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What up calmeurotrader. I noticed that you said you would like to earn 5% per month on your account. For gains of 5% per month a higher time frame can easily achieve this with much less stress and screen time. I trade daily charts and close out 2 to 3 trades a day with 1% risk per trade...

Actually no it doesn't!

Fully agree! Any individual trade is a gamble. Mistook your post. Sorry!

The market thrives on catalysts so therefore it's not random. Due to variable change the market is chaotic but not chaotic enough not to be able to profit. The old saying to make a million dollars trading you lose 9 million and make 10 million. As far as i am concerned the holy grail of...

I do plenty well trading charts alone. I can go back as long as charts have been available and the same set ups occur now as then. The over all market trend combined with a reasonable profit target and smart stop placement is all you need. I usually am in and out of a trade within 3 days. I can...

You're on the right track my friend with passion comes perseverance and with perseverance comes success. Keep at it! I started to feel this way 4 years ago and I still feel it now.

OP Have you ever thought about presetting your orders using buy stops, stop losses and limits at night. Basically pre managed trades. Scan charts at night, set orders, let em ride.

Another arrogant statement!

Who the heck do you think you are? And what do you think you know that others don't. Get a life!

Awesome that you have the dedication to succeed. My belief is perseverance is key. I don't want to steer you in the wrong direction. So maybe learning a different market before you learn this one may not be a good idea. You are right volume is not shown like it is in the stock market...

What up man. I like the intro! The two charts you posted were good entries. Also your hedged to a certain degree by both being long and short in an uncertain market. Now having a good entry is the simplest aspect to achieve anybody can trade a breakout. I believe it is how you manage...

Trading consists of entries and exits. Doing the opposite of a losing strategy may improve the entry but will not improve the exit. The entry is less important then the exit. Some traders have great entries but do not know how to manage there trades. they find they are in the money constantly...

Yesterday my limit sell hit at 549. 00 at the broken neckline 555.00. Still sticking with the game plan of first daily reverse pivot take profit. Tomorrow may reevaluate the trade as i like to take profits. My buy limit for 576 never hit. Was really close though! The reason I trade...

Just wondering if your talking about elliott wave theory. Where there are three runs each of the 2 first runs followed by a pullback. I might be entirely wrong. I also feel if you have a true passion for trading you really don't even feel like your practicing. Actually my passion is...

I'll keep my buy limit open. Didn't hit today. Almost though! Like you said we will see what happens tomorrow.

I look at earnings.com. I'll have to check out some of these other suggestions. They may be better.

It depends on the bank roll you are working with. I am under capitalized at the moment. So 4 times leverage in the stock market would be much more attractive.

Yep that's why if i do catch a good short i get out fast. Don't want to get squeezed. Especially in a bull market. Lots of longs put there stops bellow previous support levels. This is where you set your limit sell orders. You get a fast pop and get out before the longs see a good cost to...

I feel yah, But you no what they say about the market when it falls. It falls three times faster then it rises. I love me a good short! Ha Ha!

This is what i got going on for apple. I have 2 limit orders set. limit buy 576.00 take profit 3.5% at 596.00, stop loss at 5.55 3.5% Daily Chart looking for a 4 bar set up 2 of the last 3 bars being green and the forth breaking the previous three bars resistance. My limit order...