Search results

Looks like J Smith is back.

Good point, we are all recovering losers. Blowing a stop or entering without a signal is like having "just one beer" to an alcoholic.

Good to hear but you better get over your aversion to shorting or the next bear market will kill you.

I agree..

I don't agree but what was a disaster for me in 2000 would be a gold mine now.

After a Summer with limited meat on the bone, range and thrust are back. The chatter picked up about how the nature of the markets has changed which meant we were close to being back to what passes as "normal" in trading.

I am an ES trend trader. I average about 6 setups a day which suits me fine. Thanks for asking.

OK gotcha..

The ES is not a commodity, there are no delivery or acceptance requirements. It simply rolls over.

Keep a journal, record all your trades...price, time of entry, nature of setup, result. Review at end of day or week. Mark trades on your charts prior and then compare to actual trades. If this were easy, everybody would be profitable. I know no one who trades for a living who had an easy...

:rolleyes:

Yes and today was a good case in point. I entered the ES long at 81 3/4, 12:41, stop was 80 1/4 (tested twice without breaking) and target of 84 1/4. The only thing that would have had me bail would have been a double divergence on the higher takeout of the high prior to my entry, 83 1/2. After...

Hardly a problem, the gist is you have to find what works for you. Study and take feedback form others but ultimately, you have to trade your own plan.

My 'testing" is 17 years of trading. You have to find your own way, I simply answered the question.

When I started trading, I read and heard about "time stops", where after a set time in a trade you should exit despite it not having hit your target (or trailer) or stop. Experience showed this to be a mistake, at least in futures. In a fast market it can take seconds, in a slow market like...

"Convictions are more dangerous than lies." Nietzsche

Actually there is substantial clinical evidence of the benefits of mediation should you care to look. Beyond that, criticizing a process which has provided a great many with health, focus, insight and all around improved brain function makes one appear as a fool.

Giving is it's own reward...try it.

Yes and they can build their disciplines under imposed constraints.

Reading these posts illustrate why most people can't trade.