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It's not so much an edge failing due to changing market conditions but rather it failing based only enough people knowing about it. - Note - I do understand that enough people knowing and using it could potentially be considered a changing market condition, but I'm looking outside that.

As an example I have read that it is why widely known patterns fail because so many people see them and large buyers/sellers can exploit and trick people into trading them and then stop the small traders out. This is just a theory that I read. I'm not taking either side because I dont know.

Has anyone experienced this or does this only happen if you have a system as famous as the Turtle Trading? My thoughts are that no one person on ET or any forum can share their edge/system and cause enough people to follow it to the point that it doesnt work. I guess it's also relative to the...

great post. his stuff is pretty amazing

I will follow it and donate as well. Best of luck with it. Do you post how you pinpoint your s/r lines and what numbers from MP you choose?

for those that couldnt watch in the previous file format. here are the wmv versions of the vids. Winner - http://www.sendspace.com/file/brhiha Loser - http://www.sendspace.com/file/25fi74

here are 2 trades from today. 1 is a winner and the other a loser. i looked at the loser and my thought process once it was about 3pts against me was to wait for the slow down and then get out as close to BE as possible. Would anyone have left earlier? I notice that the trades I have been...

just checked out that OSCAR guy a couple of posts back. i think he is dealing with lines other than just S/R. :) i didnt look much beyond his first video, but i didnt see much about long term s/r stuff

Which level? Read the thread 4-5x. Every time I read it, I gain something. It's one of the most informative threads I have read

anyone a member of DIG ?

just across the border in jersey. i run a real estate investing company in philadelphia though, so very familiar. wesellhomes2fix.com

i wouldnt last 1 round with the snowman

he means good

Here are trades I took today off ESR's style. There were several others but I wasnt confident in the PA going on so I skipped them. There was also some line abuse at some of them, so I waited. I posted my stop and target of 3. When it says 3, it was hit and when it says na , I was stopped...

I'd recommend you read this thread until you have it memorized. When I first found it, I read it 8x and found something new and useful every time. Some big time traders on these boards contributed to it.

I didnt mean to offend. I would just advise against

I dont mean to post off topic, but if anyone knows of a good daily update for the ES in regards to what kind of day to expect, let me know. I had a source from a lady that was posting daily outlooks on if we should expect a trending day, ranging day and why. Just curious if anyone has a...

Potential points per day or over a period of trades? Over that last 50 trades I had a max profit potential of 116pts. Thats assuming I could get every single trade that exceeds 3pts to max profit. If every other trade of those 50 were completely stopped out with an average stop of 1.5 (which...

Just a follow up to my earlier post about this method working so well and it coming down to trade management. (Thanks for suggestion Tractor). I took 11 trades today, one of which was a revenge trade. My win % was 45. (55% if I didnt revenge trade) I ended up 2.5 pts which is ok, but with...

If I read that last post correctly, it might be a joke, but if it's not, dont do it.