Search results

No, I was stopped out and now I'm flat. I will explain it further later this afternoon.........stay tuned! :D

Yup! Stay tunned this afternoon for secret #2 and a brief synopsis of today's trading along with the rules. :cool:

Richard Dennis turned $400.00 into $400million in just 10 years using that system. They do ride out large drawdowns but the system was designed to manage $100k account and diversifies accross several markets. The strategy can be refined to manage account sizes as small as $3k! :D

A chicken will enter a burning barn with little or no regard for its current reality. A novice will "CHURN" his/herself until they "BLOW UP" there account. What is the definition of insanity? Continuing the same action looking for a different result. If your system losses 10 trades in...

That is a wonderful observation. Lets explore it more indepth. Question: Let's say a trader favors smaller stop losses so that way he will experience small losses? Answer: Incorrect!! The smaller the stop-loss the higher probability of loss!!! Many small losses equal ONE BIG LOSS...

The formula is quite simple........10% Use 10% and you will last longer and survive even during the worst drawdown periods. Use "Volatility Stop-Loss" (The Cousin of 10% Rule) to stay in winning trades longer. :) :D

No, in order to stay disciplined you must not move your stop loss period! The only time you move your stop-loss is when the market has moved at least 3 points in your favor. Then you move your stop. NOTE: You have 2 choices One: get out! & take profit...

True. But the real divergence occured @ 1011.25 that would have been the correct Short Entry if you were fading the morning GAP. However, I decided not to trade the RVSL because Im looking for bigger fish to fry which is on the upside. 1050 - 1072 range. Im looking to find the break-out...

Yup, got my price. That's GLOBEX for ya. :D

First Trade Secret REVEALED!!!!!! You will want to print this out and stick it on your terminal. The E-mini S&P 500 Futures contract has a average daily range of about roughly 10-12 points. On rally days its 15-20 points. Thats It!!!!!!!!! So, I may have to hold on and ride...

I agree. That's why I started this thread. Seeing is believing. Theres alot of BS out there of people who talk alot but don't trade. I'm here to rectify the problem. My mission is to help as many traders as possible to learn how to navigate the muddy waters of the "SPOOS" by way of the...

For those of you still trying to "Scalp" this market.....BEWARE!!!! I will give more details on this later today. But for now.......dont short until the "tank is full" How do you trade "GAP-MOVES"? Answer: In a "Bullish" environment you don't. Wait for the buy trigger - then...

Thank you. Stay tunned.....I will try to reveal alot of my daily set-ups and many trading secrets to trading the E-mini's on a consistant basis that will earn you daily profits and ketch atleast 1/3 rd of weekly and monthly bars!!!!!!!!!! You simply have to see me do it to believe it...

Thanks for such a great question. Answer: The intra-day volatility calculation will be discussed at a later date it is much to complex for this thread. However, to put it simply...........Orders are placed into globex by routing and order matchup. First come. First serve. It you examine...

That's a very good question. The answer is quite simple. The initial 3 point target will allow me to exit the trade atleast break-even. Break-even = half a point. The sell limit order is not placed!!!!!! It is merely a guide to move the stop loss to break-even once the 3 point target is...

I've traded this methodology since 1999 and it has about a 93% accuracy rate and I've made alot of people alot of money including myself. I appreciate the laugh. I must admit it does at first glance look preposterous!!! I'm either an IDIOT or a GENIUS. (a little self esteem on the later)...

Volatility 101 there is no such thing as 3:1 or <. You must allow room for the market to ebb and flow. Money/Risk management is all about setting pre-determined stop-loss parameters before the trade so that you know how much you will allow the market to move against you before you bail...

thanks. :)

Now with single stock futures you can trade the QQQ's with more leverage and less margin requirements. If you would like to start a new thread specifically for the QQQ's then lets see by way of vote. :)

Watch out for the whipsaw today as the market hits up against major resistance. For info on how to play this check out my "T-REX Journal" in the journal threads.