I knew instinctively the need for money management that included taking profits and not just having a stop loss in place for many years. It just made sense to me that if all you did was place a stop loss while leaving profits to chance, you ...

Williams%R, SAR X-over 15 minute candles

It isn't open for debate to be fair. That is the very definition of an edge.

Williams%R, SAR X-over 15 minute candles

I think it isn't helpful to deny that certain market variables exist which can be objectively identified and define an edge. An edge, as Mark Douglas notes, is simply the existence of a set of variables such that when these variables appear, there ...

Williams%R, SAR X-over 15 minute candles

The edge is the strategy. However, most traders lack the ability to trade according to any strat's rules. You are mistaken. You agree with me completely. If you were to go to my journal's recent posts, this is exactly what I have been saying: I can ...

Williams%R, SAR X-over 15 minute candles

I am convinced that the secret to making any method profitable is fixed stop loss, fixed take profit. If you want to trail a stop loss you had better have objectively defined rules to do so and the data to back up that trailing offers sufficient ...

Williams%R, SAR X-over 15 minute candles

If you like the original idea, then you should read the beginning pages of this thread and explore that system. The current method is not better than the original in that the new method is very difficult to understand trade and money management, ...

Williams%R, SAR X-over 15 minute candles

You could probably send a message to admin staff requesting a name change and they might do it for you.

Williams%R, SAR X-over 15 minute candles

Thanks to @moodybot for sharing these links in the Flying Dutchman thread here at FF. Please, fellow FF mates, please do not fall for the garbage that the fake guru industry is trying to sell you. They do not care about you and their material will ...

Call me Vidvad - I day trade futures

From the book, The Man with the $100,000 Breasts, by Michael Konik: Eventually, Leon decided to treat his gambling not as an addiction but a business. "That's what made all the difference. Gambling stopped being fun and it started being a way to ...

Call me Vidvad - I day trade futures

Official roll is Monday 12/16.

Williams%R, SAR X-over 15 minute candles

bluesteele has mentioned the Topstep trader who is known as "Rips." In addition to being one of hte top all-time Topstep earners (he may be the #1 highest earner in Topstep history) he is also a successful high stakes poker player. He will be on ...

Call me Vidvad - I day trade futures

This is probably going to be an unpopular opinion, but it is my opinion nonetheless: There are no end of mathematical edges that will allow one to convert the market into what Mark Douglas calls "a never-ending stream of opportunities by which one ...

Call me Vidvad - I day trade futures

Thanks, Mike. This is an excellent contribution to those of us who one way or another follow the roadmap Laura has set for us.

Roadmap - A Way To Read Markets

Good stuff, blue! Here at FF I fear most of us in the end aren't very good explainers of our current method/system (and I include myself among the "most of us"). That leads to a lot of misunderstanding and miscommunication. Also, even those ...

Call me Vidvad - I day trade futures

I do understand. However, in addition to money management and staying the mental course, I am still interested in the nuts and bolts of using graphs to identify trading opportunities, especially those that differ from my own. This post of yours ...

Williams%R, SAR X-over 15 minute candles

I'm curious as to why you don't post the time and price scale when you post your charts?

Williams%R, SAR X-over 15 minute candles

1) The most important thing in trading is to AVOID TILT, also known as REVENGE TRADING or "OVER TRADING." This is the key to it all. I must become "mindful" of this behavior. I must avoid it completely if possible, however, if I start to rapidly ...

Call me Vidvad - I day trade futures

image This continues the thoughts I started the other day. As a reminder, those thoughts concluded with the following admission to myself, where I acknowledged that though I am net profitable as a trader over the years, I am nonetheless a failed ...

Call me Vidvad - I day trade futures

That short would also have paid off with a 30 point target hit. image I didn't menton the Williams%R in the lower pane. Anyone who is familar with rocky's thread will recognize the 16 period %R from rocky's very first method. At the time I made ...

Call me Vidvad - I day trade futures

I decided not to trade today but I have been watching for the last hour and half or so. I pulled up a rockypoint style template that I had had on my laptop Ninjatrader from way back. Vertical lines indicate trades, color indicates direction. Right ...

Call me Vidvad - I day trade futures