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should i bail out now or not? should i stay on a little while long? it is a tug of war.... amongst contentment, hope and greed.... which so many traders fall prey to.... would you like to know what my stats dictate me to do in situation like this....? everything appears green...

oh well.... if you guess going long would be better, you are right. i went long and now the pix looked like this.... see attached. :)

give you an opportunity to excel to the front of the class.... look at the attached pix which was happening some minutes ago.... and help me with the decision, whether if i should go short or go long.... pls? :confused:

target entry price? profit target #1? profit target #2? maybe, profit target #3? stop loss ? trailing stop ? if you like to trade profitably, you need to work out a private checklist where all these hopefully will be worked out before placing your trade, so you would know just...

with all due respect, it still appears that you have not had your trading plan finalized and customized to your own research, analysis and satisfaction yet. this is not to criticise you but to encourage you to perhaps adopt general stop which is to set stop one, two or three tics above last bar...

perhaps we are not communicating on the same level. if you still are not able to figure out whether the trader is successful or not.... i am most definitely certain that you won't know it either, if i were to spell it out for you. if the crashes of the 87 and in the 90 and several minors...

And are you a successful trader? to ef hutton, i was an average trader who has no guts and no brain 'cause i did not listen when ef hutton talked and i did not average up when the going was good. to other traders, i was too slow and too clumsy and did not know when to seize the golden...

it is the opposite. they need to spend some 600 hours before a live screen before they can become even remotely resembling a profitable trader. i am not talking about backtesting and all that. i am talking about sitting in front of a trading monitor day after day. focusing on the...

yes, i concur as i also have something to that sort, mainly: 1-whenever my trading strategies and trading plans fail to produce profit 3 times in a row.... i pack my gear and go up mountain helen for the rest of the day. 2-and whenever, if ever, i give away 2% of my trading capital for the...

i do not know where you dig your stats from. most beginner traders lose their money not because of the small pool they put up. but rather, they have not learnt enough about the in and out of trading whatever they are trading in. those who know how to trade, do not need large pool of...

you might be wasting your time and effort here.... most have never placed a long or a short in real time, in their entire lives.... they'll never understand what they do not know.... would they? those who have 100k would not trade one contract.... this is a fact....; and those that trade...

you don't write like.... nor do you sound like.... you are trading real live lots.... anyone who trades for a living will be very cautious every step of the way.... whether they are piling up and laughing to the bank.... or the other way around.... they won't be talking trashy nor...

excellent job. bravo. three cheers. may you have many many returns of such a levitated session. am just curious, how did you get the pix to appear on your posted page, pls could you explain your chart using 21 range bars, pls? thx much.

nodoji.... i just came across one of your most recent posts this morning in which you stated that.... < Also, since developing my trading plan, I've never had a losing day when I followed my rules. Never. All losing days I've had were a direct result of trading outside my plan.... >...

nodoji more power to you, who is to say that properly and correctly drawn tl are not productive, if and when at the end of the day, they do put money in the bank, as you mentioned. three cheers. may i pls ask you a pertinent question nodoji? you have so prolifically described the ease...

after having been reading this thread, i often marvel at what different things people would do to get ready to pick a point of entry, long or short; most of which rituals or methodologies i personally would not do, could not do or do not wish to do; because i do not look into the next trendline...

JACK HERSHEY.... you are the man! my utmost admiration for such an incredibly difficult job, calling tops and bottoms and following through with your own calls. i won't dare to ask, nor would i want to ask, why you or anyone else could ever accomplish such impossible trading tasks...

GURU j's call for short tf this morning did not materialize as yet. and it is almost noon now. i guess, this morning, i would not be able to recover my daily average fees prepaid to listen to his call.... see attached pix however, i did pickup several tics from cl. happy and...

just for your info on the chart, price did go down to around 775.0, my short order at 774.9 was not filled as of 09:44:12

i gathered from your post that you are someway and somehow associated with the brokerage firm in japan or other country, which is very well indeed that we have an authority on board here at et. am honored.