Fibonacci Trading (without noise)

[Sprout]

Ok, a price chart, a position statement highlighting Delta and Theta and an options curve.
What are you looking at as the most important aspects when viewing these three things?

I don't really use the greeks. Are we looking for a specific relationship between the numbers? Higher numbers better than lower?

How would one use a Fibonacci tool if they trade on the 5min?

 

[MACD]

In all fairness, much of what you say I like, but then you go back and forth between sometimes showing actual trades, and sometimes showing your thought process on where trades can be placed. You have stops that sometimes were very tight, and other times were 3 times what your profit target was. None of your charts showed trades marked by the platform, and on top of this, not once did you show one trade where you had one of those 5 or 6 ES point losses when all you were going for was 1 or 2 points.

Once again though, its not so much that you're trying to deceive, its just that you're only showing a small part of what you do. A small part or something when it comes to trading is essentially nothing because if one piece is missing, the whole thing falls apart. Not that you're obligated to show anything, but if you're going to attempt to help people by showing your trades that work, you should also be showing trades that don't work, and where and how you take your losses.

There is another poster here who is showing incredible wins, @nakachalet , and at times it seems too good to be true, but at the very least he showed some stats for today which shows a 52% win rate on 17 trades, so this is something that can be believed. (not sure tough why these trades seem to be 1 lots, and when he trades NQ and GC he is showing 10 lots)

https://www.elitetrader.com/et/thre...t-50-win-loss-rate.310888/page-8#post-4483012

You say yourself that someone shouldn't trade like you, for small profits and high risk, so if you're trying to help, but show stuff other people shouldn't do, without backing it up with stats, I'm not sure how helpful that is. I still respect what you are doing, and I certainly do love pure price action and your thought process, but much is left out.

When it comes to trading, the hard facts are especially helpful, and these hard facts are entries and exits, win rates, stats, etc. This is why I'm asking MACD for some specifics about hedging as well because I want to see how the math works in actuality, not just in theory of buy this and sell that and never lose.

In all fairness, much of what you say I like, but then you go back and forth between sometimes showing actual trades, and sometimes showing your thought process on where trades can be placed. You have stops that sometimes were very tight, and other times were 3 times what your profit target was. None of your charts showed trades marked by the platform, and on top of this, not once did you show one trade where you had one of those 5 or 6 ES point losses when all you were going for was 1 or 2 points.

Once again though, its not so much that you're trying to deceive, its just that you're only showing a small part of what you do. A small part or something when it comes to trading is essentially nothing because if one piece is missing, the whole thing falls apart. Not that you're obligated to show anything, but if you're going to attempt to help people by showing your trades that work, you should also be showing trades that don't work, and where and how you take your losses.

There is another poster here who is showing incredible wins, @nakachalet , and at times it seems too good to be true, but at the very least he showed some stats for today which shows a 52% win rate on 17 trades, so this is something that can be believed. (not sure tough why these trades seem to be 1 lots, and when he trades NQ and GC he is showing 10 lots)

https://www.elitetrader.com/et/thre...t-50-win-loss-rate.310888/page-8#post-4483012

You say yourself that someone shouldn't trade like you, for small profits and high risk, so if you're trying to help, but show stuff other people shouldn't do, without backing it up with stats, I'm not sure how helpful that is. I still respect what you are doing, and I certainly do love pure price action and your thought process, but much is left out.

When it comes to trading, the hard facts are especially helpful, and these hard facts are entries and exits, win rates, stats, etc. This is why I'm asking MACD for some specifics about hedging as well because I want to see how the math works in actuality, not just in theory of buy this and sell that and never lose.

Why post this in this thread? How does this apply to me?

 

[MACD]

In all fairness, much of what you say I like, but then you go back and forth between sometimes showing actual trades, and sometimes showing your thought process on where trades can be placed. You have stops that sometimes were very tight, and other times were 3 times what your profit target was. None of your charts showed trades marked by the platform, and on top of this, not once did you show one trade where you had one of those 5 or 6 ES point losses when all you were going for was 1 or 2 points.

