n/a

[vanzandt]

Feel free to ask questions

1. Price action and trade management is everything. Talking head commentary is bullshit.

2. Chart patterns are far less important than you'd think.

3. Successful trading is grinding alot of small trades vs swinging size.

4. Always keep TIGHT STOPS

5. See Rule #4

6. Your personal path will be unique, don't copy just one approach.

7. Pay a lot more attention to market internals $TRIN $VIX plus time of day

8. Winning trades usually feel late to enter, early to exit.

9. Start small then scale, like I did today..
View attachment 223240
View attachment 223242

10. Throw a lot of small darts and see what sticks, eg I start most trades 10-50shares and martingale in up to 500 max

11. Trade wide range clean charts vs choppy fuzzy low odds charts

More coming...

See also http://technical.traders.com/archive/combo/display5.asp?author=Ken Calhoun

Hmmm.
Tbh imo, coming out green on a day like today, is the mark of a pro.
Yeah, $800 x 250 trading days is like $200K/year.... I guess that's not a lot for some here... and thats not a shot at you Clubber.... but what I have found, and I have a few years in this game too as a rote amateur, but I have seen a lot... its times like these that wipe people out. So yes, $700-$800 is peanuts for a big player I guess, but I suspect these types make their real money when things have calmed down. That's antithetical af I know. But to generate giant returns right now.... is a f'ing fool's game imo. No one knows what these markets are gonna do right now from hour to hour. To put big money on the line.... is just being a fucking idiot. Its Russian roulette. Anyone who says otherwise is a fool. This is coming from someone who thought they had it beat and were wiped out overnight in 2008. Different crisis, same game. That said, buy and hold on certain stocks.... the right stocks, will pay off handsomely.

Slow and steady wins the race. You go Calhooun.

 

[FTDK]

The approach of "printing cash" even figurately speaking, is not a professional approach. I think you missed the point, because the size of the trades was reasonable to the risk and reward.

At times like this when the markets have erased most people's IRA and 401K, even the pros should reduce size.

This is my opinion: There is healthy volatility that traders could potentially operate in. What we experienced in the last month was unprecedented, and when the VIX is at the levels that it is at, whoever is reducing the size of their trades is doing the right thing. Period.

I completely agree.

The ones who do not scale down in volatile markets like these are the ones who make a giant gain the one day and blow their entire account the next day.

 

[RRY16]

Feel free to ask questions

1. Price action and trade management is everything. Talking head commentary is bullshit.

2. Chart patterns are far less important than you'd think.

3. Successful trading is grinding alot of small trades vs swinging size.

4. Always keep TIGHT STOPS

5. See Rule #4

6. Your personal path will be unique, don't copy just one approach.

7. Pay a lot more attention to market internals $TRIN $VIX plus time of day

8. Winning trades usually feel late to enter, early to exit.

9. Start small then scale, like I did today..
View attachment 223240
View attachment 223242

10. Throw a lot of small darts and see what sticks, eg I start most trades 10-50shares and martingale in up to 500 max

11. Trade wide range clean charts vs choppy fuzzy low odds charts

More coming...

See also http://technical.traders.com/archive/combo/display5.asp?author=Ken Calhoun

#10 should only be used in a bar a half hr before closing not in trading....10-50 shares?

 

[vincentnyc]

Hi, it's disappointing to see nothing but venom from you folks when I'm trying to help others learn.

Why all the negativity towards me? I'm a UCLA grad, honest educator, #1 readers choice winner TASC 2018 and popular Moneyshow speaker. Sheesh.

But you won't intimidate me because I have the TRUTH on my side, I'm transparent and honest. You should be ashamed of your hatorade. Sheesh ur a tough crowd. Morons

I'm not going anywhere, princesses. I'll just keep posting my real money PnLs regularly, and the world will see a) me showing actual trades, both wins and stops, VS b) impotent et troll ladies spewing bs and realize the truth of the situation. So bite me

Takes so much courage to anonymously troll on a forum. If ur a pussy lol. Bring it. You might be able to intimidate others, I eat little dck bullies for lunch. Ive been popular on forums since bbs dialup modem days. Ur outcompeted kittens

I posted my P&L / trades in my journal where tf is YOURS? Oh crickets chirp cuz u wannabe et posers don't trade successfully. Piss off, wankers.

People who live in glass houses shouldn't throw stones. Unless they're et snowflake trolls who never post live real pnls because they're either losing traders or don't even trade at all. Show current real money P&Ls outdoing mine, or step the fck off .

#truth hurts
#ieatrollbiatches4dinner

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Can you let me know where you put your stop loss for some of your tickers like tvix, sdow, spxs, sqqq, jdst, and soxs? I traded between spxl and spxs all day today. I was up over $120 at point during the day and then made one bad move and gave some back and ended up with $34 for the day.

 

[vanzandt]

#10 should only be used in a bar a half hr before closing not in trading....10-50 shares?

2 hrs is better. Just buy em liquor.

