You're right. I've tried ot for periods of weeks now and then but it never works longer than a week (if that) for me. I am trialling 30 min bar trend-following with ladder / pyramid trades and its a lot more consistent and less risky (and less work).
Intraday Trend Following
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You're right. I've tried ot for periods of weeks now and then but it never works longer than a week (if that) for me. I am trialling 30 min bar trend-following with ladder / pyramid trades and its a lot more consistent and less risky (and less work).
thank god for that.
if everyone agreed on direction there would be no market
Thank God, I made some money on the way down. I hope you're doing the same on the way up.
Oh, we do have one thing in common. My trading is quite similar to Brooks', hence if you follow his way of trading we might find a lot in common.
I don't trade US markets
I scalp audusd.
and though I did get some good stuff from Brooks my scalping has got nothing to do with Brooks
I just use the stuff I learnt from trading 5 min for 13 years......
I am where I want to be and have finally stopped studying.
I do not have losing trades any more.
i know 99.99% of traders believe it is impossible not to have losing trades but I always believed zero error was possible and have achieved it.
you guys will not believe it but I did not do it for you
I did it for the money.
I scalp audusd.
and though I did get some good stuff from Brooks my scalping has got nothing to do with Brooks
I just use the stuff I learnt from trading 5 min for 13 years......
I am where I want to be and have finally stopped studying.
I do not have losing trades any more.
i know 99.99% of traders believe it is impossible not to have losing trades but I always believed zero error was possible and have achieved it.
you guys will not believe it but I did not do it for you
I did it for the money.
I should have known better. Time to wear the tinfoil hat again to shield me against your utter $%#=/<! (encoded for your sensitive ears). Happy trading nonetheless.
interesting
you think an error free trading is not possible.
I always believed it was.
I never believed that markets were random.
markets should and does make a lot of sense.
if you look at it the right way.
but all the 'wisdom' in the markets points you in the wrong direction complicating the simple rational of markets
you have to understand who is stronger the bull and bear and the area in which they are stronger.
once you think in terms of moving averages pivots support resistance you introduce multicollinearity which is the needless addition of analytics which because they are derived from price ,add nothing new but only serve to hide and complicate the simple relation between the buyers and sellers.
unfortunately I cannot explain it in more useful way since it is perhaps abstract but suffice to say that if you are losing do try to think differently
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ironically while it is common belief that up moves strengthen the bull, it is the bear that is strengthened by a bull charge
I opened a second trading account as an IRA, for the purpose of short-term futures trading. I'll be allocating a small portion of another IRA to this second account, which will nearly equal the current balance on the standard account. I'll be trading the exact same strategy on both accounts.
The platform chart trading features only allow order management for one account, so there will now be two chart windows (one for each account), and two account profiles in the very bottom window, with the standard account on top and IRA on bottom respectively. Once the funds clear sometime this month, the second account will go live.
The platform chart trading features only allow order management for one account, so there will now be two chart windows (one for each account), and two account profiles in the very bottom window, with the standard account on top and IRA on bottom respectively. Once the funds clear sometime this month, the second account will go live.