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I'm keeping an open mind on the subject

Hey anonymous stranger, Thanks for the link I will check it out. Yeah I'm sure the spreadbetting is detrimental to performance, but at this stage it's not really about making money. My win rate vs the size of wins is too low even taking spreads into consideration. If I could breakeven or...

I treat everything I read on forums with a healthy dose of scepticism...even your posts = )

OK, thanks

I'm going to need some time to ponder this.

Thanks. Your previous post has given me a feeling that this is largely futile for somebody with my limited resources (time being of the most limited), so maybe I am kidding myself. Sure it's interesting but maybe I could do something interesting with my time which doesn't lose money = ) Or if...

Oops, no chart

You are right, if it's going to come down to an arms race between myself and prop firms I might as well quit

I would very much appreciate it for you to share your reservations regarding my trade plan. I didn't want to admit this as it will no doubt give everyone the impression I am a hopeless noob, but I use a spread betting account as I am reluctant to commit significant capital to this venture...

Last two trades were losers:

Well I am quite partial to a philosophical debate but you make a good point. Trade plan attached. You may recognise this as my take on the floor trader method: http://www.trading-naked.com/FloorTraderMethod.htm

OK that posted straight away but my earlier responses seem to have been misplaced. Well at the risk of repeating myself, what I wanted to say to dbpheonix and Gringo is thank you very much for your replies, they are much appreciated and I don't mean to sound cocky with what I am about to say...

Sure he could fire up his trading platform on our lunch break if it's web based and show me his open positions, some may be winning, some may be losing, I may even get a peek at his account balance, but I doubt he is going to talk me through a live trade in an office environment where he could...

Great, doesn't sound implausible at all = )

Many thanks dbphoenix. As I said in my previous response I don't really see how this is different from what I currently do except I am taking a bit of a shortcut. No doubt I am missing something.

Thanks, I just don't see how this is different from what I am currently doing. I basically 'buy the dips' in a trending stock. So I look for a retracement where the candles are making lower lows, narrowing in width, and volume is decreasing. So I can choose to go through 100 charts "engaging...

I know there is no way of knowing really, I guess I should have worded my question differently. And I suppose I have already decided mechanical systems are not working for me or I would not have made this post in the first place so perhaps I am among those being dishonest with myself. I do...

Hi, I have been working on a trading approach which is largely mechanical and based on price action and volume, i.e. I run a screener which returns stocks where x, y and z conditions are met and I then take positions in those stocks. Sometimes I may override the screener if something really...