 

[DevBru]

Feel free to ask questions

1. Price action and trade management is everything. Talking head commentary is bullshit.

2. Chart patterns are far less important than you'd think.

3. Successful trading is grinding alot of small trades vs swinging size.

4. Always keep TIGHT STOPS

5. See Rule #4

6. Your personal path will be unique, don't copy just one approach.

7. Pay a lot more attention to market internals $TRIN $VIX plus time of day

8. Winning trades usually feel late to enter, early to exit.

9. Start small then scale, like I did today..
View attachment 223240
View attachment 223242

10. Throw a lot of small darts and see what sticks, eg I start most trades 10-50shares and martingale in up to 500 max

11. Trade wide range clean charts vs choppy fuzzy low odds charts

12. Optional... being a badass musician helps with timing skills. Here's my sax skills

More coming...

See also http://technical.traders.com/archive/combo/display5.asp?author=Ken Calhoun

Thanks for your input on this forum sir, great to see there are still people here who are honest and helpful like yourself.

Ignore the trolls, they have nothing better to do from their moms basement.

3 questions for you if you don't mind:

1. Can you give an example of what you see as a good price action signal?

2. Can you give an example of how to use $TRIN in day trading or explain how it could be beneficial for trading stocks and or index futures as a day trader?

3. You also mention watching time of day, by that do you mean to avoid certain times of the day like for example lunch period or do am i missing your point?

 

[fan27]

Hi, it's disappointing to see nothing but venom from you folks when I'm trying to help others learn.

Why all the negativity towards me? I'm a UCLA grad, honest educator, #1 readers choice winner TASC 2018 and popular Moneyshow speaker. Sheesh.

But you won't intimidate me because I have the TRUTH on my side, I'm transparent and honest. You should be ashamed of your hatorade. Sheesh ur a tough crowd. Morons

I'm not going anywhere, princesses. I'll just keep posting my real money PnLs regularly, and the world will see a) me showing actual trades, both wins and stops, VS b) impotent et troll ladies spewing bs and realize the truth of the situation. So bite me

Takes so much courage to anonymously troll on a forum. If ur a pussy lol. Bring it. You might be able to intimidate others, I eat little dck bullies for lunch. Ive been popular on forums since bbs dialup modem days. Ur outcompeted kittens

I posted my P&L / trades in my journal where tf is YOURS? Oh crickets chirp cuz u wannabe et posers don't trade successfully. Piss off, wankers.

People who live in glass houses shouldn't throw stones. Unless they're et snowflake trolls who never post live real pnls because they're either losing traders or don't even trade at all. Show current real money P&Ls outdoing mine, or step the fck off .

#truth hurts
#ieatrollbiatches4dinner

View attachment 223256 View attachment 223257

Relax Ken. @Clubber Lang's post was hardly "venomous" and he does bring up some valid points. Volatility aside, by your own admission in your journal you have issues with putting on size in your relation to your capital and experience. I think the treatment you have received on this site has been very fair.

 

[KCalhoun]

Ok I'm calming down now lol, great questions just now, thx. I'm on edge freaking out over the fcking virus threat. Will answer all questions asap

 

[birdman]

Feel free to ask questions

Mr. Calhoun, i like your top 11 trading rules. I don't often scale in, but your top 11 rule list looks solid to me. I always enjoy your post and appreciate your willingness to help others. By looking at your website, it's clear you love what you do. I like it when a person gives them-self to their work, their craft or whatever endeavor they are pursuing. A wise guy once told me to find a job you like so much you can't wait for the sun to rise, so you can do it all over again.

I was green $512 today. I have a $500 goal per day and almost always reach it in 30 minutes or an hour, with my hold times usually under 60 seconds. I always stop when i hit my goal.

Say, I've a lot to learn on intraday, and since you did say ... "feel free to ask questions" ...

Mr. Calhoun, for your style of trading (on intraday trades) regarding the use and observation of moving averages ... commenting about those moving averages ... what statement would you make about them ... Every entry must have an absolute. If this, then that.

Or said another way, which moving averages (if any) must be sloping up (on a 1 minute chart) before you go long?

 

[Hotcakes]

Hi, it's disappointing to see nothing but venom from you folks when I'm trying to help others learn.

Why all the negativity towards me? I'm a UCLA grad, honest educator, #1 readers choice winner TASC 2018 and popular Moneyshow speaker. Sheesh.

But you won't intimidate me because I have the TRUTH on my side, I'm transparent and honest. You should be ashamed of your hatorade. Sheesh ur a tough crowd. Morons

I'm not going anywhere, princesses. I'll just keep posting my real money PnLs regularly, and the world will see a) me showing actual trades, both wins and stops, VS b) impotent et troll ladies spewing bs and realize the truth of the situation. So bite me

Takes so much courage to anonymously troll on a forum. If ur a pussy lol. Bring it. You might be able to intimidate others, I eat little dck bullies for lunch. Ive been popular on forums since bbs dialup modem days. Ur outcompeted kittens

I posted my P&L / trades in my journal where tf is YOURS? Oh crickets chirp cuz u wannabe et posers don't trade successfully. Piss off, wankers.

People who live in glass houses shouldn't throw stones. Unless they're et snowflake trolls who never post live real pnls because they're either losing traders or don't even trade at all. Show current real money P&Ls outdoing mine, or step the fck off .

#truth hurts
#ieatrollbiatches4dinner

View attachment 223256 View attachment 223257

Thanks for posting !!! This is wonderful. A REAL TRADER WHO MADE IT.... . PLEASE CONTINUE TO POST. Anyone can just add more with the trend.....