I think one big reason a lot of retail people like me struggle for years and most ultimately fail to succeed is because they DON"T have a plan to take profits. Ask yourself if you have a lot of trades where you have a profit but then you give it all ...

Call me Vidvad - I day trade futures

This is definitely my last trade of the day. The only long trade I've taken today. ema's crossed, price and ema's above the 34 ema, first doji pause, used the bar status indicator to precisely set a buy stop at 17179. Another +41 tick profit target ...

Call me Vidvad - I day trade futures

Might be my last trade for today. Short NQ, used the bar status nidcator to set a sell stop at 17135.25, fixed +41 tick profit target was filled for a profit. The low of that move was only 2 points below the take profit. There is nothing wrong with ...

Call me Vidvad - I day trade futures

You might not undertsand the particular perspective from which binnie is managing his tradinng plan, rocky. "We are doing an exercise the goal of which is not profit. We are trading for anew reason. We are going to stay focused in the process of ...

Call me Vidvad - I day trade futures

That is exactly how you should do it. Do a complete sample trial, review, revise, and do your next tial. Once you settle on your rules for a particular trial, stick to the rules until the end of the trial. Then review, revise, repeat. It is THE ...

Call me Vidvad - I day trade futures

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Call me Vidvad - I day trade futures

Now, ask yourself why that is. I have found that what has really helped me is to dig in to what an indicators is, for lack of a better word, "indicating." If an ema of the closes is rising, that tells you that the over that timeframe, the candle ...

Call me Vidvad - I day trade futures

I'm not sure that "space" is a concept or construct you want to introduce hto this method. You should be more concerned with the direction of the ema's, e.g. up slope, down slope, or more or less flat. One of the reasons I ultimately decided to go ...

Call me Vidvad - I day trade futures

Renko and Heiken-Ashi are "timeless" and if you are using them, then length of time in a trade shuld not be a consideration. Price, on the other hand, should and must matter. I'm only doing occasional HOLO trades right now as my schedule allows. ...

Call me Vidvad - I day trade futures

Are you using the bar status indicator by ninza.com by chance? I find it very helpful in that it lets me see at a glance exactly at what price I want to have my buy stop or sell stop to enter a position.

Call me Vidvad - I day trade futures

When I see this three drive patter I'll enter on the close candle below the low of the second pullback, and sometimes I'll enter earlier. image

Call me Vidvad - I day trade futures

Given your trade window, binnie, you'll want to maximize your efficiency during that first hour. The final NYSE hour can be very good. The final hour of trading before the Globex pause can be hit or miss. You'll want to pay attention to things like ...

Call me Vidvad - I day trade futures

Looking forward to your journey, binnie!

Call me Vidvad - I day trade futures

credit to rockypoint as well as without him I'd have never thought to put renko and HA together!

Call me Vidvad - I day trade futures

You probably need to uninstall nijatrader, shut down, and then reload the newest version from the Ninjabroker website. It makes you enter your password to log in each time, and you'll lose any prop firm or sim account data you migh have had saved, ...

Williams%R, SAR X-over 15 minute candles

He put me on ignore yesterday. I guess he didn't want me to comment lol. Commercial spam.

Williams%R, SAR X-over 15 minute candles

And if they are traders, they end of going broke ... image

Call me Vidvad - I day trade futures

No matter where you turn, there they are.

Just learned about hedging, does anyone use it for scalping?

Learning to trade and becoming consistently profitable is work. You can tell the ones who would be better off opening an account with a Sports Book than a trading account straight away.

Williams%R, SAR X-over 15 minute candles

“There’s a lotof delusions of grandeur out there. A lot of people think they can go out there, spend a day and pull $1,000 of gold out of the ground,” Hurd says. “I’ve done that once or twice, and those were really lucky days. I’ve had thousands of ...

Call me Vidvad - I day trade futures