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  1. W

    Discipline

    Try to compete with yourself...:D Seriously, that can instill discipline. Try to show yourself that you can beat yourself. Or read 'The Power of Now' to understand what I allude to.
  2. W

    QCharts Dead

    Try SierraChart. It works with IB data feed. You need to be IB's customer though.
  3. W

    Is TA less profitable now?

    be as profitable as you can make it. You need to look for a new edge all the time instead of whining that a trend day or a non-trend day is killing you. Just an example from a recent thread. If a trend day has something to do with your performance then you will never make it as a trader. If...
  4. W

    I hate those trend days.

    I have both mirrors and a sound trading strategy. I am also a winner... if you know what it means because your whining does not necessarily indicates that.
  5. W

    Discipline

    This is not so stupid. Another way is to try a few good mechanical systems. You will have to withstand drawdowns, so perhaps combining these two things would be the best solution. I mean, discretionary and mechanical system trading. Or, if you have enough capital to withstand drawdowns...
  6. W

    Keeping It Simple

    Sorry, I am not annoyed at all. Try harder or, even better, do not make assumptions that anyone really cares so much to get annoyed. Making assumptions like that is just a perfect example of what simplicity is not about. When you stop making extraneous assumptions, you will see the world in a...
  7. W

    Larry Williams trading style

    Me thinks that Wade Cook would feel offended by this comparison...:D
  8. W

    I hate those trend days.

    I think there were two smooth periods today, both good for several points. In the second smooth part I was up over 8 pts (my short entry was @835.5), but ended up with 4 (stop-loss after 8 pt advance), the first one was much smoother of course and there was more room for bigger profits, even...
  9. W

    Is intelligence important for trading?

    If he could dress like a monkey, I would consider hiring him for my trading assistant...:D
  10. W

    I Need A Good Exit Strategy

    Try SAR, good also for entries, in fact I have a sound trading set-up that uses SAR for entries. Now, how do I exit? Well, I want to get a decent reward to risk ratio, SAR determines the risk so if I want this ratio to be, say 2, I know where to exit. If things don't work out as they should (you...
  11. W

    Is intelligence important for trading?

    Trading is more about emotional control and discipline than anything else. It's obvious that you have to have a sound strategy and that's where you need your intelligence. But that's it. Do not try to use it too much beyond that, because you will end up outguessing your system. Have a plan and...
  12. W

    MurreyMath

    than I thought it was... On the one hand, I can understand that. I too have my secrets that I don't want to reveal, but at least the opinionated do not bother me. I can always show them that what I said can be verified.
  13. W

    I hate those trend days.

    Well, it was smooth for some, not so smooth for others.:D That's what makes the market. BTW, I am glad to hear that I was not the only one to score points today. I was beginning to feel lonely here...:D
  14. W

    Is intelligence important for trading?

    A degree has nothing to do with how intelligent you are. It tells others only that you represent a certain field in which you hold that degree and so you are supposed to be competent in it. Sometimes even that is not the case. I once met a Ph.D. physicist, a faculty member in a Ph.D. granting...
  15. W

    Is intelligence important for trading?

    Yeah, and that's somewhat sad...because original thinking should be rewarded more than just the ability to copy others...but you are right, in real life it's not always the case.
  16. W

    MurreyMath

    It would be great if you posted more meat here in future. How about some calls that we can verify? I have a good system that I will most likely make available to others. I mentioned a few times here that I made money using it and it was quite a number of points (10 ES pts one time, some 18 pts...
  17. W

    Is intelligence important for trading?

    Yeah, being intelligent does not hurt as long as you realize that you are intelligent and so you have to be careful in order to trade well :D
  18. W

    Is intelligence important for trading?

    Well, let me put it this way: failures are divided into two categories: those who did and never thought and those who thought and never did. I like simple thinking...
  19. W

    Is intelligence important for trading?

    Because at some point you have to stop learning (meaning analyzing) and start doing, meaning trading. So at some point these things need to get divorced, otherwise analyzing will interfere with doing.
  20. W

    Is intelligence important for trading?

    Good point, incidentally, that's what I was trained in, too... Trading is a simple thing, using too much intelligence can only complicate it. But intelligence is useful for finding new strategies.
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