Quote from macal425:
I agree 100% with this. While trading at specific times will instill some discipline to ones trading, I do not believe that Walters times have any significance whatsoever. You could pick any random time of the day during market hours and get a 'significant' move of 1.5 es pts or more starting within a 10-20minute envelope of that time.
First of all trading times were done for Nasdaq100 this week. If you believe that you can pick any random time and wait for your set up to give you a signal and be profitable , why don't you try it and put your money on it?
It is easy to then come back 2 hours later and say this is what you should have done during that time period. IMHO, this is no different than the chatroom vendors who call a trade entry then at the end of the day look to see what the best outcome of that t
trade would have been and post that as their trade.
First of all , Trading times are posted one day ahead and everybody can do their own analysis trade by trade .
Second of all I am not a vendor There is no trade called by me. just Trading Times where probability of being on the right side is over 80%
If you even looked at one chart and compared your method of entry ( providing that you have decent one ) with Trading Times you would find that
1/ win/loss % is over 80%
2/you cut your time in front of the screen by 50 %
3/your stress level is down .
Walter
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