25 Years & $100 Million Profits... A to your Q's, Today Only

Quote from gnome:

Scalping is for LOOOOOSERRRRRS... 'cept you. :D
Scalping seems to mean different things to different people. How would you define it, since you are evidently not enamored of it?
 
What do you use to determine support and resistance......old highs and lows, ie: pivot points ?

Cheers


Quote from gnome:

Oh yes... S/R lines... I also keep an eye on Tick extremes to fade (like, who doesn't know to fade a +1300 Tick?) + standard Stochastic pattern lows patterns... all really basic stuff.
 
1. what was your biggest drawdown? Both in absolute terms and as a % of your account? And what did you do to recover from that?

2. What was the longest period of time where you made no money?

3. what is the average lifespan of a viable trading strategy? is there any strategy that has consistently worked for you your entire trading career?

4. did you ever consider changing professions after a big loss?

5. how much money did you make this year? if you don't want to be specific, then how about a digit range?
 
Quote from Razor:

What do you use to determine support and resistance......old highs and lows, ie: pivot points ?

Cheers

Any of those... trendlines, whatever... trade the obvious first.
 
Quote from robbie380:

do you remember your biggest trade? worst trade?

do you ever get into size where liquidity can be a significant concern?

I don't remember the biggest $$ trade.., but I remember an overseas arb play in mutual funds in Hong Kong once... for about 11% profit the next day... about a $500K winner at the time.


I'd shy away from low liquidity markets... with mutual funds and futures it's never been an issue.
 
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