Search results

Winners give winners time and room (up to a point) to launch..... :eek:

What's up, money makers. Time for the weekend self evaluation. This week's big lezzon involved what to do with a stock lingering on break even. Last week taught not to put stops anywhere above the bottom of wave 2. This week was an exercise in ambiguity over just where that actually is...

If you average down to a known point of failure (where the setup has been proven invalid) and the sum of the differences between each buy point and your ultimate stop equals your initial risk (a couple percent of your account, unless you're psychic)..... I think it can reduce cost basis and...

A sign of the top, if I ever saw one. Civilization has peaked.

Now this quote is just epic. Anyone who experiences successful trading and compounding in their futures account will be swinging a line in a matter of months. The only reason I can see to join a prop firm is for the training, coaching, and to be surrounded by people who want to win, and...

502 words, no message. :(

You got that right. -stopped out this morning after buying the base

Sold FB @ 18.32 for 1.5% loss. Opened below the pattern low and kept going. :eek:

By all means, give him your best. Average it all the way down... :)

.... you shouldn't need any help, of course, what with your superior analytical skills and higher education. But that's not how it reads between the lines. See, I can play along and expect the worst about you, just as you can about Maverick or Patak trading. I can fire up my spidey senses...

A B C - 1 2..... this is all you need to know for finding the third wave. If you can count it out, you may have a tail on the way. A telltale sign of wave 2 is it tends to be very flat and low volatility. FB exploded to the upside this morning then traced out a corrective wave on low...

Kudos to Maverick for being a gentlemen. I think this thread reads more like the bitter truth of a losing trader than any real charge against the prop firm where OP would not be able to succeed. "But I'm just out to protect the 90%"........ Whatever. There is no such thing as...

Why should anyone help you?

Why should anyone help you?

Yikes, 60% win rate, PF 2.4+ Granted, I actually had to spend a couple minutes fishing for exit parameters on this one. MSFT likes 'em tight. :eek:

I was just thinking the same thing. Buy 'n hold would have generated about $8k during the same time period, but with larger dd's More to come...... :cool:

PF 2.04, but I didn't add the comm's / slippage. Typically this has a minor effect. Great stuff! Kudos to the OP for sharing something SIMPLE that works.

Greetings, FX operators. First time seeing this thread. Thanks, rumpledone for sharing your method and videos. You have quite a personality. :) You read my mind. I'm firing up easylanguage tonight and seeing how far I get. I'm thinking 3-8 lines of code is all it's gonna take...

:(

Guys, I use elliot wave as the primary strategy in my discretionary trading. I also use a moving average / trailing stop based automated system on SPY, independent of my discretionary trading. Both are very simple and make money. :eek: My message to any pissed off quant who has...