Search results

Lashing out was maybe a tad heavy handed... moving on. As I've stated several times in this tread - I don't care what DBP does. I don't care if he has never traded in his life. I don't care if he has busted his account 100 times. I'm a big boy. I put my big boy pants on. He hasn't...

I'm nothing special. I have fears - mostly of failure. I haven't made a dime in nearly 3 years and have two kids and a wife - a very loving and supportive wife whose belief in me is probably stronger than my own. I don't fear losing money any more because I have done it so many times. I...

Its best to try to change the conception you have of yourself. Even moving from "I'm damaged" to "I have damage" is a good first step. Words have power and we are constantly re-enforcing our self-image. " I'm damaged" implies permanence. "I have damage" changes that idea to something you...

I don't know what you mean here? The input of a time based chart is tick data, like any chart. It slices up the stream of tick data by the time increment. Am I wrong?

Oh snap! Nice dig... Seriously though, you can't see your ego involved here? "I can annotate an ES chart with the best of them", my automated approach to the market is "a level above" SLA. The reality is your approach hasn't produced any results. I'm not saying it can't or it won't if...

I recommended a book in chat today that I think can help with this. Its called, "A Strategy for Daily Living" and since you are highly motivated I won't have to ask you to do the exercises. It can seem a little psuedo-spiritual which turns some people off but I've found this sort of approach...

Thanks - its nice having company. I never had that until late in the game with poker and was always envious of the players that had others to bounce ideas off of and to propel each other forward.

I used to make $100 an hour playing poker. I'd play around 25 hours a week. I'd have people tell me all the time, "just play twice as much or move up limits and you'll make millions". I guess since they did the math they were right? They were assuming that I could play my "A" game for more...

Not that I want to get into it but you are doing bad math. You are assigning risk and projecting profit off of that. What if DBP on average risks 4 ticks a trade and captures 40? What if he doesn't double his contracts until he is the entire market?

DP If day trading turns you into a rage monkey maybe it isn't worth it after all? What do you hope to accomplish by bashing this tread over and over again with the same message? We get it - you are an awesome trader and have proved it over and over again in real time. Anyone who doesn't...

Here is a look at the hourly. I'm not sure if the upslopping channel is still in play. I think this is one of those times when the upper channel line should be moved but I'm not sure. I've include a second hourly with this change. Maybe DBP will weigh in.

I took 3 trades today. One was a 6 tick loss (1). One was a 10 tick win (2). One was a 13 point winner. The first two I shouldn't have taken at all as I was still inside that pesky range. The first one was bad location, bad price action - pretty much bad. The second one has better...

Ammo - its unclear to me what you are illustrating here. Can you expand it a bit? Also what software are you using? (I have TDA too which is why I ask).

Since you are such a rationalist what facts support your claim that these methodologies do not work? There are traders on here that make amazing call after amazing call. They don't share their methodologies however so it is of no help to anyone who wants to learn. (I in no way think they...

The man (or woman) who succeeds above his fellows is the one who... clearly discerns his object and towards that object he habitually directs his powers. Even genius itself is but fine observation strengthened by fixity of purpose. Every man who observes vigilantly and resolves steadfastly grows...

Where is there a good online calendar for news releases that effect the financials?

A more zoomed in view. We can see that price spent a lot of the overnight session revolving around the mid line of yesterday's hinge and now we are forming a range there as well. I'll definitely be standing aside until we are above 62 or below 50.

Niko are you trading the hourly or just applying SLA to an hourly chart?

Nothing really new to comment on. We are waiting to leave this range and either go up or down. Hopefully something gives today.

Do you have a trading plan? I've kind of hopped around here and it seems like you're doing different things every time I land.