Not saying wrong or right. Just matter of preference. I get antsy if a position goes against me. I have virtually no experience daytrading also so take everything with a grain of salt (<1.5 months of screen time... before that I just swing traded).
AHG - Profitable Strategy for Struggling Traders
- Thread starter Anekdoten
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Not saying wrong or right. Just matter of preference. I get antsy if a position goes against me. I have virtually no experience daytrading also so take everything with a grain of salt (<1.5 months of screen time... before that I just swing traded).
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My trading today has sucked very badly. I have a short right now that I took off of a long term trendline in the ES and head and shoulders. Just sitting on it. Feel very bad today. Horrible trade management, horrible entries.
Feel decent with this play though. Confident that we havn't seen last weakness in ES.
This is my first day in the past month where a losing day has matched a winning day. It's not really worth it to post the charts unless you want to learn what not to do.
Great,
So your telling me my 1st day back in trading after
1 yr is one of the worst days to trade this month?!
Spent about a week reading this thread and
really like the strategy. But, how do you avoid stuff
like this ?
Anek,
I can vouch for you since I've seen you trade live
successfully in the Puretick room months ago.
Good job on this thread. Care to comment on my entries ?
Thanks,
esu2
My trading today has sucked very badly. I have a short right now that I took off of a long term trendline in the ES and head and shoulders. Just sitting on it. Feel very bad today. Horrible trade management, horrible entries.
Feel decent with this play though. Confident that we havn't seen last weakness in ES.
This is my first day in the past month where a losing day has matched a winning day. It's not really worth it to post the charts unless you want to learn what not to do. [/B][/QUOTE]
So your telling me my 1st day back in trading after
1 yr is one of the worst days to trade this month?!
Spent about a week reading this thread and
really like the strategy. But, how do you avoid stuff
like this ?
Anek,
I can vouch for you since I've seen you trade live
successfully in the Puretick room months ago.
Good job on this thread. Care to comment on my entries ?
Thanks,
esu2
My trading today has sucked very badly. I have a short right now that I took off of a long term trendline in the ES and head and shoulders. Just sitting on it. Feel very bad today. Horrible trade management, horrible entries.
Feel decent with this play though. Confident that we havn't seen last weakness in ES.
This is my first day in the past month where a losing day has matched a winning day. It's not really worth it to post the charts unless you want to learn what not to do. [/B][/QUOTE]
Just a suggestion... it's very hard to see what's going on in your chart due to size. I would enlarge areas you are talking about or make your time interval bigger.
Don't know if this is the hardest day to trade last month but I seem to be having a hell of a time trying to do it. Probably because I was expecting a follow through after yesterday and it didn't happen to the degree I thought.
Shorted again at the trendline exactly. Getting out breakeven. Need to make a phone call and can't wait for resolution.
Don't know if this is the hardest day to trade last month but I seem to be having a hell of a time trying to do it. Probably because I was expecting a follow through after yesterday and it didn't happen to the degree I thought.
Shorted again at the trendline exactly. Getting out breakeven. Need to make a phone call and can't wait for resolution.
Hi guys! Very nice thread you have here. I dont trade this way intraday but I am a stock swing trader with some of the same concepts. I like to use the Heikin candles without the wicks just to see the trend clearly and than I use the normal candles for the timing. I made some snap shots of the heikin candles to let you guys see the trend with this. Dont try to trade of the heikin charts! I hope this helps. My time zone is eastern time +6 ( I live in the Netherlands.
Quote from smilingsynic:
There is no such thing as "optimum size". Massaging (optimizing) the data to come up with some "optimum" number is the trading equiv of going off on a rabbit trail, imo; for the market always changes. There is no such thing as an "optimum" moving average, either (the same goes for all indicators).
I would suggest experimenting with what works with YOUR ability to act on the signals that come from your system/method. Good luck.
Thanks so much for your input. Yes I realise it is foolish for me to think there is some magic no. for volume bar. Nothing fixed can work everyday. Mind ignores some obvious things.
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