AHG - Profitable Strategy for Struggling Traders

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Thanks AAA30 I appreciate it.

Do you have your screen set up the same way ?

Thanks, Have a great weekend everyone.

Quote from AAA30:

This is some what similar to what I see on the last chart. It may be wrong.

Charts/Paintbar Editor/ Add new

(rule 1)
if Bar Open < Bar Close set color to Green
(rule 2)
if (Bar Open < Bar Close) and (Bar Close > Bar High[1]) set color to Lime
(rule 3)
if Bar Open > Bar Close set color to Maroon
(rule 4)
if (Bar Open > Bar Close) and (Bar Close < Bar Low[1]) set color to Red
(rule 5)
if Bar Open=Bar Close set color to White

save and apply to chart with the paintbar indicator

Ps. If you use bright red and green for your standard bar colors rules 2 and 4 can be omited.

AAA30
 
Pax,

I scale out many times, but I don't like to.

I prefer the all in all out approach.

In fact, and you prob know this, I love the gradual-in all out approach.

ie

-Double Bottom with the trend

First position in right at support

-Middle swing gets taken by a closing bar

Second "limit" position in

-Flexible Trendline

Third and subsequent on trendline support bounces

-Trendline breaks

All positions out

Anek
 
A Call for Help

If you are an experienced trader, please read.

I started this thread to help struggling traders first and foremost but also to discuss my passion and take my journal online while interacting with fellow traders.

Well, the amazing has happened. I'm getting constant hate mail from "anonymous" traders via PM. Complaints after complaints for revealing working techniques.

First of all, this is no magic, and in the end it's down to the trader to get it right therefore I'm not sure what's up these people butts but I ignore each everyone of these hate mails.

My call is simple, time to fight back.

Giving is more powerful than receiving, I truly believe that, peace of mind is priceless, I've been on both ends of the spectrum and there is nothing more gratifying than a sincere smile of appreciation.

I encourage experienced traders to chip in, let's end this selfish approach to trading once and for all.

No reason to stop there, apply it outside of trading, pay it forward however you like.

We only live once, let's do it right.

Anek
 
Quote from Anekdoten:

Tech,

Thanks for playing :)

Your analysis is appreciated as well, helps those struggling see different perspectives.

Remember, it pays to only trade with the trend.

Anek

Hehe, thanks.

For some reason I was out of the box. I had some idea you were doing more advance or just different styles when I saw you shorts.
You stayed on topic, but I thought you veered away.

My bad. Quite humbling too.:)

-Tech
 
Quote from Techdoodle:

Hehe, thanks.

For some reason I was out of the box. I had some idea you were doing more advance or just different styles when I saw you shorts.
You stayed on topic, but I thought you veered away.

My bad. Quite humbling too.:)

-Tech

On the contrary. Since we need as strong as a reason for exit in comparison to entry I think you kicked butt :)

Most traders believe the exit is secondary to entry, that imho is a mistake.

Anek
 
Quote from anekdoten:

A Call for Help

If you are an experienced trader, please read.

I started this thread to help struggling traders first and foremost but also to discuss my passion and take my journal online while interacting with fellow traders.

Anekdote,

As you can see this is my 1st post.:) I am as new to trading as you can get. I am very interested in what is said by you and the many others that have contributed to this thread. Please don't stop:eek:

I have read the complete thread twice and I must admit I only understand about 25% of what is said. I continue to look back read again look at charts ect....

Your last chart today with the (homework assignment) I am starting to see the plays.... not nearly enough to comment. The more you all comment, the more charts are posted, the more I learn. I can not begin to tell you all how greatful I am that you take time out of your day to post these comments.

Please keep it up.

One more thing I really impressed with how polite and reasonable everyone is in this thread, no axes to grind or egos to bruise. I have ready a few other threads and websites but this one suites me. Great folks who seem to care about one another and want to help each other. I hope one day I will be able to do the same.

Tks,
 
J,

There are no stupid questions, so anything that does not seem clear, just fire away.

There's always the possibility that I'm the stupid one for not explaining it right :)

Anek
 
Quote from Anekdoten:

A Call for Help

If you are an experienced trader, please read.

I started this thread to help struggling traders first and foremost but also to discuss my passion and take my journal online while interacting with fellow traders.

Well, the amazing has happened. I'm getting constant hate mail from "anonymous" traders via PM. Complaints after complaints for revealing working techniques.

First of all, this is no magic, and in the end it's down to the trader to get it right therefore I'm not sure what's up these people butts but I ignore each everyone of these hate mails.

My call is simple, time to fight back.

Giving is more powerful than receiving, I truly believe that, peace of mind is priceless, I've been on both ends of the spectrum and there is nothing more gratifying than a sincere smile of appreciation.

I encourage experienced traders to chip in, let's end this selfish approach to trading once and for all.

No reason to stop there, apply it outside of trading, pay it forward however you like.

We only live once, let's do it right.

Anek



Wow , Anek you kick a$$ !!! I would like to see the results in two years of the success of some of the newbies you have mentored here.

I say there will be numerous success stories.

And all because one human being decided in the end its more gratifying to give than receive !!!

kudos to you
 
Anek, it's hard to believe (I'm not doubting you, I just am kind of shaking my head in disbelief) that anyone is seriously sending you PMs deriding you for helping others.... and giving away "trade secrets"

Did traders give Richard Dennis grief for training his turtles? :D You are going to have a bunch of AHG'ers running around soon - actually, you already do. My only complaint is that "AHG" is too close to "ARGH" which is the noise I make after most of my trades. :)
 
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