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I'll tell you a riddle. You're waiting for a train, a train that will take you far away. You know where you hope this train will take you, but you don't know for sure. But it doesn't matter. Now the train is traveling at 120 mph and it started from city x which is 2 x from city y which is its...

"Ariadne: An elegant solution for keeping track of reality. "

I'll tell you a riddle. You're waiting for a train, a train that will take you far away. You know where you hope this train will take you, but you don't know for sure. But it doesn't matter. Now the train is traveling at 120 mph and it started from city x which is 2 x from city y which is its...

The spread was huge which is why I normally don't trade on Sundays and/or low volume times. I think I was instantly down like 7 ticks just getting short. However, my stop was not violated. The problem with the spread is sometimes when your stop is hit, you lose on the stop and the spread...

http://www.bloomberg.com/news/2012-10-12/oil-heads-for-weekly-gain-on-middle-east-tension.html Overall supply is greater than demand for global oil according to this report. So overall my bias is to short CL. I also decided to trade on Sunday since I felt that the affects of this report on...

This was real money Surf. It says for last week my win% overall was 80%. However, I will need to concentrate on performance for the combine and go for longer targets if I want to meet my goal.

Waiting for them to allow me to use NT.

You seem to miss the point on chop and random trading. If someone goes long for no reason, and you fade the trade, some times that person wins and you lose, and sometime he loses and you win. However, you both are affected by slippage and commissions so the strategy will not work. Or let's...

So Austin do you need to end with $ 162,000 and win ratio greater than 45% in 2 weeks?

No, the edge does not disappear if it was real to begin with. Yes, markets change, and certain days the edge will not work so on those days, don't trade after you take a loss. I am not telling you to buy a system. Most systems for sale are back tested which means they are optimized to work...

1) You need an edge. An edge is trade setup that has positive expectancy. a) Let's assume for sake of argument, your current system has an edge go to step 2. b) If it does not, go back to step 1 or get a job or pay someone to mentor you. 2) Good, you got an edge. Now setup a trading...

TA works fine that is why I had no losing trades this week in real money not sim like Market Surfer who can't even make a profit on a demo account.. It's just that you need to put in 10,000 hours of screen time, 6 years of trading, or pay someone to mentor you. Do you think Doctors become...

I went long, and CL was mean and went down right after I got in. I moved my stop a little, and set to go long 1 more contract which did not get filled, then CL shot up past my 1st entry, and I got out of the trade with a scalper profit. Thought on trade, was I should have waited for either a...

It does look like I may be starting a combine here per my private messaging with TST_Hoag, so I just be doing it to work on getting some extra funding for my real money trading, so I will not be doing it as a prize like poker competition, but just as a normal combine that I will report here on ET.

Getting emotional over a loss, and trying to make it back that day by revenge and/or over trading.

Actually, just being a flag or a DT is not justification enough to be able to predict the future. Yes, both of the above are based on TA, but by themselves will usually not give you the reason to trade. I would normally use a 2nd confirmation. For example, if you want to short, is the level...

Well, I would be willingly to do this. For example, it would follow the same rules they currently have setup. So for example, if you lose more than $ 1,000 in a day, you are disqualified. If you make $ 3,500 in 2 weeks you are funded. Everyone is allowed to trade the same number of...

For me, range is when you have enough room to make a profitable trade. Pure chop would be sideways movement where price is just going up down by a few ticks.

http://www.bloomberg.com/news/2012-10-03/oil-declines-after-u-s-supplies-gain-a-fourth-week.html Ok, I thought there was a reason for such a big decline and not just Spain having problems. Oil reports come out on Wed, and supply was up.

Thanks Ammo, I took a scalping profit long off your 87.80 entry. How do you get market profile for CL? I use Ninja Trader with Zen-fire. I think your last entry should hold for some good profit for you, however, I wanted to be out before end of day.