You're a POS and a fraud. I offered to let you view the account after-hours and my name is plastered all over the account. So many excuses...
Is day trading worth it?
- Thread starter Laissez Faire
- Start date
You're a POS and a fraud. I offered to let you view the account after-hours and my name is plastered all over the account. So many excuses...
Is being uninterested an excuse? Okay.
Absolutely. You're keenly interested in other people wagering as long as you're no party to proving anything.
Like I said . . .
The symmetrical triangle pattern breakout is based on price breaking one of two converging trend lines.
I use those little symmetrical triangles on the 1-min chart to assist me with precision entries because I have a fairly small max risk per trade.
But my main trading chart, the one that gives me the big picture, is the 5-min chart. The trend lines I draw there appear on my 1-min chart where I take my precision entries.
Here is how a setup based on the 5-min trend line looks at the hard right edge of the 1-min chart.
I use those little symmetrical triangles on the 1-min chart to assist me with precision entries because I have a fairly small max risk per trade.
But my main trading chart, the one that gives me the big picture, is the 5-min chart. The trend lines I draw there appear on my 1-min chart where I take my precision entries.
Here is how a setup based on the 5-min trend line looks at the hard right edge of the 1-min chart.
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I think I have contributed my fair share to thins nonsense, there is no constructive dialoge here, is only a bunch of mentally troubled people showing their dislike for Db for whatever reason they think they might have against him.
If you are looking for a way to become a better trader as Green stated, the SLA is a very good way to start, not because it has "THE METHOD" but because Db has laid out the whole process for you to be able to do it on your own, with the methodology Db has described regarding trading plan building, not only can you trade the SLA way (Which is profitable, period), but you can also create some stuff of your own. You can even apply Dbs plan building guide to MAXOs and whatever (not sure that he aproves that
or that you need it )
So if you are Reading this, and you are not one of the trolls who is commited to bully on Db or anyone who befriends him, make up your mind and start working on your trading plan, you wont make it as a trader trying to follow a guru, you have to do it on your own.
BTW, this is the last time I visit this thread, is mind consuming and full of anger (not very Zen). So dont bother in replying here as I wont read it.
Take care everyone and happy trading.
If you are looking for a way to become a better trader as Green stated, the SLA is a very good way to start, not because it has "THE METHOD" but because Db has laid out the whole process for you to be able to do it on your own, with the methodology Db has described regarding trading plan building, not only can you trade the SLA way (Which is profitable, period), but you can also create some stuff of your own. You can even apply Dbs plan building guide to MAXOs and whatever (not sure that he aproves that
or that you need it )So if you are Reading this, and you are not one of the trolls who is commited to bully on Db or anyone who befriends him, make up your mind and start working on your trading plan, you wont make it as a trader trying to follow a guru, you have to do it on your own.
BTW, this is the last time I visit this thread, is mind consuming and full of anger (not very Zen). So dont bother in replying here as I wont read it.
Take care everyone and happy trading.
"Let your winners run" is the conventional trading wisdom. But when a trade exceeds your minimum profit target level, how do you know how far to let it run?
My 5-min chart gives me plenty of back story to know that if the initial LTL breakout low breaks on the second visit (who knows, it may hold as support and then I'll scratch the trade for a small loss), then there's the opening low near 3560 as a next target in line, and there's a measured move target in the mid 3550's.
It looks real pretty on the chart after the fact. In real time, I can't see what's going to happen next, but I've calculated the number of points from the 3601 high to the 3574 low at 01:20 ET and I subtract the 27 points from the 3582.75 swing high prior to the LTL breakout to get the MM target zone around 3555.
My 5-min chart gives me plenty of back story to know that if the initial LTL breakout low breaks on the second visit (who knows, it may hold as support and then I'll scratch the trade for a small loss), then there's the opening low near 3560 as a next target in line, and there's a measured move target in the mid 3550's.
It looks real pretty on the chart after the fact. In real time, I can't see what's going to happen next, but I've calculated the number of points from the 3601 high to the 3574 low at 01:20 ET and I subtract the 27 points from the 3582.75 swing high prior to the LTL breakout to get the MM target zone around 3555.
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I'm confused? Are you sure you are posting in the right thread? What you've posted has nothing to do with calling someone out or screaming about trading sheets? Please keep this thread on point in the future.
EDIT - just read Niko's point and I'm unsubscribing...
I've been demonstrating via hard right edge illustrations how day trading can be worth it once you learn to trade the clean edges.
