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So you make $200 in a few weeks and now you have a niche? But you blow up a few thousand in trading dow futures so thats not your niche? He has a long way to go until he can honestly say he found a niche. --MIKE

Dude.. you keep on jumping from one thing to the next. If you start losing $ in currency.. then you will be back to swing trading ... You are like a little kid that cant make up his mind. So you made $200 in currency market.. does that mean you have found your calling.. lol -- you are...

Here is an important question. How much money did you start with when you made %200. And yes it does make a difference.. dont let the pikers tell you otherwise. If you made $5k into $15k then you can keep dreaming.. but if you made $250k into $750k then I would take you seriously. --MIKE

My stop was hit. You would prefer that.. but I didnt. -MIKE

I lightened up the position a bit... because the market is hitting highs and is in runaway mode. My stop is still at 47.01 which never got hit yet. Although on this particular trade I am at a loss.. overall my account is profitable because I used AT as a shorting hedge... I have way to...

Just found out it takes $4.37 to print a page so we will do icebergs out of VDU and a continuation from the trend. I trade a fractal that represents the market pace. I also watch the next fastest fractal for anticipation. For execution I use a 3.2 PPO Thrust from a VDU climax. Volume is...

When I was a young buy in grade school they told me 3/4.5 people wont like me. So I said that it will rain tomorrow and went to school. Take only a stochastics 4,19 and overlay a matrix log with your ROI hits $97.5k. Then buy a new car and do it all over again as a interm. Follow the MACD...

For starters... assuming you had a stop loss of $1 on the trade.. u should look to begin locking in a piece of the profits when you are in profit of around $1. Basically you begin locking in profits when you profits exceed your risk. You can do thousands of testing on whether to scale out...

A good trail is using something like an ATR based trail or volatility based... for more inf do a search here on ET. A simple trail is something like a 2 bar low/high.. there are tons of methods.. --MIKE

Before you place the trade.. you need a specific profit taking strategy... you can't just say.. I'll see what happens.. because in reality you are just winging the most important part of trading which is actually ringing the cash register... Personally... I like to take scale out of my...

The most important part of swing trading is knowing how to take profits. Thats what you should really be focusing on. In your post you barely touch on it. I have been swing trading for many years.. and realized that the exit is what seperates wheat from the chaff. For a beginner you are...

Market has been great the past week for swing traders that soley follow the trend. Buying any pullback in an uptrend has been making money. --MIKE

Are you still gonna continue with this journal? --MIKE

You still there? Breakouts have been working lately especially on the semi's.. --MIKE

I think I have mastered Jack's methods.. I will chime in here... You have to take a matrix log of a 5min, 67min and overaly the fractal with a divergence stop log. Beginners can take a iceberg on the 1min and MACD setting of 2,19 and square it to the nth. For advanced its just a matter of...

so at $2500.. u are doing .25cent per PIP? --MIKE

I dont get it.. you are trading with $100 positions? Isnt that like one penny per a PIP for euro/usd? It will take 100 PIP just to make $1?

Anyways I would wait for a 46.916% retracement of the range prior to CHD. Stop loss placed on 3% increment channels on a 2X6 matrix log. Finally, exit when there is a dry up on a 3 point p,v convergence. Its only for beginners and advanced level use the iceberg and macd 3 point convergence...

I have. Useless. I dont think Floyd trades this method anymore.. atleast thats what he is saying on tradingmarkets.com --MIKE

Any long only breakout, pullback strategy works well in a strong bull market. In a choppy or bearish market they will all fall flat on their face. Canslim is really just buying high quality momentum names as they breakout... nothing more nothing less. The whole system only really works in...