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If you adjust stop losses, then they aren't stop losses. I'm not saying you can't exit where ever you want, but if you say the stop goes above some swing point, and then you get out before that swing point is broken, then you're getting out before the market has told you to get out. You may...

This is what you don't understand. It doesn't matter after the fact. If you say your stop is 6 points away, then your stop is 6 points. Whether it hits or not doesn't matter. This is the risk you were willing to take. You're trying to push for an understanding of probability and yet you are...

In my humble opinion, your metric of actual risk is completely meaningless. Its like getting it on with a prostitute, no condom, full well knowing that you might catch a disease, but then when you get your tests back, you find out you haven't caught anything. You claim victory that your actual...

This is where it gets dangerous. Unless a person can systematically figure out what about a particular trade made it fail vs. win, its all just guessing. Its like you're trying to say that you need to predict the outcome of a trade before it happens. I'm sure you're not meaning to say this...

I think wanting a high win rate means that you're scared to lose, which then has you looking for what you're missing, which then has you want to add more stuff to your trading, and then it gets impossible to make a decision because nothing will ever line up perfectly. By looking for the perfect...

This guy is an idiot. He is the one who puts down TA traders because he uses random entries and says it can't work. I'm not nearly as smart as him, but I see two very big problems with the link. For short term trading, he uses the time from Jan 2016 to now to show how profitable he can be...

There is one critical difference here. Its the distribution of wins and losses that is simulated here. If you have a 50% win system, where the reward is twice the risk, you clearly have an edge. But with a 50% win, its very easy to have 3 or 4 or more losers in a row. So if you run your...

I think if you are going to get so specific, its very important to talk about the exact market you're trading. The order flow characteristics for ES and NQ are quite different, just as an example. Whereas some trading might be using the DOM for ES trading, doing this with the NQ is practically...

I'm not sure what your point is. The attached picture shows nice stats. Win rate is only 43%, but with the average win of $118 vs. average loss of $22, this trader is nicely profitable. Clearly this isn't you, since you short chart where you are in a trade and up thousands of dollars. Nor is...

I started to read it, but my gosh, its just too nice outside to waste time on it right now. But the more you write, the more I see that you are the perfect con man. You can never be wrong with your if/then statement that cover all bases. The thing you keep leaving out is talk about your trade...

For the love of god, ask these yahoos to show you their performance with this analysis. ET is littered with these "gurus" teaching for free, and the truth of the matter is they can't trade for shit themselves. Ask yourself this, if their win rate is barely 50%, which I'm sure it is, then how...

@Simples @Sprout @dratsum Perhaps someone can wake me up when trades are placed and share some trade stats with with expert in-depth analysis?

I said exactly what you said. High volume, amateurs selling. In other cases, you make it sound like high volume is pros. Every single on your your quotes is how high volume is pros. Let me write out a few of the times you say this. "3-4 increasing vol, pro buying" "5. increasing vol on down...

I'm sorry but your annotated just is a perfect example of classing hindsight bullshit. You make it sound like you can explain every move, as if you know who's buying and selling, but if that was the case, I would like to see the associated trades that go along with this analysis. Here are some...

From my understanding, Soros made the trade based on what he thought the Bank of England had to do. This isn't how any day trader is trading. Its based on fundamental information, which most day traders will not use, and this isn't even fundamental information, but more like a hunch. The...

Ah... the expert Jdesey, praising Soros on a single bet. No day trader would bet the bank on any one trade. Where is the risk management? There is nothing frm any day trader at Elite to learn from Soros.

I completely agree. At the same time though, the I'm last person who would say that I know everything about trading. I'm sure some guys can even make trading work with just numbers and formulas and what is most likely to happen after price moves a certain number of ticks this way or that way...

Oh for god sakes, its Buffet already.... more proof you're just a guy here to generate page views and traffic.

And you're missing my point. Anyone coming to a trading forum and saying how easy this is, is a fraud. To recap, you've posted one chart, from the CME with delayed data. You think switching from the ES to the NQ is going to be so easy and that all your setups work even better apparently. You...

Gosh... how simple would it be to post the said "simple chart" with some trades? Since you're such an honest trader, maybe we can learn from you?