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In scalping 1 to 8 points in say ES several times during the day session using too tight of a SL will hurt you and you will lose. I find that a set point based on a monetary SL is a losing strategy for scalping. Therefore, I use a PA SL. Also when scalping R:R is usually not so great. Because a...

Sorry to hear about your wife. I know exactly what you mean. We both dropped everything to focus on helping our daughter but the cancer had spread too far. MD Anderson in Houston could do nothing to help. The stress was almost too much to bear at times. But somehow we made it through and keep...

Lived there 5 years or so. My daughter was born there. Afterwards lived 13 years (my wife says so, I thought it was 12) in the Highlands of southern Mexico. A quaint colonial town San Cristobal De Las Casas, Chiapas, Mexico. Then to USA then back to Honduras for around 5 more years.

Thanks! Life is short even if we live to be 100. We have to learn to enjoy the ride even in times of adversity. Our only daughter died at age 34 ..cancer. It was a big blow to us. But she would want us to carry on living life. Which we do even when we struggle, at times. When trading we face...

1) yes, many traders bleed to death with too tight of stoplosses. 2) averaging down or scaling in to be PC Lol is a viable strategy for a scalper. At least it is for myself. But it should only be done when context is right. In a bull trend never average down short i.e. as to a losing short in a...

Then maybe you should discuss things with destriero. LOL

Were yu doing Destriero style trading?

Lol

Yeah that is correct. We should not forget it was not beef they ate. Or chicken. Or hogs. Or fish.

So……..WHAT….It is really cold right now.

Or the poles flipping.

It depends on the data CHECK

I am PROUD to be a fossil fuel devotee. I just love the sound of my cummins diesel 40 ft motorhome! AND the delicious smell of diesel burning. I hope to never be forced to get a EV Motorhome where the batteries putter out and go com-plunk half way up the Rockies and the wife is pissed and...

IMO it is all about $$$$..lining someones pockets for tooting the “green energy” horn and getting $$$ from gov and tax payers. IMO one day the general pop will awaken and realize it was all a hoax. IMO we have been hoodwinked! Well not everyone. I haven’t! Lol. I will still be driving fossil...

In the 70’s we were all gonna freeze to death in the coming ice age….so,….here we are 50 years latter and we are all gonna burn up …drown…die of storms…starve to death from famines …..all from climate change… BTW is is really cold this week….I’d bet even the climate change people are wearing coats.

Lol

Lol just imagine all the electric motor homes stuck in the mountains with a lot of dead batteries in storage areas of the MH dead… dead..no juice. Wife mad. No supper. No sir ..if I am still alive in 2050 and able to drive I will still be driving a fossil fuel motorhome. Going all electric is...

Simple and simplistic are two different things. It is not a simplistic thing to arrive at a simple thing. It actually is quite complex. Evolution is a simplistic way of explaining the appearance and creation of complex humans. Creation is very complex. As is the universe. Even the world we...

Could be …could be…however, I find it a useful tool in my trading. For scalping anyway.

You must not know how to use the traders equation in conjunction with reading PA or you would not say that. At least use the peeing methodology above. If traders equation is too complicated for you. Lol