Search results

I have read that book and its utter crap and so are the authors arguments against scaling out of a position. The best way to find out what exit methods work best with your strategies is to test. Trent

The resources IB puts into all these things (which are 100% useless to a professional trader with data etc aqcuired from companies that specialise on them) could be used in a better way. For example to lower commissions or making the platform more stable. Also introducing new things all the time...

Esignal datafeed costs the same whichever proggy you use. If you use a different proggy you can skip the advanced charting fee in esignal, its $25 or something. Esignals fees will depend on which exchanges you subscibe to. Mine is around $200 / month. Esignals charting is very good these days...

Something about Chinese currency decisions? Trent

All price pattern based trading is based on past market action. Of course scaling affects trend lines. How long do we have to repeat this trivial fact? If you cannot use them do not assume that it is not possible. How much research have you done on trend lines to reach your conclusion...

Lets put it this way: If I see certain things happening (i) right at a trend line (ii) before price has reached a trend line (iii) after the price has breached a trend line I may take different action, allthough this is just one of the many variables in my decision making. So in my...

Spot on !!! Allthough in my opinion the question is flawed to begin with. Its like asking does a basketball work? Does a Guitar work? Does a hammer or a saw work? None of the above does "work" but someone skilled at using them can do wonders with them. Btw. personally I never take a...