Search results

  1. B

    Spydertrader's Jack Hershey Futures Trading Journal

    This afternoon I mis-identified a number of FTT’s. The ones I did get right were immediately followed by a reversal FTT. Roughly approximating where I reasonably would have entered and exited would have resulted in small losses at best. I can’t help but think these small losses would...
  2. B

    Spydertrader's Jack Hershey Futures Trading Journal

    This is very helpful and also cause for many more questions (as is the case with helpful info :) ) But first I'll study what you said, it's a mouthful.
  3. B

    Spydertrader's Jack Hershey Futures Trading Journal

    forgot attach...
  4. B

    Spydertrader's Jack Hershey Futures Trading Journal

    As a follow up to my last post (earlier today) here is an example. On the attched chart I have two possible RTL's numbered 1 and 2. #1 starts from within the CCC. #2 starts with the bar that breaks out from CCC. Is either 1 or 2 "the" correct way to do it, or is it a matter of waiting for how...
  5. B

    Spydertrader's Jack Hershey Futures Trading Journal

    My understanding is that as soon as you have determined it's an FTT you enter. When this is exactly will depend on several factors including your skill level, experience, and number of tools you're using (right now we're just using channels).
  6. B

    Spydertrader's Jack Hershey Futures Trading Journal

    Below is my ES chart thus far in the day. I have been unsure about how to proceed after a perceived CCC area. Are my pt's 1,2 and 3 correct at this point? Are there any "rules" for starting or adjusting a channel after a CCC?
  7. B

    Spydertrader's Jack Hershey Futures Trading Journal

    Entry would be at the time you identified the FTT, which is before the "right side" (trend line) of the channel is broken. The breaking of the trend line is what we are calling the "break out". If a break out occurs, you continue to hold your position. If a break out doesn't occurr, then this is...
  8. B

    Spydertrader's Jack Hershey Futures Trading Journal

    My experience in teaching is that this doesn't work. When negative beliefs exists, you sort of need to "end run" them by actually doing.
  9. B

    Spydertrader's Jack Hershey Futures Trading Journal

    This is my opinion based on experience.... Forget about higher higher, lower high, etc etc. Instead, approach it from a psychological viewpoint. A new high, by just a tick or two, which fails to move higher; means something. And it's not what all the text books say a higher high means...
  10. B

    Spydertrader's Jack Hershey Equities Journal II

    Restan, I have used many many real time services. All have pros and cons. I haven't actually used TC2000 r/t but have watched someone else using it. IMHO, Qcharts is very little different in price but has far greater capabilities and is truly designed for heavy duty multi chart screen setups...
  11. B

    Spydertrader's Jack Hershey Equities Journal II

    The futures markets actually close at 16:15
  12. B

    Spydertrader's Jack Hershey Equities Journal II

    My take on this is to look at the high of today's bar as a new point 1, today's low is a potential point 2, and now look for a retrace on low volume to form a point 3; and then of course you have a new channel to work with. I can't tell you how I come to this conclusion, it's sort of an...
  13. B

    Spydertrader's Jack Hershey Equities Journal II

    Perhaps this can help, I forget which thread I pulled it out of.
  14. B

    Spydertrader's Jack Hershey Equities Journal II

    http://www.mbtrading.com/futures.asp
  15. B

    Spydertrader's Jack Hershey Equities Journal II

    First, my apoligies, this may turn out to be a long post. I am happy for any feedback. I want to share some observations, my process, and hopefully something useful. I have been finding a lot of emotional/mental resistance to doing these darn channels. I have screwed around with trading for 6...
  16. B

    Spydertrader's Jack Hershey Equities Journal II

    I also had XING, I've been updating my final universe once a week but will supersede my list with any final universe Spyder posts (as he did just above).
  17. B

    ib(IdiotBroker), your stupid stupid odd lot policy

    How about reading the policy b4 signing up.
  18. B

    Spydertrader's Jack Hershey Equities Journal II

    For those of you (like me) who tend to struggle and work and try and not quite get things, perhaps this video might shed some light. Maybe what you believe isn't quite so solid and firm as you once thought. I think the moral is obvious. At about the 3min mark the speaker plays a video. Watch...
  19. B

    Spydertrader's Jack Hershey Equities Journal II

    Somewhere along the way in one or both of the journals I believe others have used TC2000 and/or Amibroker. I recall some snippets of code posted. You may want to use search feature and look for info on those. Ami can use IB data feed. Also, the work can be done manually using the Initial...
  20. B

    Spydertrader's Jack Hershey Equities Journal II

    The stocks are changing based on rank and fundamentals. If you go back a year in the Journal and work through it from there, you'll find all the stocks traded as Spy and others have posted their universe lists.
Back
Top