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Hey chap, Keep hold of your money, basically all the information in expensive home tuition courses is available in relatively cheap books. My suggestion to you is to find a method that works, and devote all your time to mastering both its tendencies, and your own discipline. Learning to...

Because she doesn't mind keeping you behind and giving you a spanking? :)

Man who make predictions for a living, make a lot of them. :)

Traders take a good method, and ruin it by trying to make it perfect. Perfectly normal behaviour.

Once again the Magic 8 ball continues to out perform popular opinion. :)

Latter refers to those who have to take the hard route, I've met plenty of them! Former refers to those who take to trading easily and without major suffering, of which, I have met few. None, to be precise. :)

At the risk of sounding condescending, it's easy if you make money, hard if you lose it. Some take to it easier than others, like anything in life, be it sport or mathematics or art or etc. For the not so talented though, learning to trade is a slow and arduous process that is both...

I asked my magic 8 ball indicator the following; "Will the markets sell off today?" Magic 8 ball replied; "Very doubtful."

lol :D Pretty good here too, 40 tick day.

Many happy returns.

I agree, T28 deserves a medal. ET Legend.

The chart pattern dictates where my stop loss is, on any time frame. I generally try to enter only high probability trades, and if it doesn't work more or less straight away then I will cut it loose. They're mental stop's based on what I see happening, though I do have a max stop of 30...

Don't be so hard on Blue, he's a funny guy.

He should have used the Magic 8 ball technique.

This thread is gold.

I have called upon the aid of the most accurate technical analysis tool known to man. Its verdict? "OUTLOOK NOT SO GOOD." Trusty magic 8 ball, never fails.

Mo0, they're not 'after the fact' charts, they are screen shots taken from the points I entered and exited while the charts were live. It's just an example of how strong the signal can be when you get a 2 minute zero line cross, and a 10 minute zero line cross at more or less the same time...

Mo0, I don't trade any other vehicles with this method, mostly because I'm very familiar with the ER2 market rythm now, and I'll keep trading it until liquidity becomes an issue. JimmyJam, they must have been exciting times with regular 300 tick days, I can barely imagine it. I turned 22...

You're right, patience and discipline are certainly some of the hardest aspects of trading to master. No system will be profitable if one doesn't have the necessary discipline to trade its signals. I like high probability trades, for example when the 2 minute and 10 minute charts make zero...

Roughly; 8 trades per week. I aim for at least 2:1, often 3:1. Win rate 40% on average. On my screens I have 2, 10, 60 and Daily charts, most signals come off the 2 minute chart, with 10 and 60 for confirmation of direction. I close any trade that isn't acting as I expect it...