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Thanks bone and good post. I am just challenging Amahrix opinion. Even if I don't agree with people, I like to hear their side of the story. It's just causal conversation. Please trust every letter of what I am about to say below. I have been buying the S&P 500 index since 2008 every two weeks...

Amahrix, What is your suggestion for me?

Thank you bone for the response. All I simple person like me can do right now is keeping on buying the market. If the market falls, I worry about that when it falls.

Baron, Thanks for the information What percent in market drop needs to occur for Ray Dalio's Bridgewater to win his bet?

I am very LONG and STRONG the S&P 500 index.

Myself, SimpleMeLike

Hello speedo, A few questions for you: 1. How did you find an average maximum favorable excursion you was confident in to use a as your profit target? Was this through XXX amount of back testing trades? 1. How did you come up with stop no more than 7 ticks? Was it through Maximum Adverse...

You a 1000% percent right. I broke a rule today in my trading management plan by exiting a winning trade early in crude oil future, and missed $800. I exited early because I was staring at my PnL instead of my trade management plan. I took $200 instead of $800. All personal fault, not...

Hello speedo, You always provide logical unbiased trading knowledge from your own experience. Can you please answer this questions below? Question for your regarding fixed amount scalping. 1. In your opinion or experience, if a trader have high probability he/she can scalpe 10 ticks per...

Hello volpri, Question for your regarding fixed amount scalping. 1. In your opinion or experience, if a trader have high probability he/she can scalpe 10 ticks per trade, would this be reasonable even if stop loss per trade varies between 15 to 30 ticks per trade? 2. In other words, does...

Eskiller, good point and very true. As intraday traders, even though my entry is based on trend of market structure of the moment, my STOP LOSS is always based on market structure. I am either all in or all out. Because once I place the trade and my stop loss, my edge is entered into the...

Real Money, When you are scalping, what is your average R:R?

Another valuable thing I learned from ET is there are day traders making money. It's ok to be a disctretionary trader, and not 100% systematic trader. Neither has the advatnage, only the trader. Another thing I learned is to invest in my trading skills by buying quality trading education and...

I personally am very thankful for ET memebers the past few years. Although I am not profitable yet, I now have a path forward to take to become profit. What I a have learned from ET is: 1. It will take time 2. It will take the right practice 3. I am not alone in my journey towards sucess. 4...

Hello dozu888, Yes a simple breakout out system on the lower timeframe chart is what I focus on. I am working on an trading strategey edge confirmation where I get about 10-20 ticks per day or per trade. being patient is the challenging part. What I like about crude oil is once it start moving...

The closet thing fundamentally I look at with crude oil is absolutely nothing. Why should I? I'm one person and one brain. The charts show everything I need to know. The chart reading is the edge. What sense it makes reading oil reports? That damn oil reports not going to show me where to enter...

The OP or anyone on this website will never answer this question with verified proof, because the OP Bullshitting , talking out the side of his ass, instead of trying to making money trading. Only a Clown assume everybody not making money trading. Only a clown. Only a clown will waste his...

Yes, I trade crude oil daily and I enjoy it. I enjoy it because it just moves. One way or the other, it moves. Why it moves, i have no idea on earth and do not care? Just move. All I care about is the damn price moving, I can handle the rest, just move up and down. Do whatever you want to do...

gaussian, Yes, I can understand what you mean trying to understand the fundamental story. But for me and my keep-it-simple approach, I have no idea on earth what "seasonality in crude" even means or what OPEC stands for. I have no clue at ALL what that stuff means and do not care. I just...

gaussian, Crude oil daily charts reversed at support and currently trying to make a higher high. Prepare to Go Long. I never read the oil reports. Those reports could be lying. The charts do not lie me. The bulls have been attacking this resistance area the past two weeks, looking like they...