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I'm Learning a bit here-slowly - Spot meaning commodities markets? Looked up a definition and Spot also references currencies? Which do you favor? AGain, just curious- Thanks

"It's a hard future to trade, doesn't run on enough for my likings very stop and start aswell, momentum doesn't work well at all."- I didn't read far enough to see JS' follow up chart- Thanks- for the suggestion-Not for me to trade-personally I was hoping I could chart some of what I was...

I'm out of my league here-and also no experience here- but- regardless- foot in mouth- I will simply add some hindsight learning commentary- is easier for us all when we have a picture of what HAS already occurred ! There are different ways of viewing charts- and even PA-...

J, I'm certainly glad that your 'tuition' money was set aside for the market and not somebody's college fund!LOL! I have to spend time yet to learn about Ninja/how to backtest-That will be done over the course of this week(s) evenings . Swing trading is simply what is available to me-...

1.) Journal 2.) One simple consistent set-up -- not it's failures etc.. 3.) SIM it (I'll create individual trade plans here) 4-5) After consistency in SIM. Some tough love being passed out JS- I try to get some insights from these threads-that will also assist me in EOD swing trading...

what time frame do you trade? What instruments? If you are a swing trader- Looking for longer holds and larger gains over a period of weeks & months- Dave landry has a good instructional book out there on " swing trading for the layman." One of the major concepts of the book Allow the...

Definitely, no hard feelings! while we all agree we are seeking similar gains- Ultimately we are all on a similar quest- Just different methods in play- some work well at some times- some better than others- Your quest is indeed more challenging- I've always held the thought that the greater...

Hello JS..... I hope my personal disclaimer was thorough-I indeed know nothing about the type of trading you are involved in- I did hope to provoke your thinking though- I think Turveyd 's response to my somewhat rambling commentary made a good point "Daytrading is where the...

Hello Turveyd- I clearly demonstrated my own ignorance by some of my questions- I thought about what you wrote- and I realized i clearly assumed (wrongly) most everyone would start off first by swing trading , and only after having developed a good strategy- would then make the more...

A couple of comments from a distance- Let me preface by acknowledging that I am not a day trader- & don't have a clue about the instrument you are trading or what it would take to trade for a living- much less to be a day trader trying to earn one's living with one's hard earned dollars...

I so agree! i suggest Instead of bothering to go through any process,, simply go to the next step and just have the profit checks sent directly to the house weekly and avoid all that bothersome updating of the account! LOL- be like Bill Gates and be sure to share the Wealth as it rolls in...

I would assume trading the Lazy way is actually synonymous with simplicity, and not laziness, or laxness. Some good comments were offered IMO- Backtest your approach- Start there certainly! Use Multiple time frames- I would assume that you would establish trend in a higher time frame and trade...

Hi No Doji, As an EOD swing trader, (Day Job) (hourly charts) I have for years applied a position sizing approach that indeed has kept me from becoming my own worst enemy. Your comments about enabling an analysis of the larger mkt condition using the tick count suggests that...

I agree with one of the prior posts- Position sizing is just a smart business decision if you are entering the trading arena. Most novice traders want to get rich quickly and don't care for the restraint a position sizing approach would seem so limiting....LOL If you want to...

The thread was interesting- and will be in the future should you continue it. Likely it will improve as you develop, refine , and test new methods. Aside from the derogatory comments to your initial approach as being "stupid" -perhaps the wording should have been less personal...

Good thread on combining the bigger picture with larger trading!/time frames & PA info. Great breakdown /charts ,Volume & price. Good 'putting the future possible price action into perspective" along with the market influences. Sharing your perspective. This thread combines the...

"I feel that I am lacking that consistency, but think this is due to the fact that I am still tweaking my methods. Overall, I am comfortably in the green, which helps, but I still have a lot to learn. I hope that when I come back, I will be here more consistently and will be able to give just...

You are welcome Sam- You are obviously doing fine in trading exactly as you are . You've stayed in and maxed your recent trades. Very Nicely Done! Offered that as a different perspective . analyzing your fast frame trading 1 & 5 - is a good exercise for me- for my...

Sam, Putting this up for your consideration- No concept of actually trading in that fast a time frame that you and the others here employ. But as I compare your charts, 5 min and 1 min, I noticed you have ma's but You are watching price action on a fast time frame and reacting...

Nicely Done Sam!. Sp to trade 3: Like your entry, stop out and then quick reentry when price validates the move higher. That takes conviction in the approach. Looking at the Chart, I was at first thinking that part of your 'new' approach is you've opened up your stops some...