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aspenboy "Fear,hesistation...my two nemesis(along w/their cousin-paralysis by analysis)" Here's how to root these out. Use screen capture software to compile a manual of you're set ups and refer to it frequently. If your set ups are working you will quiten the inner voice. If they are not...

Guys, if you want a free realtime chatroom for this system, if any follower of this system uses Ensign, that trader can open a room in EChat. Then anyone not using Ensign can download the standalone free version of EChat from Ensignsoftware.com and log into the room. Charts can be posted live...

ByLo, now is the time to develop your strategy. Keep only those very few that can consistently perform and that match your trading style. Use these to confirm you are correct in your own view and then begin the process of cutting the umbilical. The best source is your datafeed and your own...

ByLo - now I see. You been reading/listening to the gobblygook. Read the charts and listen to your favourite music - nothing changes. Up, down, sideways - take the trades and let others fret about the why's and where it must go because of's. Get to the stage where you really don't care - just go...

wtg - looks good

Just for something different - here's a Delta Chart calling for a "Vee" shaped day. The orange bars are pre determined intraday reversal times. The planets had the day mapped out. Suppose I better put this in the interesting charts thread,

Looks like it's just doing what it should be doing

hope that's not your real broker and account number though

You might be really lucky, impossible to say for sure without understanding your technique. However fwiw, I found Fx more simple than ER2, YM or ES and my technique carried over perfectly - didn't even have to adjust my charts. Assuming you are successful on the Bund, then congratulations...

man: good point (I used to trade multiple stocks but I still think it's inferior). Also there are types of edge that never change (eg structure) and there are fads (like Level II in a blow-off bull market) that go from rags to riches to rags.

I used to have a rule not to hold more than 10% of the lowest daily volume in a stocks last 6 months - and these were all blue chips. The likes of GM & IBM were instant but smaller stocks in the S&P could take hours. Try scalping with that volume of $$ - no way. That's why hedge funds don't...

dazed, think about it my friend. Picking top and bottoms with accuracy means you can make all the money you want. Why don't you start a thread with the title, "Wanted: World's most successful traders to show me their secrets to making a fortune" cos that's what you're asking. You'll do better...

I like it Jack - I never scale as I'm confident enough in what I do. I've given up telling this guy not to scale but he's convinced it's better for him. Whatever works and makes you feel good...

jack, he's trading a fixed 5 or 7 contracts depending on what instrument he's trading, and he scales out thus your average will be out. As for the rest of the details, I've been so occupied with what I do that I have not been so interested in these. Partly because I work out my own margin and...

Perhaps I should Nick. What about Yoohoo's Morph - definition, not letting the market bite yer bum?

Pekelo, the real point is that each trade should be the result of a swing/wave that allows 10+ points (YM). Now some will end up as 2 points but some will be 60 points. If there were 40 trades then yes, no question, I'd be way out in front of buy and hold for an hour. If it's a trend day then...

Nick - you're right. I call it morphing - my term. When a buy is the right thing to do but within seconds smart money sellers hit the market and I reverse for a breakeven or few ticks profit and let the short run. Took me years to catch them do it. So I trade anything from a scalp up to sitting...

Oh bollocks fearless. That's like believing I'm tall dark and handsome and then discovering I'm bald fat and ugly. Can I still call myself a scalper if I quick turn trade and then move into a even bigger timeframe? I get the point but I must have had my head buried in these charts for too long -...

Guys, the realtime disk defraggers have caused minor conflicts with my Firefox and Ensign. A friend reports no problems. When I changed a timeframe on a chart the bars were missing and webpages were blank. I will try it on a fast market and not change a timeframe to see how it performs. All...

secxces, I gave a lot away in the Interesting Charts thread and I alluded to some indicators that are known to lag the market but I use as lead indicators, for eg moving averages. I used to be a martial artist and I remember my sensi saying the black belt is just the basic level - now take what...