Random Rants and All the other Goodies 2 - No, not a Gann journal...
- Thread starter WDGann
- Start date
He he he... actually Commisso hasn't been himself lately... LOL...
I hope to be un-me too... LOL...
Well, still trading and scalping without the chat... Reason why is Nitro Meter is too powerful to ignore...
I need to scalp without any intermission...
Journal coming... after trading... well, maybe it might come later...
963... Where do you live at?
I hope to be un-me too... LOL...
Well, still trading and scalping without the chat... Reason why is Nitro Meter is too powerful to ignore...
I need to scalp without any intermission...
Journal coming... after trading... well, maybe it might come later...
963... Where do you live at?
Piker,
Are you still harboring resentment toward me because I don't have an objective methodical way for you to profit from the markets???
I am sorry kay, but I can only make one person a day happy and today was not your day --- tommorrow is not looking good for you either...
Now if that is not good enough for you Piker than I only have one more thing to offer you ----- lick the crevis between my nuts and my fat dick
:eek: 
Huh... Objective Methodical Way... Meaning like an edge or some technical stuff...
To be honest, I feel I don't have one too. Well, charts are just a condensed TOS into a bunch of lines. I use Gann but it's still a bunch of lines on top of the bunch of lines. I don't see that there is any objective methodical way in it, in itself. It's just lines on paper or on the screen...
These days, I don't really see a strong objective in my trading too. I'm just trying to execute well based on my analysis of the market. That's my objective when I'm trading. Well, I do analyze the market but I do it understand where the market has gone and where it is willing to goto. I let the market tell me the story, it's just that I use charts and Gann as my communicating language.
It's not really about "Monetary" objective, as I'm sure many people will object to. It's about trading well based on the market.
Think about it... if my objective was money, then where does the market fit into??? If you don't agree, then time to re-evaluate what the market is for you...
Hmm... I'm starting to notice quite a few Gann traders or Gann based traders, popping in and out of this forum these days.
When I first came to this site, only person I noticed was surf and Sarasota.
Where did all these people come from???
Or are they just beginners trying to be a Gann trader like surf???
Hrmm...???
If some of you using Gann are reading this would you mind, telling me how much you understand, (like what % of Gann's material you understand) and how long you've done it... Thanks in advance... PM is fine too (I won't post any on here... LOL... maybe a thought based it... )
When I first came to this site, only person I noticed was surf and Sarasota.
Where did all these people come from???
Or are they just beginners trying to be a Gann trader like surf???
Hrmm...???
If some of you using Gann are reading this would you mind, telling me how much you understand, (like what % of Gann's material you understand) and how long you've done it... Thanks in advance... PM is fine too (I won't post any on here... LOL... maybe a thought based it...
)
"It's not really about "Monetary" objective, as I'm sure many people will object to. It's about trading well based on the market."
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WD My favorite measurement tool is to plot the best entry and exit possible after the signal/decision point and compare it to the actual. In my spreadsheet zero would be the best possible execution. You could look at it like a "time-limited excursion" level.
You must define your entry/exit rules and time limits to enter after your signal, based on your type of trading ....like time frame responsiveness or statistical probability of the entry/exit going your way immediately. You can adjust this by what time slice you are evaluating also.
If I am entering long then the low within the first half hour after signal.....and vice versa for short. I scale in my entries and exits and try to achieve progressively improving price entries and exits.
This tells you, as an executor, if you are doing a good job or not. You can always measure against the best possible result that you could have possibly achieved based on the market, instead of competing with profits. You can still feel good about your trading day if you executed well. Now, if you are not profitable that might have something to do with your signal
WD I know you know how to trade, but I thought this contribution to the thread would elaborate on your point of being satisfied about good trading.
Michael B.
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WD My favorite measurement tool is to plot the best entry and exit possible after the signal/decision point and compare it to the actual. In my spreadsheet zero would be the best possible execution. You could look at it like a "time-limited excursion" level.
You must define your entry/exit rules and time limits to enter after your signal, based on your type of trading ....like time frame responsiveness or statistical probability of the entry/exit going your way immediately. You can adjust this by what time slice you are evaluating also.
If I am entering long then the low within the first half hour after signal.....and vice versa for short. I scale in my entries and exits and try to achieve progressively improving price entries and exits.
This tells you, as an executor, if you are doing a good job or not. You can always measure against the best possible result that you could have possibly achieved based on the market, instead of competing with profits. You can still feel good about your trading day if you executed well. Now, if you are not profitable that might have something to do with your signal
WD I know you know how to trade, but I thought this contribution to the thread would elaborate on your point of being satisfied about good trading.
Michael B.
Quote from WDGann:
Hmm... I'm starting to notice quite a few Gann traders or Gann based traders, popping in and out of this forum these days.
When I first came to this site, only person I noticed was surf and Sarasota.
Where did all these people come from???
Or are they just beginners trying to be a Gann trader like surf???
Hrmm...???
If some of you using Gann are reading this would you mind, telling me how much you understand, (like what % of Gann's material you understand) and how long you've done it... Thanks in advance... PM is fine too (I won't post any on here... LOL... maybe a thought based it...
I have read most everything I could get my hands on - aside from the common sense guidelines, I understood very little. However I am quite interested in the square of nine. I keep my own either up from major bottoms, or down from major tops, and am always amazed at how the major Cardinal points act as support resistance. An example would be today's ES low of 832...exactly 180 degrees from the high of 937 - to the penny! I wish I understood enough to have the faith to trade it!