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If I have a friend who wears a mask everyday, and when we talk, I question if his words are from his heart, my opinion of whether or not he is my friend will change.

Ditch, Thanks for the input. I see your point about giving up a little too quickly. I am probably (as usual) giving the wrong impression here. I am not going to abandon my current style. I am simply trying to enhance it. I do know one thing. I overtraded big time. Double Tops and Double...

It seems like there should be a way to technically associate a screen name or id to an IP address instead of an email address. Sometimes I wonder if we should divide the 17,000 membership by 10. I don't know how all these folks manage to keep it all straight. My $12.50 in the technical IT...

I am a man of average intelligence. Obviously, not as knowledgable as you and an average Joe. I did read this post this morning. Did not laugh or cry. I can not understand the message in your response above. Maybe it would help me if you explain how you trade, without indicators or charts I...

Funky, I hear you. I remember reading thru a thread where you were discussing this issue. I agree with you. One other note, although I knew commissions and slippage had to be accounted for with my VisionTrade system, I did not realize how much they actually impacted my bottom line until I got...

PF, Good advice. The way I accomplish my backtesting is in TradeStation. I DO NOT use the strategy tester though. What I do is scroll back over the data from several years. Advancing the chart on the "right edge". I document each entry in a s/s and then keep scrolling for the results. The...

Only you can truely answer this question. Get rid of the self-limiting views society has imposed on you. Look deep inside and you will find the answer. Define what you want out of life. Develop a written plan for its achievement. Fix your mind on that plan and do not let anyone stop you...

Do you know Jack? Please check "None of the above apply"

If you have a better idea, we're all ears.

Are you sure. Read it again. It says "Trading Account" not trading. Income has to be coming from somewhere doesn't it.

This question needs better definition to be answered accurately. 35 pips = EUR/JPY/GBP 45 pips = CHF 10 minute chart. London session

Yannis, You're a good dad. This would have been a great journal. I admire you for it. I have a quick story that is similar. I sat my two sons down one night. Ages 16 and 13 at the time and did an exercise with them about compounding. I had my 13 year old put a little away starting...

I guess I may need to shut down the old 1 minute chart at some point if I go this route. It will be a sad day. The last couple weeks I have been trading a combination of my VisionTrade system and what I am now calling FutureVision. (i need a life:D ) If you followed my journal at all you may...

Afraid, I can't be of much help here. I use TradeStation which does an adequate job of backtesting a defined strategy that can be written in easylanguage. Problem with me is that I have always traded subjectively. Poke around a little here. www.tradestationworld.com. Lots of good stuff on...

Good luck with your journal. Are you still in this trade? Are you saying it closed or you closed it. Just some advice. If you are going to commit to this, you need to give a little more info to the members. The very least you should state your overall intentions of keeping this up. If it...

Hmmm. Didn't think of that. Makes sense. I am assuming you are capitalized to survive for a period of time at breakeven (or worse) just like any business should be. Having the capital makes perfect sense and is the right thing to do I would think. Can I ask the moderator to add this...

Good advice. It is actually hard to say what I want to say in a single post. My entries actually still come from these charts. It is really only the direction that I am guaging with the longer time frames.

This poll will help all who use Elite Trader guage the quality of the membership and the information received. We have over 17,000 members here. Many rely on this forum as a means of furthering their trading ambitions or established career. I think many who come here have set a goal to...

Here is an example of what I look for. I like to see a double top or double bottom which coincides with divergence on my setup. Calling the turns on the H4 chart is not easy and DT and DB do not happen often. I will many times drop back to a 2 hour or 1 hour chart as the turn is approaching...

I have traditionally used a strategy that looks for 2 point moves in the ES. My average positions during the day are about 7. I have typically traded the 1M chart and the 3M chart. If you want any info on this you can read it in my journal, "Chronicles of an Idiot". I have done a fairly...