1 I understood you. But if I am going to turn you into a trader, you are going to have to talk like one. Timing, as used by traders, refers to judging market conditions as being appropriate for entering and exiting the market. You are currently ...

Sonic R. System

I almost never stray from Sonic's thread when I am here at FF, and I do not know what made me wander in here this evening. But I like to think that God wanted me to read this post. Great share, great wisdom, great attitude, and of course, a great ...

james16 Chart Thread

Then I have my work cut out for me. First, we need to be precise with our terms so as to make sure we are speaking with each other and not simply at one another: Timing refers specifically to how one decides the criteria for entering and ...

Sonic R. System

ott is right, TAH - it has nothing to do with the time. It has more to do with a very common problem among traders called "overtrading." The truth of the matter is that good, solid, high probability SOnicR set ups do not happen everyday. We must ...

Sonic R. System

Get over yourself, dude - no one hates you. But your attitude toward others could use some more positive thinking. Have a good weekend, and come back happy to see us on Monday, ok?

Sonic R. System

First, I no longer day trade on purpose. Sometimes I enter a trade and I am stopped out the same day, but that is not the saame thing as a "day trade." I primarily swing trade and position trade - anywhere from 3-5 days to 3-5 months. But, as you ...

Sonic R. System

Are you asking about my SonicD (daily TF pyramid trades), or SOnicR day trading?

Sonic R. System

Close it! Don't kick yourself. Don't hope for a reversal of fortune. Do not add loser upon loser. Close it and move on. Let's move on together, TAH. -ddaytrader

Sonic R. System

There is another alternative - close your losers before the close today, start the weekend and next week with fresh eyes. Sonic's post above, I would bet, was intended in no small part for you, our Sonic partner. The phrase he paraphrased, I ...

Sonic R. System

With pure SonicR, there should be no EP2, unless it is adding to an already profitable position. You continue to add to your losers! In general, I consider it to be of no one's business what size any of us is trading. But TAH, if you are going to ...

Sonic R. System

TAH, you have done so very much for Sonic, SonicR, and all of us Sonikers. It is now time for us to do something for you: I pledge, here and now, to do everything I can to help you achieve your goal of trading pure SonicR. I want all other Sonikers ...

Sonic R. System

I do not use a take profit strategy very often. I make consecutive EP's as the trend moves in my favor, and I will typically trail my stop at the level of the penultimate EP. I will show my strategy here on the EU going forward, and it will become ...

Sonic R. System

The Fed has announced that they will extend the post-crisis currency swap arrangement through August 2012, which is designed to help create a lower USD in support of the EUR, so that Europe can (hopefully) work through its debt problems. The lower ...

Sonic R. System

A keeper, for sure ... ddaytrader, forever humble to the market

Sonic R. System

Enforcer? Nah ... I'm more like the safety patrol - you know, "Stop, Look, & Listen" - I'm here to help, not bust heads! -ddaytrader "before you trade, decide on your STOP loss, LOOK for the waves, & LISTEN to you trading plan."

Sonic R. System

Domas! ddaytrader

Sonic R. System

I urge RESPECT to TAH! TAH has been and continues to be a tremendous asset to this thread. I know of no one who has given so generously of his time and talents in providing programming and coding skills to compile and edit and update our MT4 Sonic ...

Sonic R. System

Hi kimis, Yes, you have a good eye! Take a look at my post just below yours (I was typing that and did not see your post). A short entry could still be signalled - there are still eight hours of trading to go before 5PM Eastern time. No signal, long ...

Sonic R. System

A trading plan should be based upon "If ... Then" with regard to Price. If PRICE does X, then I will do Y trade." The only thing we can truly learn to read is price. And of course, a positive close above the DTF dragon will have me looking primarily ...

Sonic R. System

Without knowing the size of each of TAH's entries, we cannot know whether it is a profit or not. If each entry was the same size, then it is far from breaking even, let alone a profit. For an "averaging losers" strategy to work temporarily (and any ...

Sonic R. System