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The only risk that has any real meaning to it in pragmatic terms is, actual risk. From the entry to the exit the only risk a trader actually endured is how far the market, in REALITY, went against his position, plus 1 tick. It is the only pragmatic mechanism for figuring reward to risk as the...

The HFT’s and computers have knocked the young and agile out of the equation. Only the old dinosaurs can be successful as discretionary day traders as the young love the new, new technology, and new style, too much to take a serious look at the ole ways used “back in the day” but adapted for...

If you are possibly considering videos I would suggest very strongly starting with Richards Entwistle’s video. He and Al work together. Richard put out a condensed version of the very best trades. His video set is mostly Al teaching. It is a great introductory to the larger comprehensive Brooks...

Synthetic as in NOT REAL? Rofl

Ok whatever you wish to believe. Whatever floats your boat. LOL But they ain’t after your 100 bucks. They are after GS million bucks.

Like I said but said in another way.....they are not interested in our peanuts. They are not gonna waste time trolling around thru our data trying to figure out our strategies to grab a .50 bag of peanuts when they can go after the peanut factory.

ROFLMA

You are probably correct about suitability but I use average down to provoke and shock. To make people consider the concept. To help effect a paradigm shift. Making something more palatable is often counter to the effect you want it to have. I want to shock...then let folks see how I do it. So...

That is correct. If it goes my way out of the gate then I focus on my exit strategy. I usually don’t scale out of a multiple contract winning position nor do I like adding to a trade that goes my way. I will sometimes scale out if my initial entry was big enough such as in multiple contracts and...

That is hilarious!

ROFLMAO

No they aren’t. You, nor I, nor all the retail traders put together interest them very much. We don’t have enough money. It is big institutions trading a big institutions. We are chicken feed for them not worth them scratching around to find a few grains.

LOL yellow painted coffee beans coming from central America to themickey! Vaccum packed in 16 oz bags.

Ok James Bond. Thanks for the enlightenment I will have to keep that in mind! Trade on 007! I think you have a journal going? Hope you are crushing the market!

Actual PB's and Implied PB's Why are PB's important? Because they facilitate a trader putting on a position in a present trend that has a good chance of said trader making a profit, even if just a scalp of 1 to 8 points in the ES or an equivalent move (in terms of $$) in NQ or YM or in terms of...

I want to discuss PB's. Why are PB's (pullbacks) important? Because they tell you the previous trend is probably going to continue. This gives a trader a chance to get in at a better price before, or right after, the previous trend starts back up. They also give a trader a chance to average...

That is a GREAT themickey! I know you spend a lot of time in the coffee shops in your beloved country as you are awaiting your investments to put you over the top but......at this rate them coffee shops are making a ton of money off you eating up your profits.

ROFL...MANY DAYS TO COME. IF I make it to live and see them.....

In case you want to know about the stop losses for the trades in post #933 look on the 5 min chart. My initial SL is 2 to 3 ticks above high of bar 9:50. Which I will happily move to 2 or 3 ticks above bar 9:25 before I will yell uncle and throw the towel in..followed by then doubling up my...

And here is what happened the rest of the RTH's session. Made some annotations. Study really good. Think deeply. Close your eyes ..see it..take a mental picture...clik..clik. Now it is yours! P.S. Don't ask me if I traded the bear channel and the range at the bottom. I would have but I was...