AHG - Profitable Strategy for Struggling Traders

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While I don't trade forex using these methods, I did make a small change that allowed a higher profit ie letting the winners run.

For those who want to let winners run, you can do 1 of 2 things or do both.

1) Take profit on 1/2 your contracts, bring up stop to break even on 2nd 1/2, and let the rest run without fear of loss.

2) Look for a reason to get out of the trade, for example, market makes a double high for the 1st time, there will be strong resistance and many traders fading the high. Trend ends. Reports are going to come out that may effect your position and break through stops.
 
noticed u trading last half hour thur, very difficult,2;30-3;15 is for gunslingers,if your really good u can break even if u put the whole month together,kinda like flippin a coin ,not worth it.if your tradin so small u r worried about goin broke,then u will,sit back and look for layups,build the acct up slow sit on your hands,dont be anxious to trade and don't be mad when u saw a trade and it went your way and u sat there.learn to survive first, dogpaddle so you don't drown when the current picks up.if all 3,naz,dow and spu are goin the same way reach in and take a couple dollars and then sit and wait til you see it again,write down each trade in a winner,loser left/right column with the time of day ,1/4 hours runnin down the center,you'll start to see time patterns when they shake people out,don't trade those til u know whats goin on....$5oo a week will build that acct while your learning,... minus $500 a week will slowly wipe u out
 
there was an aticle on tradermike's website some lady has done a article which talk about specific time when you can expect change of behaviour for market. and it does that to a great extent.

My PROBLEM is following AHG on 1000v is resulting in more trades than i should take. i am visually backtesting what will it do if i move to 3000 or 2500 volume chart. i think will have less entries and greater stop. first glance tells me will need 5 point stop on NQ.

any experience will be appreciated. those who are succesfull following AHG please post some chart for us to find out where are going wrong.

Quote from ammo:

noticed u trading last half hour thur, very difficult,2;30-3;15 is for gunslingers,if your really good u can break even if u put the whole month together,kinda like flippin a coin ,not worth it.if your tradin so small u r worried about goin broke,then u will,sit back and look for layups,build the acct up slow sit on your hands,dont be anxious to trade and don't be mad when u saw a trade and it went your way and u sat there.learn to survive first, dogpaddle so you don't drown when the current picks up.if all 3,naz,dow and spu are goin the same way reach in and take a couple dollars and then sit and wait til you see it again,write down each trade in a winner,loser left/right column with the time of day ,1/4 hours runnin down the center,you'll start to see time patterns when they shake people out,don't trade those til u know whats goin on....$5oo a week will build that acct while your learning,... minus $500 a week will slowly wipe u out
More...
 
there was an aticle on tradermike's website some lady has done a article which talk about specific time when you can expect change of behaviour for market. and it does that to a great extent.

My PROBLEM is following AHG on 1000v is resulting in more trades than i should take. i am visually backtesting what will it do if i move to 3000 or 2500 volume chart. i think will have less entries and greater stop. first glance tells me will need 5 point stop on NQ.

any experience will be appreciated. those who are succesfull following AHG please post some chart for us to find out where are going wrong.

Quote from ammo:

noticed u trading last half hour thur, very difficult,2;30-3;15 is for gunslingers,if your really good u can break even if u put the whole month together,kinda like flippin a coin ,not worth it.if your tradin so small u r worried about goin broke,then u will,sit back and look for layups,build the acct up slow sit on your hands,dont be anxious to trade and don't be mad when u saw a trade and it went your way and u sat there.learn to survive first, dogpaddle so you don't drown when the current picks up.if all 3,naz,dow and spu are goin the same way reach in and take a couple dollars and then sit and wait til you see it again,write down each trade in a winner,loser left/right column with the time of day ,1/4 hours runnin down the center,you'll start to see time patterns when they shake people out,don't trade those til u know whats goin on....$5oo a week will build that acct while your learning,... minus $500 a week will slowly wipe u out
More...
 
My thanks to Anek and Piscuy. Anek for reminding all of us to focus on the basics and Piscuy for helping me find my groove.

I am an experienced trader (ie thousands of hours of screentime) but overcomplicating matters restricted my progress. Some advice - take only the trades that you are comfortable with, doesn't matter if you miss lots of moves - you 1st need to hone game 1, and never ever ever lose discipline.

I made 9 scalps on Friday and netted about 9 ES points and 6 NQ points, even whilst trading half size. Made my $ target as i would have expected only with full size. Let a lot of trades go - so what, only trades that are important are the ones I took. Key is - no setup, no trade. That assumes that you know exactly what your setup should look like, not vaguely, but EXACTLY.

Herewith ES entries, all shorts.
 

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