AHG - Profitable Strategy for Struggling Traders

Status
Not open for further replies.
Quote from kayak1206:

If you looking for software to work like tradestation check this :
http://tssupport.com/products/multicharts/
More...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Thanks - I have a very good one, however I have to find ways and means to get interesting indicators coded for the software I use.
I am by no means a coder.
The TradeStation language seems to be the only one which is somewhat similar to mine.

C
 
Quote from c.profitt:

I am in the process of writing a journal with a checklist of things I'm want to consider before taking trades. This is definately not done and It's wouldn't be the same for everyone but I thought I would post it to get some feed back and hear others rules or oppinions that would be good to put in here. I'ts a work in progress and some of the informtion may be incorrect so if you can read it and offer some suggestions it may serve others good to have a set of guidelines to have handy to review before taking trades.

Be Gentle It's not perfect:)
More...


This is a really good start CP a lot of value info we need to remember on a daily basis, if not several times a day. Thanks for the .doc
 
Quote from suriNotes:
hi henry, thanks for your post...

i'll be happy to contribute to your rule-book idea... let me know if i can clarify/help any ideas/examples presented in my book.

regards,
suri
More...
Hi Suri,
Thank you for your offer, your help will be greatly appreciated by all.

Kind regards,
Henry
 
Anek & other contributors,

I'm pretty new to ET, so I'm not 100% sure if I'm welcome to post on this thread..just let me know.

Here the scoop....Today was my first day trading a live account...I was actually paper trading when the Fed announcement came, and I saw the market falling, so I logged into IB & decided to try the real thing...

My strategy was loosely based on this thread in that I tried to go with the trend & all i watched was T&S, and a 1 min candle chart with a 8 & 21 EMA...

When the price rallied to the EMA I shorted, when It reversed at the bottom I rebought....I did this several times, but when i had a couple go against me, i increased the size on the next move..

Probably was much closer to gambling than trading, and i know i made several mistakes, but I fired off about 10 round turns, & was up pretty good for my first day..about 4%...yehaw!

Anyhow, i wanted to say thank you to everyone for taking the time to post the knowledge thats here....it really helps
 
Quote from jdkgroup:

Anek & other contributors,

I'm pretty new to ET, so I'm not 100% sure if I'm welcome to post on this thread..just let me know.

Here the scoop....Today was my first day trading a live account...I was actually paper trading when the Fed announcement came, and I saw the market falling, so I logged into IB & decided to try the real thing...

My strategy was loosely based on this thread in that I tried to go with the trend & all i watched was T&S, and a 1 min candle chart with a 8 & 21 EMA...

When the price rallied to the EMA I shorted, when It reversed at the bottom I rebought....I did this several times, but when i had a couple go against me, i increased the size on the next move..

Probably was much closer to gambling than trading, and i know i made several mistakes, but I fired off about 10 round turns, & was up pretty good for my first day..about 4%...yehaw!

Anyhow, i wanted to say thank you to everyone for taking the time to post the knowledge thats here....it really helps
More...

JDK,

You are certainly welcome here.

Glad you made money because what you did is most certainly gambling (martingale).

Read the journal, take your time, if you have any questions, feel free to post.

Anek
 
Quote from Anekdoten:

JDK,

You are certainly welcome here.

Glad you made money because what you did is most certainly gambling (martingale).

Read the journal, take your time, if you have any questions, feel free to post.

Anek
More...

I saw this and thought the same thing. Remember, averaging down worked today, but a monkey could have made money on the short side of this market. You can get really blasted using martingale MM.
 
Quote from Leonidas:

I saw this and thought the same thing. Remember, averaging down worked today, but a monkey could have made money on the short side of this market. You can get really blasted using martingale MM.
More...

nahh it works, today I went long after the announcement, I had to average down only 29999 contracts to close the trade break even :D :D :D :D
 
Quote from Leonidas:

I saw this and thought the same thing. Remember, averaging down worked today, but a monkey could have made money on the short side of this market. You can get really blasted using martingale MM.
More...


I know, I know, but martingale works so good as long as you have the money & the house will take the bet.....

however, I am here to learn skills...I dont want to be a hack forever...and i'm a quick study... I will keep reading through this thread for tips...
 
Quote from jdkgroup:

I know, I know, but martingale works so good as long as you have the money & the house will take the bet.....

however, I am here to learn skills...I dont want to be a hack forever...and i'm a quick study... I will keep reading through this thread for tips...
More...

Don't worry, the market will teach you all about any bad habits you may have. Making money on an ill advised strategy is bad news. It reinforces the behavior. The market takes no quarter nor does it spare the rod. Good luck on your journey.
 
Status
Not open for further replies.
Back
Top