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Turn that trash off.

Not much I was taught edges before I risked a penny.

You must be under the influence of something. Assuming every add is the same size, otherwise you are martingaling and everyone knows that requires unlimited capital. Check these #s: 1200 1200 1100 1150 1000 1100 900 1050 800 1000 700 950 600 900 500 850 1st column...

Shortie trade price not whatever is it that you basing your trading on. No Heat

You have several options. Tradestation is horrible for afterhours prints so don't even think about it. Now the good options, The expensive options: IQF Barcharts The nearly free options: IB unless u need tick data I'm sure there are others, perhaps someone fills in other...

Good post

Got it, thanks.

Understood. The max loss is not per trade is cumulative per month, once that is hit, game over til the next one. Thanks for the quick replies it's interesting to watch you trade, an unconventional approach that does well for you, so thanks for taking the time. You did leave me scratching...

However you couldnt lose just 4 if your average is 5 because your stop is the monthly avg in this case 5, correct ?

when that occurs do you stop trading for the month or reset and begin ?

Ammo, What percentage of trading capital is your max risk set at ?

I'm not sure how you do it but everytime you post one of these position sentiments trades, strong trends retrace or reverse. It actually biased me to reduce long positions No Heat :eek:

Unannounced stock halting.

Counter trending can be profitable, provided you have studied thousands and thousands of hours of price action. Reading a book or even a library does not count. This is something that must be experienced hands on. Incidentally, counter trending provides lower risk entries in comparison to...

Depends where you trade ES, hard to find strong trends in ES using fast charts. On the other hand, slow charts in ES are just like most US indices, give or take a few special characteristics. Personally, I think daytrading ES is a loser's game, swing/position trading, that's a different...

Find the strong trend, grab a nice chunk, then move to new ones. Sit on the trend too long and what you described could happen. Don't get greedy, grab your piece of the pie and jet.

You forgot "please".

It's typical human behavior. Feels right.

Lescor, Your trading must be much more automated than I thought. FO price action on Friday had much clarity.

Some of you guys are simply just too nice. This is like watching an addicted gambler throw his life away. Neke, I'll be quick, you got no discipline, your strategy sucks, you constantly countertrend and enjoy adding to losers, which, no surprise makes you a loser. Stop trading before...