Has anybody read "Entries and Exits" yet. I like to read trader interviews and supposedly thats what this is but would like a review from traders if possible.
I think the most popular one would be Woodies but as far as good ones go they are hard to find. I go in and out of Paltalk at intervals but most of them dont seem to last long. I would like to find a good chat room where people are on mikes and can talk as its a pain to keep up with text. Most...
I cannot watch the market all day any more. It doesnt wear me out physically but it does mentally. I just tune in around key times during the day and see if anything looks interesting. I had a bad problem overtrading. This has helped a lot and my trading is actually better.
With 50k you could trade 100 ES contracts. Make two points a day and keep adding contracts as you go. All you have to do is get your two points a day. You will have your million in a month or so.
I kind of liked Phil Hellmuths book. Its been awhile and Ive forgotten the exact title but his reccommendations for starting hands for new players are pretty good, imo.
Its "Play like a Pro" or close to that. I gave my copy to a friend.
While the dia and YM are closely related I doubt if dia copies the spikes that occur on YM because these spikes occur because of low liquidity when an order or two takes out several levels of dom. I have seen these and also wondered if there was not a way to take advantage of them but you would...
I have always been afraid to trade commodities as I always think I am competing against a lot of people who are experts on this particular commodity. Is this unreasonable? Are many of you trading these things successfully on a purely technical basis?
Look at any chart. Put a couple of indicators on it. You will be amazed how the indicators mark every turning point. Why cant you just buy every time the indicator dips below 20 or sell every time it soars above 80? It just doesnt work real time as you probably know by now as Im sure you must...