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Question for AHG Traders
- Thread starter vingbel
- Start date
Ya, if the PA cant' pick a side with conviction it usually reflects in my PL and it shows I could not tell my head from my ass, if the swings and reversals are nicely structured I probably took a big chunk of it, if I had to take a wild guess I would say it's safe to say high single digits.
Anek
Anek
Quote from Anekdoten:
Ya, if the PA cant' pick a side with conviction it usually reflects in my PL and it shows I could not tell my head from my ass, if the swings and reversals are nicely structured I probably took a big chunk of it, if I had to take a wild guess I would say it's safe to say high single digits.
Anek
Have you found any obstacles, aside of personal psichology, to steadily increase size?.
I'm told that slippage (market or stop entry) and/or partial fills (limit or stoplimit entry) start occurring at around 80-100 lots in ES. Basically one starts to get filled well when wrong, and light when right.
A nice problem to have one day I hope, but a definite ceiling on growth?.
Quote from shakira:
Have you found any obstacles, aside of personal psichology, to steadily increase size?.
I'm told that slippage (market or stop entry) and/or partial fills (limit or stoplimit entry) start occurring at around 80-100 lots in ES. Basically one starts to get filled well when wrong, and light when right.
A nice problem to have one day I hope, but a definite ceiling on growth?.
The key is to treat the positions as units and earn the right to increase the size of units SLOWLY based on past performance. You grow in trading by increasing size, not by increasing net points so this is imperative for continuous growth.
I found some slippage problems on NQ that's when I had no choice but to go back to ES. ES is a monster, it eats contracts like Godzilla. Unfortunately, I can read volume in NQ easier than ES but that's the price I had to pay.
I rarely begin a position with big size as I like to start small and let the market confirm that I'm betting on the right side of the market, by the time size has increased to significant numbers, I'm already well on the money, and any stop would have the cushion of a winning trade.
Anek
Quote from Anekdoten:
I use Multicharts with the Tradestation feed for major picture analysis and when we get to a critical point I rely on Zenfire as Tradestation sucks in this department.
Price action is price action no matter the chart, here is a sample 5 sec chart of price reacting to a support pivot:
http://i34.tinypic.com/2quiykz.jpg
Anek
Volume Bar Chart is Price Action with an eye on the Volume. It is not pure Price Action. You are using Volume, just not in the traditional histogram format, that's all.
Quote from Anekdoten:
Here's an update to the world of AHG.
The original plan was to pay it forward by presenting AHG 1 in the journal, basic trend following trading, basic money management, basic rules, to give newbies a head start. You can see how I started with a set of tools then ended up with a different working set, lot of evolvement can be witnessed there, I'm far and beyond a different trader from the one that created the journal. As time passed I kept polishing AHG 2.
AHG 2 is new trend hunting trading along with more advanced money management and position management techniques and very little of that was presented in the journal except for basic reversal formations, full disclosure was only provided to hard working AHGers who were 100% dedicated to daytrading, chosen and filtered by me, mostly because the method is superior. An example of such trading can be witnessed in SusanaDT's journal which I personally mentored a few months ago and AHG2 is what I taught her.
AHG 3 is the synergy of both along with some advanced techniques that I never discussed in ET and only shared with the now final group, the hard workers who became good friends over the course of time, a method that is very close to how I trade today.
We have private chat rooms and forums but it's all private since we are now more of a community of trader friends moreso than some trading geek helping traders, they all help each other and I mostly keep them in control.
The basics remain the same, no indicators, small stops, big targets, trend analysis on multiple time frames and zero snake oil sold or purchased.
Anek
Anek,
there is an AHG 2 and AHG 3? I have read about 520 pages of AHG 1 and will be finishing it in a week or so. But now it seems like there will still be something missing since I will not have access to part 2 and 3and is kind of discouraging. why did you say access denied to 2(except susana's post) and 3?
even if i implement AHG 1, I will never be able to improve AHG. I want to read or be a part of 2 and 3. I am fully dedicated and I want to improve.
Quote from ggoyal:
Anek,
there is an AHG 2 and AHG 3? I have read about 520 pages of AHG 1 and will be finishing it in a week or so. But now it seems like there will still be something missing since I will not have access to part 2 and 3and is kind of discouraging. why did you say access denied to 2(except susana's post) and 3?
even if i implement AHG 1, I will never be able to improve AHG. I want to read or be a part of 2 and 3. I am fully dedicated and I want to improve.
another thing. so as i read AHG from now on, if people are no longer follwing the "obsolete" version, that almost makes what I have read so far a waste since I can not see or be a part of 2 and 3. I know the basics of PA will be the same, but it's just kindof discouraging.
I really want to be a part of 3(and 2)