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Whats the first thing you see when you look at a chart as a newbie... Somethings going up, buy! Somethings going down, Sell! Buy Low and Sell high is the name of the game. When everyone else is chasing a stock up, fade them! There is a difference between selling into a crowded move...

Since I've been trading stocks intraday for the past 5 months I haven't seen much of a difference in terms of stock movement and volume. There hasn't been a ton of follow through on breakouts/downs since I've started. Even when we had big breaks on high vol a couple months ago...most stocks...

Going OK. Been logging my trades as you know...noticed some tendencies. Namely that buying new highs and selling new lows doesn't work in most stocks. Don't know why, but in many cases if I had done the opposite of what I've done I would've made money. LOL So instead of taking the A-ups off...

I Don't see you mentioning your account size anywhere in the thread, maybe I missed it?

Do you remember the radio interview from the guy that was a trainer at MBF? He said one of his traders simply got long at a-ups and if it didn't go anywhere in 20 minutes he got out. Many different ways to skin the cat. I think I'm not trading anywhere near what I want to because I'm looking at...

Man tell you what, getting frustrated here LOL. Playing good news/bad action plays with ACD is not a recipe for trading 100k shares. Unless I'm trading 5-10k shares a clip. There are just not as many opportunities off of these types of plays. At most there are 3-5 plays a day. If I am...

10/14/11 Net PnL=-21 Shares Traded=2000 Not alot of earnings based stuff, hoping to get more plays next week when earnings really come along. Not alot of plays off of good news/bad action. You have to be really patient and wait till the right oppurtunity comes along, some days it doesn't...

Lol wow! Just read an interview with this guy, Interesting character.

Ya I've been logging my trades and noticed this pattern. I remembered that you had told me this a while back. Well now I will def not trade them. Earnings season starts up next week, so I'll have plenty of content to work with. Thanks.

Taking a day off today...been going strong for the past...I don't even know how many days. If I'm not trading, I'm working on doing research...reading and re-reading Fisher's stuff. Looking over data...it's exhausting! Here's yesterday's results: Net pnl=-91 Shares traded=2000 APKT &...

Varies alot. Most don't make any money at all. You have those that earn a decent living from it 50-100k, and then who can earn in the high 6-figures , 7-figures. Check out Mark Sperling from t3live. The wall street journal did a video of one of the high vol days from August and he made 90k in...

I think your looking for flip! lol Thanks for the spreedsheet tho

Check out those videos I sent you...he does some live trading at the end. He does daytrade, from what I saw in the videos! IMO you need to use ACD to fit your approach. If I'm trading stocks with catalysts and there is a clear show of strength or weakness(good news/ bad action) then I might want...

Oh and just noticed something going over my trades. Very small sample set, but I think this holds true in principle. I did not make one profitable trade where I was trading against the pivot range. Long while below, or short while above. Very interesting indeed!

Your going to have to get him out of that basement before that can happen lol

Don't undercut yourself...you've put alot of useful info about this type of approach into this thread. Prob more than fisher has put into the public domain in the past few years. Plus I've never talked trading over a cold brew with Fisher, so I trust ya lol

Oh and wont forget the first hour pivot range...I bet this would be a great way to allow for runners once in a good trade.

Ya definitely understand, I just want to have a basic understanding of how it would effect OR sizes relative to ATR etc. This way I can understand how to structure my approach.

Hmmm really, that small? Keep the A-values the same in this case right? Also the time stop would have to be changed as well to remain consistent. I'm going to go over all the trades I've made in the last 5-6 days and see how this would effect it, thanks!

20-minutes, Haven't noticed the opening range's changing as much when I change it to lets say 15 minutes. What do you think?