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This is a journal about me developing a trading plan and then trading it.

Hi Notes123, please reread my prior posts. But here are the answers to your questions.

If you go to "your account", "edit options", "thread view options", "default posts per thread"... select "20 posts per page", then click the "submit modifications" button. If you did that, you would only have had to read two pages.

So far I learned that I have to look for "set-up" markets on weekly charts. The set-up markets alert me that we are approaching a top or a bottom. When I identify a "set-up" market, I then look for entries on the daily chart (using one of his entry techniques). Determine protective...

I dug up all of my Larry Williams videos, books, and notes. He certainly has a lot to offer. I'll spend the next week or so studying his stuff, I'll pick one or two strategies, develop a trading plan, and then I'll take some trades. I'm hoping to be ready within the next week or so.

I have plenty of Larry Williams books and video training courses. I even attended one of his seminars about 10 years ago. I probably spent more money on him than any other guru. So, I'm gonna dig up my old notes and pick one of his trading strategies that appeal to me at that time. I'll...

Can you explain it now?

I'm going to pick a guru and trade their strategy (or one of their strategies). However, I'll place my trades taking the other side. When a guru's strategy says go long, I'll go short. Their profit target will be my stop loss. Their stop loss will be my profit target. I'm not going to...

Sounds good, but I would like to select a guru that does very well. A guru that claims that they have the answer. You know, the gurus that make their money teaching the public how to trade. I have to be decisive, so right off the bat, I'm gonna narrow it down to either Pristine, Larry...

Exactly, I'll study and learn his or her strategy and I'll do the exact opposite. I'll post all of my orders (entries, exits, stops, and fills) immediately after I enter the trades with my broker.

I have to be somewhat decisive, so I'm gonna trade stocks EOD and I won't risk more than 2% per trade. I'm developing a trading plan! I gotta pick a guru! Keep in mind, I'm doing this to try to make money. I'll give it a fair chance.

When I think of guru, people like Joe Ross, Larry Williams and Jake Bernstein come to mind. Pristine Trading too. Keep in mind that I need a somewhat clear cut strategy to follow.

I'd like to find someone that offers the complete package. Entry, protective stops, profit targets, etc. A well known guru. Someone that unquestionably makes their money from teaching traders how to trade, you know a true guru.

For starters, as far as money management is concerned, I think most gurus would recommend that I don't risk more than 2% per trade. I'll predefine my risk and not risk more than 2% per trade. Hey, I'm developing a trading plan.

Ok who? Keep in mind that i would like to do this as if I was really attempting to learn and profit from their strategy. I have to be able to develop a clear cut trading plan and follow it with rock solid discipline.

Before I begin, I'll have to develop a trading plan. I'm gonna have to select a guru and a trading strategy.

Hi Everyone, If i start a journal fading a guru, what will happen? I'll use rock solid discipline (which I have) doing the exact opposite of a guru's strategy. If I do this, do you think I'll make money? I always wanted to do this. But before I select a guru and then select a...

I watched that one. I liked it too.

How did you make that chart? Is that in excel?

Yes, that's true. But there's so much to MT. Washington, (see attachment). It's just a huge challenging mountain to climb. There are so many trails, that are so different from each other. Then you have the different seasons. So every time you climb it, you'll probably experience so many...