connecting lines from major highs to major lows, for which prices do not deviate more than X amount from...

This thread is getting really weird. No stops, doubling up on losses, hate smileys, "going to amsterdam", etc. Who hates smileys? Sounds like you're all a bunch of freakin' hippies. But wait, you hate smileys so that can't be it. I have to admit that I'm totally stumped here. I'm...

Wow, I didn't think you'd actually reply with useful info. Thanks! I've been using time of day since the beginning. I test my strategies against 1 minute data using custom programs; the reports I generate also break out profitability by time of day. I haven't really had any luck finding...

...that's why I speak freely, and I am not afraid of giving away what I learned with great efforts/time. I am not afraid of giving away my secrets. Unless someone has been through everything, it will be impossible to understand what I am doing. And if they understand, it means they've been...