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ROFLMAO...at least i had a stop. You had none. Warning ...watch out noobs! MAE..ACR...call it what you want. It is just semantics. I consider it the risk i actually had to face in the trade. That makes me adjust the PT on the fly. As far as the exits and the 1 tick thing. Looked like an...

Good grief Gotcha, They were ALL make believe trades. Nothing but illustrations of different options that can become available in a high probability setup environment. I simply did it as the markets were trading today. It was ONLY for illustrating how I might would trade in a context like...

Apparently you just do not understand AT All the concepts I am expressing in my illustrations. I am not going to debate this with you. But just try to understand that you may place a stoploss 6 points away or 2 points away. But no one has any idea if their SL will be hit or not. It is only after...

Yea i am the head of my house but my wife is the neck that turns the head!

I will answer back this post as I get time. I am still in the middle of remodeling house and we all know "wife cracks the whip and hubby makes the trip!"

Thanks to you too for sharing!

And here is what happened.This is a dialed down 2 minute chart to see detail a little better. I trade from 5 minute chart. I will also show the 5 minute chart. It is the second chart. I didn't trade these trades. This is for illustration of the principles only. We did get a sideways range...

Here is an example of a high probability, small reward, big risk trade this morning just a few minutes ago. Likely HIGH PROBABILITY: because we have been trending down almost all night. Price trading below both MA's. Big bear bars tails on top weak PB's. Entry 2413.50. BIG RISK Proper SL has...

@Alpha Trader To answer your question #2. Higher probability trades don't always have good followthru. But they can. It is true that markets have inertia and tend to keep doing what they are doing. However, at least for me, the overall CONTEXT is important in my decision making as to whether or...

Here is a some old chart not sure how long ago is was but it is from barchart and I had it on my computer and it illustrates some of the points I made above while answering your first question. Probally not the best chart and not from my trading platform but here goes: First the context. Price...

LOL Are you 64?

ROFLMAO...we have nothing better to do eh?

Well he did say it was his real picture. If so, he could be 64. Of course, he could be making a big story up.

i took a peek at his profile. He is 64 so I imagine HE CARES if it is going to take him years or not. He definitely is not the "new generation"!

I trade off chart patterns that form or are forming in conjunction with selling..buying pressures i see in individual bars as they formed or are forming. And I pay attention to the larger context said patterns are forming in and said buying/selling pressures are appearing in the individual bars...

Ok i'll be on the lookout and will advise if i see him. Skippy may be fishing from river bank instead of surfs high dollar alum skiff dubbed "the beast" after the YM fiasco. As it turns out there may be more to "beating the machines" than one thinks. Gotta hand it to surf. At least he tried and...

ROFLMAO. We need a thread on the bitcoin biting the dust.

Some traders have given up on discretionary execution and gone to automation. That is ok and is a form of detaching themselves from their trades. The weakness is computers are not, and will not be, any time soon, be as powerful as that organic tissue between your ears. A very good discretionary...

If ones initial stoploss is getting hit too frequently in what they think should be high probability trades then they are not actually trading high probability trades or they are not using the correct SL. They need to go back and examine their strategy and tactics and refine them or ditch them...

For me it is all a probability game. Yes, i try to anticipate the probability of the market moving in X direction X amount of points before it would move in the opposite direction X amount of points. Certain patterns and certain candlesticks or combination of candlesticks within certain context...