AHG - Profitable Strategy for Struggling Traders

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Quote from hwkaiser:

Attached are my updated notes to date.

You will notice that this is a summary document and is not inclusive of all of Anek's teachings. It is highly recommended for all newcomers to read the Thread in its entirety to gain the maximum benefit of Anek's contributions. This document is intended to provide an overview of what has been discussed to date, and as a reference for those who have been following the thread since its inception.

I have attempted to include links to the most current indicators posted by members of this journal and make corrections to the best of my ability. You will find reference to the contributor and most recent post date for additional information.

I have also attempted to catalog all of Anek's charts (links) in chronological order, and retain the comments of each post.

I have excluded contributions from other notable contributors as it is my intention to dedicate a document for each and prevent confusion from the different trading styles.

My next project will be focused on piscuy, who is graciously sharing a slightly different but equally efficient method and has gained extreme popularity, also most notably is highly regarded by Anek.

I thank those that have contributed to this thread, I have gained a tremendous amount of knowledge from each and I am truly grateful. For those that find these notes beneficial my only request is that you "pay it forward" and contribute to what Anek has started...

Trade well and be well....




Very nice document. thnx HW.
 
Actually I prefer the ES and the ER2 not the NQ. On the ES im trading bigger charts so that they are not that choppy on the slow days. Usually between 2 and 6 thousand share bars.

What do you mean the one tick profit thingie? OSO orders?

Defenetly not only pivots. That is just a sample of a trading arsenal. As I have said before, I am flexible and try to trade whatever oportunities I see that I like, and it can be a variety of things.

Good luck in your trading endeavour. Let me know if I can help you more.


P.

Quote from fishoilfan:

Hi Piscuy,

What is yout time frame on the ES? I know your preference for the NQ and ER2.

I like to trade the ES too with the one tick profit thingie. Much better for your scalp method

Also, when you are in scalping mode, do you only trade pivots? Example...see a Picuy pivot-make a trade-close trade-wait for next pivot? Or do you trade a momentum scalp too?

I got waxed today on the ES with the chop and tried to let my winners run and got scalped! I am dedicating a few weeks to STRICT Piscuy Scalp!

Thank you!
 
Thank you for your kind words and all I can say is that I am a man whos always thriving for improvement just like anyone else.

About my scaling out, I do it in two ways and they depend on what the market is doing and how it is behaving. In one instance I may set up an OSO so that it takes profit by itself on the first target, the second target I take out manually. This I do on slow days with not much range between signals. When I get enough movement then why limit my profits, I try to let them run as much as I can, both of them, take out the first part at the first sign of hesitation and the second part on a retrace of that first sign of hesitation or on another sign of hesitation. I am much more strict with my first exit, im much more lenient with my second one. The reason is the following: On the second one I have locked in profits so I do not mind closing the second portion at break even, It was a free chance for a profit. This I think answers your last question in regards to my stop, yes I move my stop, there is no point in my opinion in giving back profits you alredy locked in with the first half.


P.

Quote from timokrates:

Your comments show that you are experienced - not only in trading.

Personally I took a step back from trading live mainly because of my job. I was trading live a few times before, but not for a very long time. I always stopped when I felt too uncomfortabel with my method. Whatever, what is presented in this fantastic thread provides me with some hope.

Piscuy, I got one more question:

How do you scale out. First portion on a fixed amount or both discretionary based on T&S, Trendlines and Support and Resistance in general?

And do you move your stop after closing the first portion?
 
AmiBroker users? I am trying looking at changing to AmiBroker from Sierra, for the programming ability, but am having some problems. Attached is a chart showing one of them. The dates jump several days. Any idea what I have set wrong?

Thanks,
Don
 

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Don't know how you can trade much more than your pivots on 2 separate contracts ... That should generate quite a few trades in a day!!

If you don't mind, how many pivot trades do you do in a day?

Thanks,
i

Quote from Piscuy:

...Defenetly not only pivots. That is just a sample of a trading arsenal. As I have said before, I am flexible and try to trade whatever oportunities I see that I like, and it can be a variety of things.
... P.
 
Stopped keeping that kind of statistics long time ago. Dont really know how many, but if i were to guess today probably about 25 maybe a bit more. It also depends on the day, sometimes im out of tune so take few trades, sometimes the market gives few trades, other days pivots appear and you have a big run. I dont keep too much statistics about anything anymore it has been reduced to profitable or not.

P.

Quote from iluv2trade:

Don't know how you can trade much more than your pivots on 2 separate contracts ... That should generate quite a few trades in a day!!

If you don't mind, how many pivot trades do you do in a day?

Thanks,
i
 
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