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Yes it was sarcasm

Like I said I don't know the guy. It's just the way he posts it appears he is angry and emotional in trading. Maybe you are right and he is just sarcastic. But his posts to me appear that he is frequently on the wrong side of the market and emotional at the same time. If it's not true for him it...

What's the single thing you've done that's improved your results? I joined elite trader.com :D:sneaky:

I will make one observation here..... I don't know you or how you trade or your reasons for posting with such vigor and anger in your posts. But it appears to me you are angry at the Fed and the perceived inflation they are creating. I get it and in large part agree with it. However, when the...

Freak of Nature nailed it. It has been shown that scaling in and scaling out usually leads to lower profits. However if you are a long term trend follower in trades for weeks and months it can be effective to minimize losses and increase gains (notice I DID NOT say MAXIMIZE gains). Take...

YES they would. This chart is of TNA. If you look at TNA at the historical values $5.11 is adjusted closing numbers. The problem is the $5.11 may have been the absolute low for the month and may have only occurred for less than 5 sec. The problem is that that SAME candle has a high of about...

It's good that you set a max loss per trade. I would sell at my sell signal or stop loss and move on. No sense crying over it.... Just move on to the next trade. Just because something is oversold does not mean it will revert to the mean or reverse. If it's a strong down trend it can remain...

I am a swing trader and frequently use 2x and 3x ETF in trading my 401K account because we cannot use margin in those accounts at broker. So I use them to catch a wave and swing trade. Usually no longer than a few weeks for the 3x ones but as much as a several months for the 2x ones. It has...

I think this analogy of TA and driving is flawed when saying its like looking in the rear view mirror and predicting where you are going. In fact, I think for me it's more like being a passenger in the car looking out the front windshield and someone else is driving. None of us control the...

This is exactly what I was saying,... but the OP said the curve takes into account the win rate and max drawdown of his system. I find that hard to believe. As we have been trying to explain, the higher the risk the lower the ratio of reward:risk. At the far left extreme is a lower risk with...

I don't think it is as simple as what you are drawing. You have to take into account your systems win probability and max drawdown you are willing to take before you can achieve an optimal risk. This same curve may produce a different result for different traders all trading the same system. For...

It is a method of using chart patterns, support and resistance levels and may or may not include indicators to synthesize a read on the market and direction of the market or stock, currency, etc.. It is thought to work because it takes into account everything that is known by everyone in the...

I agree with most of what Handle123 said above. I too use MACD on weekly and daily charts for the longer term trade or direction and use the 60 Min for entries when they are counter to the prevailing trend. Yes MACD is slower and reduces likelihood of getting in to get stopped out but it still...

I use MACD all the time as well for trading and rhink any education is valuable to those less familiar with its use but it seems that this article is meant to promote MT4 when nearly any charting software or site has this indicator. I would also classify this as a very elementary view of MACD...

When you feel like this after your last trade...:D

I have a simple rule that may sound a bit odd but I will explain. I trade (long/short) ABSOLUTELY no more shares than the 22 day average volume of the stock/780. ( MAX Shares <= (22 day average VOL/780)). There are 780 30 second periods in a trading day. I want to be sure that I can liquidate...

If you are depending on this money from trading for income that will add stress. If all you have done is backtested the results but not forward tested the results that will add stress and shake your confidence in the system. You did not mention forward testing. If you have not done those...

Ok... again Martingale types of "betting" do not work because you are assuming that there is a cause and effect from the outcome to your chance of win. There is not. If you flip a coin (50%) chance of heads or tails. If you flip that coin 1000 times there is a possibility that you will have as...

Ok I get your points and glad you understand mine. However, I think there is one thing you are not fully understanding from my points. Both Martingale and reverse Martingale have been shown to poor ideas for risk management. I would not recommend them. Set a risk per trade that will surely NOT...

Hey do you mind explaining why you are doing this? This appears to be a type of reverse Martingale type of betting/risk if I understand it correctly. You appear to be increasing the required minimum REWARD before taking on the next risk in the next trade. That does not make sense to me because I...