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I see you're charting Hurricane Earl there Bolimomo :p

Matcha, I've been thinking about your response to NoDoji's query about the influence of a first losing trade. I'm only speaking from experience when I say, "watch out for the Influences' ugly stepsister (or brother :) )!" Before I learned to be comfortable with risk I had a habit of risking...

Matcha, I'm not a PA trader per se, but if memory serves me NoDoji has made several posts where she describes trading decisions based on the 20 bar MA. I've noticed on several of your Dow charts prices seem to respect that 20ma line. ND's comment, "if you enter a trade in the doldrums...

Matcha, You are indeed a unique individual, Great job. I,m sure you will be (if not already) CP before you know it! Your first trade, the short: I said in my last post "I always figure something stopped the rally, and if I don't know what it was (YH, 3DH 5o%fib) how do I know the resistance...

tlow Nice job tlow, You're impressing me with your patience. If you ask most discretionary traders about the news, several will say I get out X minutes before the news. If you can see market depth on your DOM you will see orders leave like birds on a wire just prior to the news release...

Matcha This is what I'm talking about, 20 min (4 bars) after a 40pt spike you jump in the top half of the bar with a long and yesterday prices chugged along for almost an hour covering almost 90 pts and you did nothing. Both times you entered longs in the top % of the move. Maybe prices...

Matcha, Nice chart analysis. :) ,,, I agree. What was it? All trades have the element of risk, as traders we control our risk with stops. I've noticed you shy away from really good trends, I invite you to ask yourself ten times FMR's question; What was it about the morning that made you...

Tlow You've been doing well. Nice #1 trade, impressive "wireless" exit. I'm still trying to figure out how to turn off my speaker!! How did you come up with your initial target on that trade? Good job dumping the #2 (no pun intended)(see chart) I've bailed on many trades because I didn't...

Matcha It isn't very often a guy can say this to a woman and get away with it, Nice Pair :) Very well read and very well done. Bravo

Matcha, Forgive me for not realizing you would be trading the Z contract Friday morning. I had just gotten the CBOT mini data that day and I guess I was caught up in some sort of "irrational exuberance", I'll get the Z to you. As with most indicators the P/H has it's strengths and...

Matcha Here's another that may be a bit more helpful

Matcha Nice to see you bringing down the amount of trades per day, I see you easing back to "normal". When I give the market my money (loss) I put them (the market) on a repayment plan... I use to Demand payment in full but that never really worked out so well, for me. I always thought of...

Great question, I'm surprised at the response or lack of such. I've struggled with this issue too. I've spent an awful amount of time and effort keeping the parameters of my intraday system code-able (I think) but those scheduled news releases are my White Whale. Some (releases) are no problem...

Personally? I look to enter long when the probability of my stop being triggered is very low (support) and the probability of my target being filled is very high (resistance). If you're searching for ideas to devise a system or method for trading a small account (1 lot) there are several...

"big money makers, many big times trade" Trading big positions (100, 1000 or 20,000 contracts) is all about an average entry or exit price within the price range. Daytrading a one lot is all about where in the price range I enter and exit.

There are as many trading styles as there are traders in any single market, but there's only one market. Knowing your market and it's "normal price rotation" is most helpful in the situation you've described. I like VWAP along with Std Dev Bands to get a read on where prices are in relation to...

Yeah, the book mentions that <*)))><

From Trading in the Zone: by Mark Douglas A probabilistic mind-set pertaining to trading consists of five fundamental truths. 1 Anything can happen 2 You don’t need to know what is going to happen next in order to make money. 3 There is a random distribution between wins and...

Gatling Gun Maybe you missed my point, I was talking about targets. Targets are predefined profit objectives, the price area in the market where you would close-out your position. And what, you wanted $501 or $5001? That price area held for Tues, Wed and Thurs, we all must learn the hard...

Please, let's say critique. Personally, IMO I think your stop placement is obvious that's why you've had 3B/E's and how many 1 pt or less trades? Your not a scalper right? I was wondering more about your targets. . Another great decision A+ (for now) you're a winner in the making. I know...