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    Question for Grob/Hershey...

    WTG. Bear in mind that you only need one or two of those a day to make a heck of a living and have the patience to wait for the good ones.
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    Going for the gold - hedge against the apocalypse

    In apocalyptic conditions I would thing the best thing to have would be enough ak47'S and ammunition to outfit your own army.:)
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    Question for Grob/Hershey...

    It was not my intention to make it sound easy. You already know how tricky it can be. Once you enter you start seeing and feeling all sorts of things that werent there before. However I do think most of the easy money is made around the highs and lows of the day, when youre making new highs or...
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    Question for Grob/Hershey...

    The beauty of these simple trades for beginners is the simplicity of evaluating your r/r. I hope Im not getting too far offtrack here as this is not sct stuff but my own opinion is that stops and targets are neccessary for new traders.
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    Question for Grob/Hershey...

    Now we add the channel giving us a better picture and increasing our target to the left channel line. Pt3's are usually either a flag or a lower high or higher low which are all good places to be looking for an entry. If you choose the right ones you can be wrong half the time and still make out...
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    Question for Grob/Hershey...

    Forget about everything for a minute and consider this classic pattern, the flag. This is probably the oldest setup in the book. You enter on the break of the trendline, your stop (oops) is above the pt. 3 and your target is the swing low. You can make a living doing this simple trade, the only...
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    Question for Grob/Hershey...

    Thursday afternoon you had two nice pt3/ftt combinations. If you did nothing but wait for these you would do ok. The first one occured in the 11 oclock area. This is a nuance. It happens a lot.
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    Question for Grob/Hershey...

    I hate to sound like a broken record by repeating these things but I am trying to save you guys a lot of time. There are a lot of things that work but hardly anybody makes it to profitability. Constant experimentation leads to constant losses and constant losses to a negative state of mind that...
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    Question for Grob/Hershey...

    I spent the first three plus years of my trading career playing with strategies and software, changing them on a daily basis. It is lots of fun, and enormously fascinating. At one time I had 8 monitors filled with charts and quotes. I could hardly keep up with it all. I spent most of my time...
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    Question for Grob/Hershey...

    Flat top pennant, flat bottom pennant. Have a good weekent all. Looking forward to it. Been a wild two weeks.
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    Question for Grob/Hershey...

    I traded YM for a long time and at first I tried just watching it alone but I soon found out this was a mistake. Many times you will see YM breakout but ES will sit there bouncing off the high again and again and may or may not follow but it is not safe to enter YM until it does. Many times ES...
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    Question for Grob/Hershey...

    There is a big advantage to watching both. You can debate whether YM leads or not but just as important is confirmation. Watch them both and see. ES is not going anywhere unless YM approves and vice versa.
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    Question for Grob/Hershey...

    I thought, the first couple of years that I was trading, that the market, somehow tracked my every move and faded it. Well in fact it does outwit the majority, the majority of the time. How could it be otherwise? I regret hugely not sim trading until showing consistent profits at whatever I was...
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    This week....

    Two weeks really. Last monday was slow but its been a hell of ride since.
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    Question for Grob/Hershey...

    Perhaps this will clear it up for you: 3(H+L3(H+L)-(c x rt) (q2 - 4p3 + 4 pr) + (-16p2 + 8r)y - 20 py2 - 8y3)=net
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    Question for Grob/Hershey...

    Part of me is wanting this downslide to end and part of me is loving it.:confused:
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    Question for Grob/Hershey...

    Comon BA. You cant leave us hanging. If you post a EUREKA, you gotta 'splain.
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    Question for Grob/Hershey...

    I kmow everybody was eyeballing the 60min. this morning, right?
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    suggestion on Book trader in IB

    Hmm. I hate it when someone counters my assertions with logic. edit: I still think if they were really interested in making Booktrader more user friendly it would be a good idea to look at what these other parties are doing.
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    suggestion on Book trader in IB

    I would think that you would be intimitely familiar with the competition. Why dont you get samples of the competition and look at them close up. We could chip in and pay the subscriptions for you guys if thats whats holding you up. I have made specific suggestions in the past. p.s. I am one...
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