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An edge is something that is developed over time. It takes many many hrs of chart watching and/or screen time.

Depends what you trade. I only trade indices and my tools work on any index most of the time. Low volatility can be a problem but those days are easy spot. I only trade intra day. My philosophy has always been to learn to trade 1 instrument class and trade it well. My "system" can trade almost...

Would that have been incrediblecharts? I also started out with amibroker all those years ago. Their programming language was ok to use. In terms of a mentor. Not really. I couple of people give you ideas along the way. For myself I knew where to look for trades so it was a matter of developing...

Indeed it is. FX, still trading ?? I stepped out for a bit but back into again. The daily's have had a few dips but nothing that looks like a turn yet. We just have to wait and see though the DAX has had a dip or 2. Sideways atm. Markets are quite high though.

Depends on what you trade. I only trade indices so I look at how many points for the week I took. You compare this to the movement of the indices to work out if you did ok. For one reason or another I always miss trades or sometimes it does not look right so you stay out and the thing then...

Make money :)

Agree. That is why it is better to see live trades. Great post by the way as we share a similar philosophy.

I agree. Trying to make a livable income from trading is very difficult and takes considerable time to get there. I was interested when the show girls arrived though but I digress... If someone can make something of what Ken shows/teaches then that is ok. If your intention is to make an income...

I agree with speedo. I have also helped other traders as I was also helped in the early days. I have given advice as to what works and does not work (in my opinion) and explained what I look for when trading. As I explained to someone, the idea is not to copy someone's style but to derive an...

So there are 2 live trades for a total of 93 points within 1 hr. Scale those points to whatever you want. There is really no such thing as dumb money but people who do not know what they are doing!!

I do not care bull or bear. I just trade what I see while keeping an eye on the general direction like I am now No 2nd leg down on the short so will leave that alone for now but a retrace to the long, also leave that alone as no clear direction yet. Day trading is more about waiting than...

That depends on what you are day trading. I trade indices and there are no fees other than the spread. Day trading is tricky and not for everyone. As is any other profession. Most of what you read and / or see does not work. Successful day traders do not really talk about it. I know a couple...

It is an interesting question. I have been day trading for longer than 5 years but I take breaks within that mix because too much screen time is not good for ones health. Of late I am back into it and trading the DAX as we speak/type (big night tonight). In my experience, most people are fixated...

What was he day trading?

What would I look for??? A refund.

Depends on volatility

Some questions :- What is your objective in trading? A career or just a hobby? What time frame do you want to trade. Intraday, swing, daily, weekly etc. What instrument do you want to trade? Indices, stocks, currencies, commodities etc as it is very difficult to trade them all. What is your...

IG are ok and are in the same league as CMC. Their mobile app is better but that is subjective. Depends on what you want to see. I have been trading CFD's for years so do not believe the myth of bucket shop. Those days are long gone as they all provide trading API's so if they play with prices...

The simple answer is yes and no. Volatility plays a large part. For what I do and my own tools, I can flick between time frames and more or less use the same rules to trade. Getting into the shorter time frames ie 1 min charts things tend to fall apart but mostly above that, things are ok.

1. No. What it is, is unknown. You do not know what the next bar will be but you can gain information from that next bar which will help you in deciding if it is a continuation bar or not. 2. Refer to 1.