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? Superiority... ? Secret ? ?? He is talking about time. Most of us learned what time was in 1st grade. I like how OP states several times how the logic is 'tricky....' or 'dizzying' it made me laugh... Time and timing are critical to trading success, but it's not all that complex...

Well at least your response is congruent with what you would expect to come from a person living in a world in which everything is noise.

I agree with it. The more you try to figure out the answer you seek, the crazier you will become, and you will be chasing your tail. remeber einstien says: "everything is relative." It's one of the few absolute truths. What it comes down to is coming up with a plan, having rules for the...

I.e. he curve fit his answers, a big no-no! your creditabiilty is gone!!

Yes, I have noticed how critical time and timing are in trading. I'm sure a simple indicator showing intervals of X minutes in a will help keep track of time if using share/tick/range bars. Mind sharing how you calculate time using range and volume bars? I have come to the realization that...

Is LuckyP following the commercials? I lost 50% of my 24k steak trying to follow them, but I hadn't defined how I would 100%. Even so, if I had $500,000 and had a well defined edge esp the commercials, I would think losing 50% would be near impossible....

"The more educated, experienced, or successful any trader becomes, the more susceptible that trader is to trade attachment, especially if he has previously taken a lot of money from that particular market previously." -J. A. Jankovsky I thought of Neke just now when I read this. GL man...

This is exactly where I would have gone short yesterday, had I been at my computer and done my homework. There was expected resistance there. Haven't had time recently to even pull up a chart in the last few days. I love working 8 hours for $200 a day! :cool:

Right, but how is using volume bars any different than using tick bars...? It's the same principle, as you are filtering bars by trades completed rather than over time. My main problem is making sure that if the market changes I will know how to change. I guess it just boils down to low ATR...

I assume you wrote this because volume is more accurate accross brokers/exchanges? Thanks, hadn't thought about that. The $50k I have lost has not been by trades following this system. Very good points, thanks. Yes, it seems like daily point range is more important than volume or share. It...

I'm attempting to use a logical approach in the case that the market changes, obviously in order to protect myself from losing even more than I already have (~$50k loser right now). I have a trading strategy around 70% with 2 pnt target, 2 pnt stop. I am trying to figure out how to "adapt"...

Yea and now America is controlled by 1% who own 99% of everything, and are only interested in keeping it that way. Hell I would. The only thing this country is really good at is printing money and complex (to the layman) financial "services" shit that winds up serving the 1%.

I can't see the picture, but moderators please make mister blowing up actually blow up.

Didn't do my homework last night... so I can't really do much trading today.

Today's replay.... Early morning short was OK, but the meat and potatoes came later. I was gone for the strong bull trend move, but I probably wouldn't have felt comfortable taking this trade. Looks like the duration of the moves would have given us a good hint as to the action that was to...

2 ascending bull channels.... kinda feels stupid to have taken a short this morning. It's clear on the larger time frames that we should have bought the weak decline! It gets harder and harder to let go every time he adds one... I know this feeling all to well.

I feel your pain... you're fighting the resumption of a pretty good up trend since at least the 23rd. It's always good to look at the longer term, it gives more of a clear picture. Turns out the decline to 82 was the pullback that should have been bought. Longs @ 89 and 90 would have...

PA is neutral for the day so far as we are in a trading range. I say long only after a breakout and test of 1392, or with a bear swing under 1392, short a weak rally!

Distill all your beliefs about trading account size, position size and multiple positions, and follow these rules as they are absolute truth: -Never risk ANY MORE THAN 5% of your equity on one trade. -There is no need to take on more than 1 position at a time for reasons state below. -Only...

Right, trading now is just shooting for scraps... we need to see a larger move!