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  1. K

    Which American prop firms offer access to European markets?

    I'm most interested in Euronext and Xetra but others would be good as well.
  2. K

    I can't get over this hurdle. I would be grateful for feedback.

    I read your posts on the ES Journal and know that you're a practitioner of intermarket confluence. When I started out on the ES, I used the intermarket relationships approach as well. I looked at the DOW, XLF, XLE, UVOL/DVOL, VIX, TICK. I found that looking at them made decision-making...
  3. K

    I can't get over this hurdle. I would be grateful for feedback.

    First, I'd like to thank everyone who read and replied with their thoughts. It's much appreciated. Second, the volatility aspect is something I'm investigating. I recently finished reading the Sinclair book on Volatility Trading for the second time. Although his book focuses on...
  4. K

    I can't get over this hurdle. I would be grateful for feedback.

    I thought more about what you said and the problem is entirely in my head. Attached is today's five-min ES chart. The red arrow is where I sold 10 contracts. I was looking to get out at 1134.50. As you can see, it hit settlement (1136.50) and bounced which is expected. It then came back...
  5. K

    I can't get over this hurdle. I would be grateful for feedback.

    I don't use trendlines. All S&R for me personally is horizontal. Ok, I admit that when I was short this morning at 1138.50 with a profit target of 1134.50, and then saw ES find support at 1136.50, I refused to change my mind. I then let a $1000 winner turn into a loser.
  6. K

    I can't get over this hurdle. I would be grateful for feedback.

    I have no problem taking 4-6 ticks at a time. Three of those together is a good trading day on the ES. But what's the point of taking 6 ticks when the market's willing to give six points? And one can't say, "Well, just keep scalping the trend" because there's an opportunity risk involved...
  7. K

    I can't get over this hurdle. I would be grateful for feedback.

    Three years in, I can identify key prices levels and the beginning of trends. If I miss the initial move, I can identify a good price to get in for the next leg. I can identify key levels from higher timeframes so that, when the market is moving relentlessly in one direction, larger profit...
  8. K

    ES Journal Archive (2009 - 2010)

    That's fine. The problem is forecasting volatility. One can know where to enter and how to ride. One can even know good exit points. The key question (for me at least) then becomes: **WHICH** exit point is a good choice? Don't misunderstand me. I'm not advocating looking for the...
  9. K

    When you start to break-even, how can you tell whether it's because of luck or skill?

    I agree. But how long? Six-straight positive months with no consecutive losing weeks?
  10. K

    When you start to break-even, how can you tell whether it's because of luck or skill?

    At one point can you say, "Ok, I've gotten better at this"?
  11. K

    You know what blows me away about being a discretionary trader? How one slip....

    Okay--as long as we're both clear that you're the one making the assumptions and assigning motives.
  12. K

    A stock screen similar to trade-ideas.com, but able to scan European/Asian markets?

    I'm just looking for only two things: minimum price and minimum volume. Trade ideas provides a list for NYSE/NASDAQ/AMEX/TSX, but I'd also like a list from Euronext, Xetra, Nordic markets and Asia if possible.
  13. K

    You know what blows me away about being a discretionary trader? How one slip....

    Where do I make this assumption?
  14. K

    You know what blows me away about being a discretionary trader? How one slip....

    ONE act of hope, pleading, complacency, impulse--call it whatever you want. Just one slip can devour your entire month.
  15. K

    I've been reading about volatility forecasting. All discussion relates to options.

    dtrader98, Thanks for the list of recommendations and the advice. I've been reading the R book and I'm on the second chapter. I'll browse the other titles and maybe pick up a book on linear algebra.
  16. K

    I've been reading about volatility forecasting. All discussion relates to options.

    Thanks. I read more on statistics a few weeks ago when I encountered terms like "first moment", "second moment" etc. Turns out that Pearson applied jargon from mechanical engineering, and that they represent Mean and Std. Dev. respectively, with third and fourth meaning skewness and kurtosis...
  17. K

    I've been reading about volatility forecasting. All discussion relates to options.

    Yeah, I want to know enough to understand the academic trading papers and also the formulae in the practitioner books. I doubt I'll go into advanced territory. I'm reading Calculus: An Intuitive and Physical Approach by Morris Kline. Fantastic for self-teaching.
  18. K

    I've been reading about volatility forecasting. All discussion relates to options.

    Heh, that's exactly what I was reading. And yes--it's a great book. Easily the most lucid reference on volatility for someone like me.
  19. K

    I've been reading about volatility forecasting. All discussion relates to options.

    So I was reading further about volatility when I came across something called the Taylor theorem. I looked it up on Wikipedia and saw that it was related to calculus. I know nothing of the latter so I started learning it today. Since it deals with rates of change, I presume calculus will be...
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