Search results

So do most people who trade with the news.... So what's your point?

I don't know the best way to be profitable but I do know the only way to be profitable. That would be to have your winning trades be bigger than your losing trades.

I use a volatility measure to determine my stop distance as well as my target. It doesn't really matter how you do it just find something that works. Remember that if you make your target much larger than your stop your win rate is going to drop and vice versa. Trading on a 5 minute time...

Dude just looking at your entry and exits it looks to me like your stops are too tight and you aren't taking profits quick enough or that you even have a strategy for taking profits. It's hard to use really tight stops on shorter time frames because of the increased noise at those levels. Do...

Gold is just chop right now. I've traded gold and according to my past I trade it better than any other product I trade. I for the life of me can't figure out what it's doing right now. Congrats on trying to decipher that madness, you're a better man than me. Also, I should add that I...

First, I used i.e., as in for example, a 200 day MA as a filter. I didn't mean to say that was the perfect filter. I don't really know if that is a valid trend filter for what I described. It's been a while since I tested a lot of that stuff. Are you really going to try and tell me that...

Are you ill or just misinformed? A random entry system with no trend filter is profitable if you use the right risk parameters. Sorry to burst your angry bubble but the most important thing in any methodology are the exit strategies. That's all I gave him.

Swan if you use a trend filter, i.e. a 200 period moving average, and randomly enter in the direction of the trend and combine it with 2.5 ATR stop and a 3 ATR target you will have a profitable system. This tests out as profitable in every futures market. Obviously it isn't the holy grail but...

Swan if you use a trend filter, i.e. a 200 period moving average, and randomly enter in the direction of the trend and combine it with 2.5 ATR stop and a 3 ATR target you will have a profitable system. This tests out as profitable in every futures market. Obviously it isn't the holy grail but...

What market?

I'd be looking to fade a pull back on the daily chart. Market's rarely make V bottoms although it is possible coffee does. I don't see anything that makes me think it's a great long here. Also, I don't trade the options but it seems to me like the Vols would be pretty low making selling...

I hope James did really well, he obviously did with stockpicker, he seems like a great guy and also quite bright. I'm not refuting his performance because I don't know what it was. He could have made 1000% for all I know.

Join date: Nov. 13 Posts: under 20 James?

Recovered? I think you can sell both of them all day.

I think this blog/ Altucher proves that in order to raise capital for trading you don't need to know how to make money from the markets. Do things ever change?

I remember Altucher on CNBC right before AAPL topped at 700 or whatever making the case that it was going to trade something really crazy like 2k. He was totally caught up in the frenzy of the AAPL action. Didn't seem at all like decent trader to me just because he seemed like he was caught up...

Lol, I think altucher is spamming this blog on here or at least someone is doing it. There was a post almost exactly like it that got deleted. The way the poster was talking it was altucher himself that posted it. I believe the handle was Vishnu. I said the same thing. Good trading is...

Two words: ALL IN!!!!

You know what Fisher's ACD levels are? You his personal assistant? Mav's right. You seem to think ACD is a systematic set of trading rules. It is a methodology that is a guideline not a hard and fast way to trade.

WOW!!!! YOU LITERALLY LIKE STOLE MY THOUGHTS OR SOMETHING!!!! DOW TO 100K BOYZ!!!