Search results

Understood and knew about the three day clearance. In fact some brokers won't let you short without a margin account. Thanks for your time. Joe

Hi Freak, I mostly use daily charts, I find them to be the most reliable. For precision I will go to much smaller timeframes but the bread and butter comes from the daily. Don't use indicators just lines, lots of lines. I monitor the morning for stocks doing big gaps before the open...

Update on partnership with wife. Had a long serious chat with her. We agreed to 40,000 initial starting capital no margin for the time being and no usage without mutual approval. Since the risk plan is constant risk, blowing up the account means total failure and no second tries. There...

Not very good at the quoting techniques of the forum so interlaced the answers after your questions. Thank you much. Joe

Great idea about framing it will definitely do this. I was thinking Constant Risk and no withdrawing from trading account. Joe

Trading tools at my disposal. Ninja trader v7 with Kinetick Live feed freestockcharts.com finviz.com Don't want to overwhelm myself with tools for the time being. I suppose the broker can supply the rest. I know Ninja Trader can annotate my trades right on the charts with entry...

Cloudy, First of all, thank you for taking the time. Lots to read and digest but being unemployed time is something I got. Will definitely read it all. Keeping it real, I'm not new to trading but the live part needs ample experience. Would classify myself as somewhere in the middle...

Money management trading plan so far as of 07/28/2011 (Under review) Deposit of 40,000 Margin enabled but I won't use it, if I'm to exercise discipline this is an unbreakable rule. Maximum risk per trade 400.00 Two minimum reward targets: First target 2x the risk half size...

Did and doing so as I type this. Thank you for the affirmation. Joe

PetaDollar, Thank you for taking the time. I was planning on opening a 40,000 trading account with Interative Brokers, never thought about using a non margin account but will take your advice under consideration. I suppose the reason for this is to prevent me from trading more than I...

Hello readers. You are about to read a personal story. I'm glad the Internet allows some level of anonymity because some parts are painful to write and via this medium it all makes it a bit easier or I should say, less hard to express my story/situation. I'm in my high 40s, married to a...

The experienced traders that were showing us the way stopped posting now it's up to us to find the rest of the way. I'm compiling everything to keep going.

Thank you for taking the time, very interesting points. Your charts as supplements are always a welcome addition. If you are willing, I will study them inside out. :)

Taking note, will update. :D

[/B] The HFT paranoia is ridiculous. Someone or something to blame for losses I guess. I see certain patterns working regardless of HFTs and other paranormal theories.

Under the testing I've done, moving stop to BreakEven minimizes some losses but also prevents you from obtaining some winners. The end result was that it hinders the expectancy curve.

thank you ammo

Thank you for kind words. Yes, when i started trading the markets I realized there are trends within trends, which makes it all quite confusing, yes the trend is your friend but with dozens of friends fading each other, whos really my friend! To end the confusion I have adopted the rule that...

Im watching too, sad stuff.

1300-04 or 1400-04 ?