Why do people use Volume, Range and Tic charts?

[ProfLogic]

Quote from K-Rock:

Proflogic,

I have been following one of your student's blog for over six months, unfortunately he is not doing too well with your method:


http://futures-trading.blogspot.com/

I hope you help the guy get profitable.

James is a great guy with a wonderful family but has fallen into the same rut as most by limiting himself to trading a single chopping intraday market. I teach a "Buffet" mentality when trading where you pick the best trade set up from a variety of markets such as the block of eMini's. Or trading from a set of intraday AND Swing charts. One can never force trades in a single market due to desperation. It doesn't work. I am always available to assist all of my students but if they do not ask for a hand I can not offer it.
K-Rock, I appreciate the heads up and the hand was extended. Now I hope he grabs on.

 

[JimmyJam]

Quote from K-Rock:

Proflogic,

I have been following one of your student's blog for over six months, unfortunately he is not doing too well with your method:


http://futures-trading.blogspot.com/

I hope you help the guy get profitable.

That's good information K-Rock ... when I'm done reading one of the many flame wars around here, I'l give it a study.

How are you tracking his performance?

JJ

 

[K-Rock]

When you start to read his blog it's all there (every trade).

Quote from JimmyJam:

That's good information K-Rock ... when I'm done reading one of the many flame wars around here, I'l give it a study.

How are you tracking his performance?

JJ

 

[marketsurfer]

Quote from ProfLogic:

James is a great guy with a wonderful family but has fallen into the same rut as most by limiting himself to trading a single chopping intraday market. I teach a "Buffet" mentality when trading where you pick the best trade set up from a variety of markets such as the block of eMini's. Or trading from a set of intraday AND Swing charts. One can never force trades in a single market due to desperation. It doesn't work. I am always

whats the minimum capital requirement to properly trade your system, spread across all these markets??

surf

 

[marketsurfer]

Quote from K-Rock:

Proflogic,

I have been following one of your student's blog for over six months, unfortunately he is not doing too well with your method:


http://futures-trading.blogspot.com/

I hope you help the guy get profitable.

hmmm. if you look at the ES chart provided by the prof.--they practically catch every move. perhaps hindsight has something to do with it?? ----- thanks, k rock

surf

 

[ProfLogic]

Quote from marketsurfer:

whats the minimum capital requirement to properly trade your system, spread across all these markets??

surf

Whatever the typical minium margin is per contract for each market.

 

[ProfLogic]

Quote from marketsurfer:

hmmm. if you look at the ES chart provided by the prof.--they practically catch every move. perhaps hindsight has something to do with it?? ----- thanks, k rock

surf

I'm curious how over the last year, July 14, 2006 until yesterday that you are a hair over 30% winning trades in your YM trades in your "Surf Journal"? Not only are you just over 30% winning trades but must have negative profits after commissions seeing that your point total is less than 100 points for that same period?

I mean for someone that spouts off about flipping a coin it seems you can't even accomplish that successfully. Such consistency makes you neither an expert nor gives you even a bit of credibility to question anyones methods or system. Let alone make snide remarks about them.

 

[marketsurfer]

Quote from ProfLogic:



I mean for someone that spouts off about flipping a coin it seems you can't even accomplish that successfully. Such consistency makes you neither an expert nor gives you even a bit of credibility to question anyones methods or system. Let alone make snide remarks about them.

the vig is not much of a factor in my trading, as im not a daytrader or scalper.

i don't claim perfection or a perfect system--im a speculator.

you provide charts depicting perfect or near perfect entries and exits based on some type of "oscilations" in a "non variable" environment.

those who make the these types of fanciful claims need to be able to back them up. that's the one and only issue here.

regards,
surf

 

[marketsurfer]

Quote from ProfLogic:

Whatever the typical minium margin is per contract for each market.

how many markets do you recomend someone trade when trading the "logical method". i seem to recall you stating that you trade 50 plus markets daily??

surf

 

[ProfLogic]

Quote from marketsurfer:

how many markets do you recomend someone trade when trading the "logical method". i seem to recall you stating that you trade 50 plus markets daily??

surf

Do you ever quote anyone accurately?

I have stated repeatedly that I used to watch over 60 markets but in the last 4 months backed that down to 44. The average trader should monitor around 7 to 10 markets each day and pick the best trade set ups from that mix. I personally recommend; eMini DOW, Electronic US Bonds, eMini Crude, eMini GOLD, eCorn, eWheat & eSoybeans, Euro FX, eMini S&P & the QQQ in that order. This gives a trader the best opportunities to pick the trades with the least risk and best opportunity for maximum profit. This also gives a trader the ability to limit stress and exercise sound money management.