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I've been at this for half a lifetime, passed through the charting stage in the late 80s- 90s, these days it's instinctive, coupled with excellent risk management skills, keeps me on the crest of the wave. Cheers John

Yes, we are basically on the same page although I don't trade off charts per se. Cheers John

This is basically my preferred approach referenced by my previous post, it works well, low risk high reward. Cheers John

For some reason it only displayed the last sentence. No deliberate attempt to be cryptic.lol

No one can know if the next tick will be a continuation of the previously observed trend or the first tick of the reversal, all we can do is observe what has happened in the recent past get on board and hope like hell that it continues, this takes a lot of fortitude/stoicism. Yesterday is...

The trend is you friend. That's it in a nutshell. Provided the strategy reflects this you will make money, everything else is fiddling at the edges. Cheers John

If you want to get a job in a medium to top flight organization then you are going to need maths/science /IT major. On the other hand if you are happy to be a private professional investor(don't delude yourself about being a trader) then formal education is irrelevent. I left school at 12yrs...

" Don't cast your pearls before swine" seems to be the philosphy of most people who post on here.lol Your first paragraph just about covers it. Cheers John

I have read the first 3 books mentioned and agree particularly with Reminiscence of a stock operator and considering his/her good judgement will now probably read the last three. One book that I would also recommend is "The Elements of Successful Trading" by Robert P Rotella. I should note...

It's always been "horses for courses" there is far more low hanging fruit available to the retail trader in other areas, often hiding in plain sight. Usually all it requires is an adjustment of risk management practices. Chees John

Unless you are a floor trader or trying to scalp off a screen (good luck with that) then we are all basically investors no matter what our poison, the question then just becomes what is our preferred timeframe, and method of operation Markets display similar behavioural characteristics in all...

One tactic I use for entries is to take on my position incrementally. Say 1/3 initinally so that I at least have some skin in the game. Then if the market goes my way I continue to load up, if on the other hand I'm looking at a drawdown I look for an opportunity to add a second 1/3 as close as...

Yes Red, I must confess, tis I. lol It's good to catch up with you again as well. It's so long since I last posted that I couldn't remember my password hence the new handle. Still working the ebb and flow of the markets, so far so good.lol Good to see you realize that flattery will get you...

Hi Redneck, long time no see (5yrs), how have the trading gods been treating you. Cheers John

Here I am at 1.00am Aussie east coast time trading the SP500,SP200 and FTSE100 Indexes and Options, I find indexes to be my low hanging fruit, if there is one thing that I have learnt it is that you are only as successful as your last trade. There is no final hurdle to profitability. Over the...

You might get yourself a soft pillow for your knees as well because you can expect to spend a lot of time on them. lol Cheers John

To be honest the only thing that I would suggest for deliberate short term trading by a retail trader is "The Bible". As I pointed out, the market is the boss, it dictates everything that a trader needs to do, it tells you what the trade timeframe will be, it tells you the direction to trade...