Search results

Trading pure price action (subjectively) as stated above. Let's see how this goes. 1 time frame, no indicators, no 'edges' & risk management. All commodities/futures at the moment... maybe stocks/Forex one day.... @ 27k (+12.5%)

I'm suprised that this post was even taken the slightest bit sincerely. Small broken-spoke unicycle typically gives an outright directional call such as "We have topped." See below: http://www.elitetrader.com/vb/showthread.php?s=&threadid=235272 You have to give small broken-spoke...

So, just like when you are trading in a trend after your definition has been validated, the same thing occurs when you identify a range. A range trade should be put on near the previous high, with a stop some logical distance from the previous high/low. If you are in a true range, then the...

So, from here on, I will be attempting to trade pure price action. Most of the trades I took profit on a little while ago would have vanished had I waited till now. This proves how important price action is. Therefore, it will be my focus. I did a fair amount of testing on a pattern. It...

^ very true statements above. I'm doing everything I possibly can think of but remaining profitable has proven to be an elusive task. My rules clearly make money, but they lose just as much as they make. There's obviously something I'm missing. I'm using an edge, price action, 'logical' risk...

So, I decided to prove something to a friend. I'm going to begin trading exactly like this person except fully utilizing all of my capital at my discretion. I have around 26k, so I'll be opening enough positions to utilize most of this, and at the same time have enough equity that I don't meet...

Why do you post that every time my equity decreases? You are a terrible troll, and not even accurate. You didn't give me the proper quote that I started quoting, THE SECOND TIME. You are obviously obsessed by my quotes of anonymous. Stop mucking up my thread, or I'll request to have...

@ $26,XXX (+8%) No open positions. I obviously need to make adjustments to my plan. Spinning my wheels for 8 months now.

But you are, you just don't realize it. I'll give you a hint, why talk to a woman in the first place? You want someone to talk to (No you have friends - maybe). You want someone to do stuff (travel, etc) with (No you have friends - maybe). You want someone to ... insert anything here...

1. The basis for any profit in the market is a 'trend.' If the price doesn't move, you won't make or lose anything. So saying not a good second half of the year for TF is comprable to saying the market is not good for making money (obviously a false statement). 3. I don't understand how you...

Just like knowing when to fold, this is probably one of the most important parts of trading. Doing the opposite of what you are is what has made me a small winner instead of a big winner. P.S. this is another version of 'sitting on your hands.'

You've just hit the nail on the head. What I'm missing is something along these lines. However, because future price action is not knowable, it seems like this is harder done than said. The only thing I can do is test patterns. I'm going to trade 1-3 contracts on one insturment until I can...

Yes, yes (I might learn faster), yes. Yes, there is a reason I can't automate trading. Yes, my capital is sufficient. No, I'm not over leveraged. Yes, I want to build my capital, isn't that's always the goal with trading? Trading a an intra-day time frame might be my next move...

http://www.youtube.com/watch?v=sP4NMoJcFd4&feature=relmfu Also cat lovers that cry if they can't hug them? I didn't hear about that on Ellen's show, and my God I don't watch Ellen... my point was about Kirsten Bell!

If you are going to troll my thread and quote people, at least do it properly: Did you check NG today? (+7%) FYI @ 31k (+29%)

I hope you're not this naive.... the federal reserve is the US goverment 'public' bank. They are borrowing based on guarantee they will collect taxes from US citizens. All they are actually doing is redistributing wealth: basically stealing from tax payers to give to 'institutions too big...

Not really a big deal. The money system will outlive everyone of us. Debt cieling... who cares? They will just lift it if needed. Goverment debt is not a big problem when you can do whatever you want, bend the laws, make new rules, borrow, etc. There's nothing to be scared of... over...

I'm 24 and I can already wish all of these things, and have them as regrets. I feel like I'm already dead. Money is at the root of all these wishes: 1). How can you live a true life, when society molds you into what they want you to be, and when you need to make money to be your own...

Not exactly sure where I am going wrong. I had at one point over 15k in profits. However, with recent pullbacks, it's barley enough to cover my losing trades. I know I have all the tools to succeed. A plan, discipline, risk managment, and an edge. However, in this case, it's been since...

http://www.youtube.com/watch?v=t5jw3T3Jy70 I do not understand what makes women tick. A grown woman reduced to tears and emotionally triggered by a rare monkey? :(