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As far as I am concerned the thread has served its purpose. After reading the opening post, I decided that the mm is good enough for me to take seriously and try it out. I am going to use it until something better comes along. Sicktrader has some talent that is rare, is quite a character. His...

It would be interesting to learn how he comes up with the remarkably accurate predictions. I had the same question months ago, did not get an answer.

The uptrend is losing steam for the moment.

Sounds like you are waiting for a zig/zag. I snatched one win trade with your system after 9:30am, on paper account.

I used your system traded that on my paper account (just try it out first), 3 wins and 1 lose. Pretty good.

SicktraderII: I like you to know I appreciate your contribution. Your system makes money management mechanical and less error-prone. Keep posting.:D Regards

Another thought on this. Because 2 points hit is more like than 3 points be everything else equal. None scientific guesstimate should be that the probability ratio between 2 point hit and 3 point hit is 6/4. Therefore the entry trade should offset the difference. Winning chance of each entry...

One typo: "3 targets/3 stop trades" should be "3 point target and 2 point stop trades".

sicktraderII: Your system can be mathematically proven sound: 3 points (15%) target profit and 2 points (10%) stop lose; The probability of 3points gain > 50%. Then the mean potential gain for every trade is 5%. Disregard commision for easy computation. Then to reach 17bagger, #...

How do you decide your entry price target?

From reading your opening post, i say you are a winner already no matter what outcome will your tradings be: your approaching to trading is eye-opening, treat it as a gamble; you got the guts few people have to proclaim. You deserve the benefit of doubt.

There is no incentive for U.S. companies to make "real stuff", making no-real stuff is much more profitable. One example is that profit in financial industries is 4 times of that of other industries. GE supposedly makes real stuff, but its financial branch supplement the rest to stay afloat...

covered @964.37

Long @961.75

stopped @961

short @957.5 and 957.2

covered @951.5

Shorted 1 @953.75 1 @954.25 after 8:30 job data. I'm bearing although there is a bullish triangle forming in last several days.

I use amibroker/IQFeed/IB. I did careful comparison when I selected IQ. I have no complains for using in more than 6 months.

I am misunderstood. I will shut up anyhow.