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Nor is mine. I do not rely on any "algorithms", computer-technically speaking, even for my mechanical systems. I know most of the time when to trade breakouts. I can feel a breakout coming before it even starts. No system in the world could even detect it. Doesn't mean I don't still know my...

Well, ditto... This is what I've tried to make him understand all along... He ain't getting it. :cool:

What are you talking about? Patterns, S/R, highs/lows/close, PREM, pivots? I look at the charts every day, and likely see what you're looking at. Except maybe for your Gann Squares, Elliott Waves etc. You are right, I don't see them. I am sure the professionals look at them a lot... As for...

That is an asinine comment, and I've made this point long before WT even strolled these boards. But all the power to you, as you wish. I agree, tighter stops don't necessarily increase your frequency. However, they can, if your parameters recur frequently. I.e. the quicker you exit a trade, the...

That's why you continuously evaluate your trading cycle. If your trading cycle requirements aren't met 100%, you immediately know to stop and re-evaluate your system. Regarding the "trading cycle": It is a common systems evaluation tool. I wrote about this some time ago, but later found...

:) Probably. Have a nice day, S

Absolutely, they do. That's why you periodically re-adjust your parameters. The principles, however, remain. :) S

Yeah I've understood that you're in the market on trend days. So am I. And what do you the rest of the time? Wasting your time! Let's face it, that's what you're doing if you're sitting in front of the screens 80% of days, not using any opportunity to trade: Wasting precious time. You...

Ouch! You shouldn't have done that... You spoiled all the fun. :( But since the damage is now done, may I add something. The higher frequency (resulting from smaller targets and smaller stops) also isn't a bad thing, but actually a good thing. The higher the frequency, the faster your edge...

Agree on that being inefficient. That's what I do, too. I often have positions with the larger direction, exit partials / countertrade with larger size in the smaller fractal at the leading end of the envelope, then exit and add again at the trailing end in the larger fractal. Basically...

How you could improve your trading? Based on this post, some hints: 1) Stop always trying to hit the "home run". This is a common newbie mistake. Not only will always going for the home run make you miss out on many good trades, but also there aren't a lot of real trend days in a month. Only...

How unfortunate that you didn't even bother reading the thread any further. If you had, you would have noticed my explanation. My first mentor shared outlooks, methods, attitudes, experience, setting the rules, making a plan, setting up a trading biz etc. My second mentor shared solid...

If "pullbacks" average 2-2.5 points, then why not use that knowledge and put your entries 2 points lower, instead of chasing the market and being the n00b buying at the extreme of the retracement every time? I mean - this is what you seem to be doing, correct? Sorry to have to say that, but...

Of course he's right. I've got the quantitative evidence to prove it. I just won't divulge it here, for obvious reasons. Apart from that, it only takes one look at the current daily range of the ES to see what kind of stops are reasonable, and what aren't. Let the crowds of the market paddle...

This is a hilarious post, I gotta leave you that. :D As for "displaying talents to the public" and "protecting my privacy"... Well, I never do, either! LOL! Show me any post where I did! This current challenge isn't exactly public (will happen in Bryce's room, not on ET), and as for...

Fair enough. :) I would be more than thrilled if this was true. Like I said, I have been looking for a superior trader to trade with and learn from for quite a while now. These are our markets, my dear lord. Play the fanfares. Let us begin. :cool:

What exactly to you mean by that, huh? The fact that I've mentored people? Remember, I don't have a website and don't peddle any stuff on the internet, I also don't advertise or solicit anything. I only do mentorships upon EXPLICIT REQUEST, and with that I mean serious convincing skills, plus a...

One second... Since when is that the prize? Isn't that the challenge? :confused: Ah-hah! Who is getting the better deal here now? I win = you lose nothing, and get a (superior) new member in your room. You win = I lose $1,800 for nothing but "access" to a chat room. So you win both ways...

Prove what point? I'm not quite sure what you mean by that. But anyway... Time zone? I trade the whole US day, and we both live in Australia, correct? :) Or maybe you just trading amateur hour and bailing on pro hour? :) :) :) It'll be fun for sure. :cool:

What exactly do you mean by "conform"? :D But fair enough, yeah that sounds fine to me. 50 traders? Jesus! Why would you even bother trading? Sure, we'll do that. Absofundamentally! If you beat me, I will sure learn something, if I beat you, you will learn something, and in any case we will...