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I answered his question. If you don't like the answer, that's not his problem.

And so on. For obvious reasons, ms can't respond to this sort of query without taking swipes at those who take a different path. I haven't followed this thread because of what it quickly turned into. But I did notice the reference to my failing to answer your question. The answer to your...

Rather than do what you feel like doing, test all of this and rely on the results of your tests rather than your feelings and wants. The SLA removes feelings from the equation, but only if it's applied correctly. If you want to trade longer intervals, then you should have entered on the failure...

You're not trending; you're ranging. You had the beginnings of a trend when price made a lower swing low, but that was no longer the case when price rose back through 48.5.

True. But then few "real traders" expect others to pay for their mistakes. :)

Like those who tried to short SHAK :rolleyes:

Clearly the general does not watch FauxNews . . .

He does have a way of emptying a room ;)

Not to mention a $250/mo newsletter alert service focused on "price drivers" :rolleyes: (speaking of what has nothing to do with the way the market works). Or was that $350? I forget what gullibility goes for these days . . .

Don't lose your sense of humor, FC. You've been spending too much time over at Jem's house.

Thoroughly tested and consistently profitable :)

Apparently his trading isn't going well. Maybe due to the lack of a t-t, c-p trading plan :)

Because 99% of traders don't have thoroughly-tested, consistently-profitable trading plans.

I'm afraid it's one of those situations where those who understand it won't need it and those who need it probably won't understand it, at least until they've failed a number of times. At some point, I may add yet another appendix to the SLA/AMT on mindfulness, or else rework The Mind Game...

Correct. And the danger point changes with each and every trade.

Inconsistencies such as there are or may be are part of the process of divorcing the ego from the development of a trading plan. Of course taking 5pt profits reduces the stress. But what is the source of the stress? Perhaps looking at what you have to see in the market to tell you that you were...

You are of course using a 1m chart rather than the 5m chart presented earlier. This alters the landscape. The 1m chart will offer more opportunities than a 5m. A 15m chart may not provide any at all, at least on an intraday basis. In the case of the 1m chart, the move up past 35 is not quite so...

Trading plans invariably become egocentric. A few traders get past that and move on to a different level, but most of those who begin the process of developing a trading plan do not (most traders, of course, don't begin at all). Because the process is egocentric, the chief concerns are where do...

Which if nothing else should convince you to do the opposite :)

So do you want profit targets and more trades or no profit targets and fewer trades?