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To be honest, I have my doubts as well. I have already shown 2 trades of his that were outside of parameters that he was setting for himself. We have also only seen maybe 5% or less of the trades, so who really knows what the other trades were, and what red flags lurk in there. Now don't get...

I couldn't agree with this more. In some ways I am a permabear, but what I have also learned is that everyone in the market has to be flushed out at some point. The buy and hold crowd really hasn't taken a hit yet, and there is no rule that says for the next 20 years we can't have sideways...

Yes, I just went with the chart you posted, but if I look at the hourly, it looks different. We have in general an up trend, and a more immediate range. So the dip at the green arrow down to 75 is actually a penetration of that strong level of support around 2984 over a couple of days. In...

I love Sierra Charts. Even with just crappy IB data, I have never had issues. I hear people complain about other platforms freezing up in fast action, but nothing like this happens with Sierra. If you need help, they literally get back you to the same day. When there is an issue with the...

Based on what you present, the trend was down, so taking shorts is the less risky option, as in trade #3, rather than the long in trade number #2. Both trades caused you to scale in when price was leaving the down channel, but its more likely for the down trend to continue, so taking the shorts...

Agree. I just like looking at his charts. Speaking of which, I'm waiting to see those trades from yesterday where he said he blew it big!

You know, I think I kind of really get what he is doing. On the smaller time frame, it doesn't matter so much because he isn't trying to perfect the entry. If all he sees is 5 minute bars and sees the selling pressure, he just starts selling, perhaps for the test of the low, or even a lower...

This is what worries me. You are already changing the rules from how you actually traded. I'm not saying that its bad to have a fixed stop, but this isn't how you did it for some of these trades. I went through your journal to look for the charts where I remember seeing this. I only found 2...

Great summary, but one quick question. Do you not think that jumping to the full contract right away is too much of a jump? You were trading 2 micros, but going to 1 mini is 5 times more! I count 6 losing days out of 36 trading days, which is excellent, but it tells us nothing about how many...

Yup, you're gonna fuck up real bad. Sorry to say but I already see the train wreck coming. We aren't doing this shit to figure out the god damn market. We are doing this to make money. If you can place 10 trades a day and capture 50 ticks, you don't need anything else. What are you...

I honestly don't know what you are doing here @sstheo with this volume profile analysis. Based on the stats you share thus far, you are one the best all time traders here. You don't break down the summary of your trades for each day, but given only 2 losing days thus far, which were very much...

This really is the essence of the argument. Its quite unimpressive to talk about a profitable 500k day when we don't know how the rest of the month went. How hard would it be for Peter to post just one month of daily stats along with a nice graph? @sstheo is doing this in his journal here...

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Volpri, I think some of the confusion with your charts regarding entries and exits can be fixed by changing the color of the exit marker. I have mine set to mark the exit in black. Green is entry for a long, red is entry for a short, and black is exit. You can even choose to have the exit...

Serious questions. Does he make more money then you? And if he does, why don't you just trade? Its your material after all, and your software. You have all the tools and knowledge yourself. This isn't like tennis where at the age of 50 you can no longer compete since your body is tired...

Good catch. It was over that whole issue with Jigsaw and Axia Trading. Baron I'm convinced flipped a switch and my account was unusable. Everything took forever to load when I was logged in under that account. Creating a new alias fixed the problem just fine.

I gotta say destriero, I am a bit disappointed. As someone who has always tried to seek the truth in trading, you really dropped the ball here with GRULSTMRNN. The way you described your USD short in no way reflects how you traded it. You went into it with a big thesis, but almost treated it...

I do completely agree with you. I see it with my trades all the time and how many of them would benefit from a scale-in versus a stop-out. My trades are also not nearly as well thought out as you. The benefits of this really come into play with the micro contracts. Assume you used to trade...

I think there is a huge problem with your assessment. When the full stop is hit, its absolutely shit timing to reverse the position. If we refer back to the pic, posted here again, we see that the stop is at 2915. The initial long is at 2928, and the high is lets say 2930. If price trades...

I think in this post you meant to say you were going long. But since you knew it was an exhaustion bar, then you are essentially saying that you know price will drop, but I will keep adding to my long. Granted, we don't know how low it will drop, so maybe your first long entry would be as low...