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If your winners are larger than your losers on average your in good shape. I have no problem making $100 to $200 (I'm only trading one contract) most days but every few days I will lose $300 or $400. Sometimes this will happen a couple of days in a row and your down for the week. You can only...

Staying in longer I've heard that complaint most of my life.

If you are making $1000 a month off a $4000 account consistently you should write a book.

Fascinating stuff. I have never been interested in the stock market from an investing point of view and have ignored it for most of my life. I got interested in daytrading about the time that guy shot up those people in Atlanta. Up till then I didnt know there were people jumping in and out of...

Thanks for the advice and support guys. The first three months of the year were great. Hardly any losing days.Then I went into an unbelievable slump. You know those days when the minute you go long the market goes into a freefall and as soon as you go short the market rallies. You sit there and...

After a couple of years of dedicated effort I have got most of my problems worked out. I've got my charting software tweaked to perfection, finally. My execution platform is working like a charm. There is only one teeny tiny little problem. My trading sucks. This is all that's holding me back.

Whats wrong with 7.0? You guys must want a hell of a lot more than I want. Whats missing from the package? I never used to mess with fibs but the fib tools make it so easy that I will check out retracement possibilities now. It may not be sophisticated enough for programmers but for the average...

I've been using 7.0 for a few weeks now and I like it. The chart can be set to 24 hours a day if you like. Dont know about the active lists. Dont do stocks.

It all started in a little shack in the hills of West Georgia. I was born in...........well the rest is history. I think there was a thread very similiar to this awhile back. Someone may remember the name of it.

Days when the NQ is weak and the ES is stronger , if I want to go long I will buy the ES. If I want to short I will go with the weaker NQ. Some days its the opposite. I think there is a definite advantage to trading both.

"50% is cool...which one is your favorite?" I use LBR's 3/10 oscillator, the ticks and a 20 ema.but just to confirm a chart pattern that I like. I give about 80% weignt to the chart pattern, 20% to the indicators.

I have never found any indicator that works more than 50% of the time.

"I trade therefore I am" LOL. I like that. What I am doing now is, after entering my trade and setting my stop, I set my timer for 15 minutes and minimize my screens and do something else until the timer goes off. I then check my position, adjust my stop if neccessary and set the...

Trading is blah, blah, blah. Simple and boring.

You want a filter that you can follow blindly and make money? Theres no such thing my friend. You can use as many filters as you want but you can be sure that about half of your trades will not go the way you want. What you have to do is to get out of the bad trades in a hurry and milk the good...

The money I've got tied up in trading I really expect to lose eventually. Not from trading losses but from some sort of disaster. All of the scenarios outlined above seem more of a certainty to me than a possibility. I continue to play the game because its the only thing that interests me and in...

"That's like a sore weiner, you can't beat it! " Hey, Im trying to be profound here. You guys are making it hard.

We meet each day on the battlefield. You and me. I have nothing against you personally. I just want your money. Only one of us will walk away from the next transaction with a profit. The house will take its cut and one of us will be happy for a time. We assume the risk for the hedgers and the...

95% of what goes down on this forum is BS but the reason I hang around is for threads like this that come along every so often. Im using Esignal and would like to know if anyone has opinions as to the accuracy of the Tick with this program. I was in LBR's chatroom for awhile and it seemed to...

"I've taken far too many hits as a result of weakly considered trades to urge novices to try to trade intuitively. " If you do not use an 100% mechanical trading system, then discretion plays a big part in your trades. What is discretion if it is not intuition? Intuition, imo, only comes...