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Hi RN, Couple of comments. Using identical entry as exit assumes every turn has your signal, something to consider. Not sure about your signals but mine certainly does not exist in every market gyration. You mentioned initial risk and are willing to lose when talking about divide by 2...

Use a size that is divisible by 2 or that you can split into half. Now set two targets, one should be an easy to achieve target that does not require market extraordinary events to be hit. Once this is hit, adjust your stop and leave half of your size for the breakout trade. That's how I...

I've never read the ebook, but... Hard to judge if the price is fair or not without reading the material. No reason to play dirty guys. No Heat

I honestly don't know, as I analyze the market on a day to day basis. I can trade the markets quite well but I cannot predict outside a small range. On this query I'm going to say, I don't know. No Heat

Best trader I ever saw, and I saw him live, used nothing but lines, horizontals and diagonals. Took what I learned and did the same, never looked back. If you apply that rule from the get go, you will advance at a much quicker pace. No Heat

Aprox 22% on respectable size. No Heat

Ever seen a trader that can consistently catch tops and bottoms on the e-minis ? No Heat

A very good question, an answer that takes years of screen time to fully understand. Market enthusiasts and "gurus" alike constantly try to convince their [readers and customers] that there is a way to determine the answer to this "end of the rainbow" question but in my humble opinion the...

I only trade ES and Forex and I own a license for Bracket Trader. Bracket Trader most definitely cannot fulfill all my requirements. No Heat

Thank you for your response. These are the features I require as a bare minimum. Multiple stops per entry instead of one. Multiple exits and flexibility to split original intended exits for the sake of letting a winner run. One quick emergency flat position. Ability to expand...

I did not want to respond because I felt my answer would be too much of a cliche but what the heck, I'll do it anyway, I basically double check to make sure the stop(s) and target(s) were all placed correctly then I sit back and relax. If you trading with an edge, there is no need for hoping...

Hi Goonior, Thank you for your time. I applaud you for your skills and efforts, very impressive, your own DOM, I'm jealous. Unfortunately, I lack programming skills, therefore, I'm at the mercy of other coders. I'm not looking for the ultra cheap and Button lite limits you, if I'm...

Hello Daniel, Thank you dearly for taking the time to suggest this to me. I will look at it at once. No Heat

It's a breath of fresh air to see some discussions on position management. Want to take the opportunity to thank those participating for stimulating the topic. Everthing I know I was taught and after several years of trading day in day out I still use the same approach. I enter full...

I am trying to use a better DOM for my broker, Interactive Broker. Have tested several so far, including Zero Line Trader, Bracket and Ninja Trader. Zero Line Trader I could not stand, so did not even get a chance to review it. Bracket is very limited and has many limitations, even...

First of all I want to congratulate on an excellent journal and on recent success. I could not help noticing your comments on Ammo and Flatron. As an avid reader of the ES Journal I have noticed their flamboyant methods of adding to losers. With the utmost respect I strongly urge never to...

I hope this post finds you all well. Apologize for butting in the middle of the journal with a question. Been trading for several years now and never been able to tell when programmed trading occurs, when bots go nuts, etc. How do you tell and what does it mean ? Thank you for taking...

Are you completely sure trading is for you ? Does not seem like it is. Losses are natural in trading. No Heat

Thank you friend, hope I was of some assistance. Couple of additional tidbits using resistance as an example. - Where are we opening in relation to the predominant trend ? Is there a predominant trend ? - Are we opening at resistance, below resistance, above resistance ? - Are we...

The best way to answer this golden question is by examining the big picture before the open. Looking for things like premarket trading well above resistance or vice versa. Be prepared to get faked in the opening minutes in case it's a breakout failure in which you would need to reverse...