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    Jack Hershey PVT System Testing (moderated)

    Everyone familiar with the method knows that a universe of stocks if needed for the system to work...Anyone serious about obtaining a good result would want to take the time to get accurate background data. Now the question is was that done out of incompetence, or malice or both...
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    Jack Hershey PVT System Testing (moderated)

    Yes Vienna This should be simple as follows; Jack describes his system ACCURATELY. Vikana tests it RIGOROUSLY. The result gets published TRUTHFULLY. The rest of it is unecessary. Vikana I would like to hear from you, when you are ready.. Thanks Steve
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    Ideas for struggling traders

    The position was stopped out at breakeven. 4pts minus commission on the trade.
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    Trading For Living - S&P 500 Market.

    Yes, for whatever its worth I agree. Clearly profit targets reduce the overall profitability of all systems. Perhaps Becky doesn't know that or (more likely) she may trade a small account and cannot scale out after two points (which is what I would try to do). Finally, it isn't my system so I...
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    A Message From Rowshan

    Well, regardless of the differences (between Rennicks and Rowshan's threads), shouldn't a thread in this forum contain actual trades??
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    Trading For Living - S&P 500 Market.

    Well Okay, first SWhiting 2 points is not big fish true...But one can improve on what Becky is doing I assure you...and If you look closer at what she is stating, its not just 2 points. The system looks for bigger game and apparently stays in to catch those moves. To know what the real...
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    A Message From Rowshan

    Okay Am I alone in this opinion, or do you folks agree that this thread captures Rowshan's "skill level" perfectly? :D
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    Ideas for struggling traders

    I am going to head out so this is my last trade As can be seen, price comes back to test the longer MA and in the process makes a higher low....So this is a nice setup Entry as shown and it is good for 4 points so far.. As usual, I will let it run or get stopped out. Bye
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    Trading For Living - S&P 500 Market.

    Trend following works because there are liquid markets populated by participants with multiple agendas. In addition, we have institutions in the markets and they bring size and size creates momentum and sustains trends... If your reasoning were correct, the markets would simply oscillate...
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    Ideas for struggling traders

    The main idea about money management is this If you are willing to take the time to test scenarios, you can see what the best entry technique will be in advance and use it. I bring up the subject of multiple entries for those who trade multiple contracts. You have choices. 1. Entry...
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    Ideas for struggling traders

    What I chose to do here is get stopped out. On the original entry at 1285.75 I took profits at 1283.75 for 2pts Price retaced back up to 1286.75 and then came back down to 1284 creating a higher low. Once a trader saw that higher low confirmed, he could have exited. Thats what I should...
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    Ideas for struggling traders

    This next chart offers a nice opportunity to illustrate the importance of good money management. As I was typing it out, price retraced to my entry. What to do... Do you stop yourself out? or do you let it run up to your original 2pt stop? Here is the chart. Here are the issues to...
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    Trading For Living - S&P 500 Market.

    Why should she share anything with you Joab...What are YOU offering in return? Your "respect"? Don't make me laugh By the way Mark, whether the poster is a man or woman means nothing..and if you want to be understood, compose your thoughts in standard English so we can all get an idea of...
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    Ideas for struggling traders

    Its been a nice day What I want to do is to post a couple of thoughts about entries A lot of newbies struggle with entries. They hesitate because they are unsure if and exactly where they should pull the trigger. First let me say this. IF you are uncertain as to whether to trade. It is...
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    Trading For Living - S&P 500 Market.

    Becky The way your chart is setup it looks as though you are trading an envelope around a moving average rather than an advance decline indicator. Do you use actual advance decline numbers after 30 minutes to make your decision? If so, why is the envelope on the chart? Thanks Steve
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    Is it possible to achieve the right state of mind for trading?

    yes you are right. There has got to be an intangible aspect to this. I don't pretend to know what it is. I don't know of anyone who does. I call it talent or aptitude, but I am sure there is more to it...Whatever "IT" is, you better hope you have some of it in your blood if you are going to...
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    Is it possible to achieve the right state of mind for trading?

    Clearly it is possible for some, but for others it is not. and that is part of the reason why traders, especially retail traders, fail..... The"state of mind" that one wants is simple to describe, but difficult to obtain....why...? Because we are the product of our previous programming...
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    Moving Average Crossover

    Hi folks You comments about moving average crossovers got me thinking about my own approach. I think you can make it work if you understand the limitations of moving averages in general.. A trader interested in using MA's needs to get intimate with the basics. You need to be able to...
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    Ideas for struggling traders

    Traber; I appreciate your comments. As you know anybody with 2 fingers to type with can post here. No barriers to entry. The result is that we have trolls and borderline personalities on the site, and when they want to create problems, they can do so easily, making it unpleasant for those of...
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    Ideas for struggling traders

    Thanks guys for your kind comments. I hope you will read our group's "Trader28 Infomational Thread" located in Feedback Forum. The first post says it all. We are trying to take back the site and make it a good place to learn trading. Its easy to participate, all you have to do is put trolls (and...
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