YM Traders

Quote from whitster:/porgie

i don't trade "indicators" generally, but i am very comfortable and profitable with (this is a general setup. i have several variations depending ont he particular setup) with 10 pt stop 2 cars, first target 7 pts, second target 11 pts, which is far less than your risk/reward "requirements"

the point is that the risk/reward (points risked/points gained IF successful) has to be suitable for the individual setup's historical win rate AT those stops points.


that's MY style.

ymmv
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Whitster;

Think i know what you mean'10 points,2 cars;
$50 times 2 =$100 total
[not 50 bucks total,$25 times 2 =$50]???????????????????:cool:
 
t day..........yes it is tuesday........i see the apex each time........the apex..........see it and u see the goldmine.........if u can see it in time........that is the goal of every trader if he is serious..........problem is they all look the same.........to me they look like chocolate chip cookies, my very favorite.........staying up until 4:30 am sunday morning studying charts says porgie is not a good trader.....apex is dream........
 
Quote from porgie:

t day..........yes it is tuesday........i see the apex each time........the apex..........see it and u see the goldmine.........if u can see it in time........that is the goal of every trader if he is serious..........problem is they all look the same.........to me they look like chocolate chip cookies, my very favorite.........staying up until 4:30 am sunday morning studying charts says porgie is not a good trader.....apex is dream........
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You think you know.. but you have no idea :)
 
Quote from porgie:/coolweb

t day.........

yes it is tuesday........staying up until 4:30 am sunday morning studying charts says porgie is.....
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T-day?????
well ,YM , ES make did a higher hi & lo as of lunch time.

Youre right about to much work not good;
but would rather overwork[not till 4;30 in mourning],
than be lazy.
:cool:
 
coolweb...........buzz hit the nail on the head........he and his buddy osorico.............porgie is phantom trader..........just a big mouth in the crowd.........don't listen to me and u will go to next level.............is that the next level up or down? is all about having a system you have total confidence in.........not perfect, just excellent will do..........don't throw these 60 % crap systems out here and expect me to believe that is great.......that is failure.........get real............get to work and retract the hand that is held out for alms.........all u will get is hand slapped because mind not receptive..........only trying to slip up on somebody for hand out............most traders here but of course not you cw, the man who did the billion dollar deals in NY city while eating turkey sandwich for lunch, remember.......? :D :(
 
porgie, what makes your post so un-readable?


Quote from porgie:

coolweb...........buzz hit the nail on the head........he and his buddy osorico.............porgie is phantom trader..........just a big mouth in the crowd.........don't listen to me and u will go to next level.............is that the next level up or down? ...
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PURE AND SIMPLE............LACK OF EXPERIENCE......there are many gems in my posts but most are too busy playing here searching for someone to give it all to them.....................occasionally i will give a few but not many are knowledgable enough to understand the simplicity of it.........if u succeed in this business it will be because you finally see the simplicity of it..........i use indicators and other tools........but only price bars are needed to see the same........i know my posts are mostly stupid .....i am not a trader and don't claim to be.......but my systems are great............and simple..........
 
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