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The hardest thing about the SLA/AMT approach is believing it. I've used that approach for the past year and have had only 2 losing trades....and those two losses came when I deviated away from the method by jumping the gun.

In a rush to sound "cool," the guy just brushed off the trading bible. SMH

I really wish I would have started started off with Wyckoff. Had I done that, I wouldn't have needed another trading book.

Sounds like one big excuse for those who fail at forex trading. I'm sure that these things happen but if you're a good trader, you can still profit in the forex market...or any market for that matter.

It's the only platform I've ever used.

After giving this some thought, I'm not even upset anymore. I needed this experience in order to strongly enforce the idea of letting winners run. Apparently, reading about it and having others give such advice wasn't enough, therefore it took cold hard experience in order to get the message...

Thanks Captain Obvious. Don't bother to quote me with such foolishness.

I have to see it take out the 1960 level before I believe that the bull market is over. I'm leaning that way though. The bulls had a chance to prove their case on several occasions and have failed to do so.

I should've also included that I'm a swing trader and not a day trader.

LOL. Don't forget, that $50 is predicated on what you make after commissions.

From my experience, volume has been helpful in helping you to determine the beginning and the end of a move/swing. Other than that, I haven't found volume analysis to be that useful. Then again, I guess those two things are really the only two things that matter. Using volume to determine every...

Well, I didn't have an exact price point set at which to exit...more like a price area. I would usually have to see how price acts when it reaches that area. I've only executed this once with success, other times, I get out prematurely for no reason at all other than to take the profit and be...

Let's see where it goes after this consolidation is done. Still, it's difficult to go wrong betting on a trend continuation.

Which reminds me of this Livermore quote: "Fear keeps you from making as much money as you ought to. The successful trader has to fight these two deep-seated instincts. He has to reverse what you might call his natural impulses. Instead of hoping he must fear; instead of fearing he must hope...

Yeah, I use price action to determine likely targets. I'm right about 80% of the time, which is what really bothers me. LOL, I could probably be a millionaire by now if I followed my trades all the way through.

Since I've become a profitable trader, I've always had a problem letting my winners run. I have no problem selecting good trades, my problem is sticking with them. For instance, I remember a trade that I took last year in Live Cattle futures. I closed the trade out after making only $500 per...

Treasury position closed at 129'140 in anticipation of a strong equities rally today.

Mistype on my fill price. I meant to type 128'290.

I got a 128'090 fill on the 10 year treasury. So far I'm up but not by much.

No position taken yet.