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Thank you complementing my English. As it happens English is not my native language, however, I have always tried to learn to speak properly and write correctly. So any advice in that direction is also welcomed. Now to trading.... I once was at a presentation by Jack Bernstein. In his...

I have been researching this particular aspect of trading for some time and would be interested in having ET members' opinion and suggestions on the subject. For the purpose of this discussion we assume the trader is taking a long position but the arguments are equally valid for short...

Can MACD be adapted to be used as a trend indicator. It seems sometimes the turn in the MACD coincides very accurately with turns in the market but it always gives a few false signals before. Any ideas on more effective uses of MACD.

How vital is money management and position size. According to some pundits, money management alone can make the difference between sudcess and failure in trading. Isn't entry and correct trend identification as, or more, important. I think this is a very interesting topic for discussion...

I hear what you say, but whether you adjust manually or otherwise, the question is this: If you don't move your stop at all you are likely to loose all your profit if you hold on too lo to the position. So, even if you manually adjust the stops, how much of your profit are you willing to...

Most trend following systems recommend you have a trailing stop in order to lock in profits. I often find that if the trading stop is too close the positio9n quite often stopped out before the "meat " of the move occurs. If it is too far, it will give the trade the change to capture the "meat"...

Could one possible explanation be that for any given time frame there is a minimum amount of market movement below which the data can or should be discarded. For example, if one follows an intraday chart of, say, FTSE, during the dull periods of the day most indicators go into a neutral mode...

Can anyone explain what is meant by market noise and for intraday trading does the market noise depend on the time of day, economic figures or other factors.

I would be grateful if you would expand a little on the above and perhaps which indexes.

I often find that in intraday trading the market visits the same level many a time. Where trend following has hurt me quite hard is the times where the market develops,say, an up trend, I pick up a suitable entry point, go long, and place a suitable stop, all according to technicals etc, I...

I have been trading for a while with a highly volatile and erratic equity curve and am nearly at the point of throwing in the towel. Before I pull the plug, however, I though I ask the more experienced traders in this forum whether trading can be treated as a job (earning a salary equivalent)...

You do make a lot of sense. Thanks

Quite often I find that price very easily goes through support or resistance. In a lot of trading literature I have come across materials that suggest one should wait for S/R to be confirmed. This poses two questions for me. Quite how does one do that and also by the time that the S/R has...

This is a very interesting question and one that I have been curious about. In my opinion you are correct to assume that if you reverse your system, or to be more accurate, reverse all your trades, you would make money, the problem is no one exactly reverses their system. Let me explain...

Reading an article on swing trading recently, it seemed to me to be similar to trend following. Can anyone explain the difference?

I attended a seminar recently on the subject of spread betting. The speaker was praising the benefits of spread betting especially the point that gains from spread betting are tax free (in the UK) and also the fact that when you buy shares you have to pay commission, stamp duty and finally tax...

I would be grateful to any one who can help me with this aspect of trading. I often have good entry when putting on a trade. I enter in the direction of the trend and most of my trades show a quick profit. What happens when the market starts to hesitate and comes back a bit ( I am sure you...

What you say does make a lot of sense I must admit your 2 cents may bring many dollars in my direction. Thanks

How you define significant positive excursion is up to you whether that be 3 pts or 10 pts but you have to realize the ATR of the market you are trading which will determine what is to be reasonably expected. Average 3-5 pts a day trading the FTSE and you'll never work for someone else again in...

First things first...what market are you trading? I don't like to assume but I won't be responding again so I assume that you are trading the S&P eminis. If you reread your post you will see what your fatal flaw is...greed and fear. As per your example when you initially placed the trade your...