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Harry are you related to Jack Hershey? --MIKE

I think you misunderstood what I was saying... Of course I trade liquid stocks that have volume.. because the slippage and spread will destroy me otherwise... What I was trying to say is that I place no emphasis on volume as a predictive tool... Lets say KRON broke down on heavy volume or...

DAWG.. I am assuming you took off friday?

I notice your prefer high volume stock breakouts.. do a study on stocks breaking out of bases and trendlines.. on low volume... I did such a study and noticed for a swing trader 2-7 day hold time.. there makes very little difference... As of a while back.. I started to place no emphasis at all...

Zorak... Dude.. you said you wanted some advice from a professional experienced trader... You said you were a bad trader... Just gave you my opinion.. dont be offended just because you dont like it.. Your system is a joke if doesnt use stop losses and defined risk.. also you are...

DT1... Since you are holding stocks only for 2 days.. that means that in many cases you can tighten the intial stop loss and use a one bar high/low instead of a 2 bar high low... This will allow you to increase position size.. based on the %1 position sizing method.. If you have a narrow...

Trader99 what type of trader are you.. daytrade, swing, position? Nitro apparently is a daytrader... As we mentioned repreatedly on this board... different trading methods call for different trading tactics and considerations...

Jack, You fail to dissapoint. As usual I dont know what the hell you are talking about. --MIKE

MACR isnt mine its Mars's setup. The exit is the most difficult.. as you will experience in swing trading taking the profits is what seperates the pro from the beginner.. Taking the loss is usually easy.. just get stopped out and move on.. knowing when to book profits is the trick... You...

Zorak are you putting stops in.. do you have your risk defined.. if not than you will blow up eventually... In general.. I really dont like your system and where you are going with it... if you were to count for commisions and slippage your edge would be gone... I bet if you were using real...

Dont be too hard on yourself.. drawdowns are part of trading.. somedays will just be off.. Since you are discretionary type trader.. dont be fooled into going back in time and saying you made dumb mistakes.. because in reality you just did what your discretion said at that time... this is...

Any way to get a 6 month free trial to Active Trader w/o having that insert?

Thanks for the info. Personally.. I never risk more than %1 of my account per a trade... 2% is a little too much for me... As for exposing 6% total... I dont know where he gets this number.... but I would bump it up more to %10... Also assuming I am in 10 trades at once.. thus risking %10 of...

Jorge, I never read the book come into my trading room... is it worth reading.. any new key points Elder touches on? I am curtious as to what he has to say regarding exits and money mgmt. --MIKE

OK.. here is a problem.. with CMNT... You have a %40 stop loss.. a little wacky... If you cant find a good stop loss.. I would just take an arbitrary one .. like 2 or 3 times the ATR>.. In reality I woudlnt take a trade that didnt have a decent stop loss.. In order for you to make a...

Dawg, Do you wait for both stochs to cross 72/25? or just the fast one?

Gotcha.

Dawg.. tell me if this is a proper assumption... Going ove your intraday charts.. I see you draw channel lines on 5 min bar.. when one of these channels are broken.. you confirm he breakout/breakdown with the stoch 75+ or 25+. You exit when the stoch reverses or the market breaks out of...

Dawg.. excellent trading.. Do you use buy/sell stop orders to enter the position .. for example.. when you get an entry signal.. do you place a buy stop 1 tick above the 5 min bar high? When you exit do you use a market order... Also.. when you wait for the 75+ stoch.. are you using the...

DT1... I hope your adjustments will benefit you... It might take a some trades until you realize a difference.. I am a trend follower.. when I swing trade.. I never fade the trend.. dont let my screen name... fool you.. lol --MIKE