ES Journal Archive (2006 - 2008)

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porgie, b1s2 has mentioned on many occasions that the system he has used all along is better suited for longer term trading.

I personally don't think "indicators" work well enough on shorter term charts because they lag too much and are too inconsistent. I believe that for shorter term charts you are better off trading off trendlines, specific targets and leading indicators if you have figured which ones can be manipulated to be used in this fashion.

Still, b1s2 contributions to this board, for my style of trading have been the best thing that has happened to me since I got involved in this business and I will always be grateful to him for that.

We all trade our mind. What works for some might not work for others. That doesn't take merit away from whatever system a trader chooses to use if it's used successfully.

This board needs more people like b1s2 who take the time to answer questions and are gracious enough to share their knowledge and experience with people they don't know or will ever meet.

Criticism that is not constructive, imv, is unacceptable.

:)


Quote from tradequicker:

b1s2........after years of talking about this without much success, i did learn one thing.........you can give someone the perfect system.....they will not accept it for long.....their ego will not allow...and they always need crutches.......oscillators, extra charts that say the same thing, what joe blow the paper trader said, etc..... ..it isn't their idea so they will pervert it and it will be gone....poof........that is fact.....in other words you are wasting your time, unless you get something out of it, and that is okay as i know you are as bored as i am......have a most fantastic day......porgie
 
Quote from tradequicker:

revisionary: 10:31
non revisionary: 12:39
reverse revisonary: 1:01
inverse revisionary: 2:32

invisarial all of above: 09:03

Quote from my2cnts:

Lumpy-

09:50, 10:10, 10:40, 11:20, 12:50, 14:25

Alternate:

10:10, 12:00, 14:00

Finally TQ meets someone of his own IQ level. I haven't got a clue what's all this about.
 
Quote from brightstone:

Long grail dominant
slow stair stepping
Long 1371.25
pt 1373.25

you are late to the party B, you could have gone long around 68-69 range.
 
Sometimes never is better than late.
I think this time the entry was to late, would wait for a better price.

Quote from brightstone:

Better late than never...
We going to close the Gap some time today?
 
I am out waiting for the next signal...
thinking about lunch
When the trendline is broken (5 min RSI)what is the next signal to confirm entry?
Quote from spike500:

Sometimes never is better than late.
I think this time the entry was to late, would wait for a better price.
 
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