Once again though, its not so much that you're trying to deceive, its just that you're only showing a small part of what you do. A small part or something when it comes to trading is essentially nothing because if one piece is missing, the whole thing falls apart. Not that you're obligated to show anything, but if you're going to attempt to help people by showing your trades that work, you should also be showing trades that don't work, and where and how you take your losses.

There is another poster here who is showing incredible wins, @nakachalet , and at times it seems too good to be true, but at the very least he showed some stats for today which shows a 52% win rate on 17 trades, so this is something that can be believed. (not sure tough why these trades seem to be 1 lots, and when he trades NQ and GC he is showing 10 lots)

https://www.elitetrader.com/et/thre...t-50-win-loss-rate.310888/page-8#post-4483012

You say yourself that someone shouldn't trade like you, for small profits and high risk, so if you're trying to help, but show stuff other people shouldn't do, without backing it up with stats, I'm not sure how helpful that is. I still respect what you are doing, and I certainly do love pure price action and your thought process, but much is left out.

When it comes to trading, the hard facts are especially helpful, and these hard facts are entries and exits, win rates, stats, etc. This is why I'm asking MACD for some specifics about hedging as well because I want to see how the math works in actuality, not just in theory of buy this and sell that and never lose.

Why do you post this is here?

 

[MACD]

OK -- enough for now. I will be back soon to post more. If you want to stop this thread then PLEASE tell me. Thanks.

 

[Gotcha]

Why do you post this is here?

Sorry, I was just replying to volpri.

 

[Sprout]

Ok, a price chart, a position statement highlighting Delta and Theta and an options curve.
What are you looking at as the most important aspects when viewing these three things?

I don't really use the greeks. Are we looking for a specific relationship between the numbers? Higher numbers better than lower?

How would one use a Fibonacci tool if they trade on the 5min?

@MACD
My apologies, I thought you wanted some questions. Are there better questions to ask at this point?

 

[MACD]

Ok, a price chart, a position statement highlighting Delta and Theta and an options curve.
What are you looking at as the most important aspects when viewing these three things?

I don't really use the greeks. Are we looking for a specific relationship between the numbers? Higher numbers better than lower?

How would one use a Fibonacci tool if they trade on the 5min?

Will give you a brilliant answer but please wait until later. If you wish you can contact me and I will even give you a one on one on Skype. NO Charge of course. Surprising as it might be, I am the real thing and I am doing this to be of help but cannot except much abuse in the process. Thanks

 

[MACD]

Will give you a brilliant answer but please wait until later. If you wish you can contact me and I will even give you a one on one on Skype. NO Charge of course. Surprising as it might be, I am the real thing and I am doing this to be of help but cannot except much abuse in the process. Thanks

Sprout, my brilliant E.T. acquaintance -- Yes questions do move the thread. Just got back on as I left to take a break earlier and now back on to check all my positions some of which I hold overnight.

No need to trouble about the Greeks. Particularly since your main interest is just trading on a 5 min chart and usually would not be doing longer or more complex trades. Tuesday Morning now -- lots of positions on so must adjust and trade those. Would suggest those who are seriously interested that we find out how to post live charts. E.T. may have a chatroom for that or there are other chat rooms available, If you have a solution for live posting it would be great. That eliminates the need for me to work on my trades and fulfill the obligation to post here. I could show you my Live Charts and still trade. Any suggestions? Perhaps Baron or the moderator may be able to make a suggestion as well?

 

[volpri]

Will give you a brilliant answer but please wait until later. If you wish you can contact me and I will even give you a one on one on Skype. NO Charge of course. Surprising as it might be, I am the real thing and I am doing this to be of help but cannot except much abuse in the process. Thanks

ROFLMAO!

 

[speedo]

ROFLMAO!