Search results

I'm not sure what's so funny to the OP. Regarding the 2nd post, not every arab is a terrorist or religious fanatic, no reason to display such racism. EW

Iron, Don't use fast charts, they are as good as random. Learn to be patient, not every day hands you low risk high reward trade opportunities in a silver platter, which is exactly what every trade you take should require in principle. You see eventhough price may appear to move randomly...

Stopped at 69.75 with slippage filled at 69.50 for -4.50. Maybe next time. EW

Long 3 ES 74.00 STOP below 70 Target based on PA, 1st at 80. EW

Riding the winners is a common denominator of the best traders I know but I would not go as far as to say random entries will do it.

I would not dare critique your system as I don't know anything about it but using the phrase price action followed by a chart with a million indicators is an instant classic.

I had the same target, more details in the chart attached.

You would think exchanges would fix these bad equity ticks by now. If you must trade ETFs instead of futures due to leverage, you could always trade SPY based on ES charts, futures rarely have bad ticks, if ever and the price action is close to identical.

What kind of charting software do you use when using the Ubuntu OS? Thank you

Seems like a pretty good deal to me.

I've never found trailing stops useful. For my trading I prefer to predetermine a target and as price gets there I examine the trail it painted and decide if I should stop at the target or continue.

I wish I could make this work for me. I find time and sales to be so random it drives me insane. Ended up taking it off my trading workspace and just following price.

For what is worth I use IB as my broker and I don't get 4X margin when daytrading equities. A little less, somewhere along the 3.5x mark.

Sorry but this kind of answer just makes me uncomfortable. It's not so easy pal. By the time the trend is obvious it's getting ready to reverse and strong trending days are the exception not the rule. The trend is your friend yes, but they do end, and price is volatile enough to make...

I was very much surprised by Walmart's warning this morning. If the strong retails warn, what could we expect from the rest ? Scary times.

I've tried all kinds of position management strategies, including averaging down, averaging up, scaling in, etc. Averaging down should be synonym with idiocy so I won't even discuss that. Now, in my experience adding to winners is dangerous business because unless you caught up a very...

I use Briefing Platinum, it is a great news service. Particularly if you trade equities and want to find out what's "In Play". It's basically a way to find out what to check but from then on you are on your own. In other words, it will tell you what to look into but not what do. Hope...

Business is business, Microsoft is just moving on. What do you expect them to say ? Took them long enough to laugh about their very own Microsoft Bob :)