Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Favorite Futures: EMD, 6J, ZB
Posts: 798 since Oct 2009
Thanks: 216 given,
it appears highly disrespectful, your comments, and disposition, as expressed in the above quoted comment
Charles, doesn't have to prove or display anything, to anyone, at anytime, nor do you, nor do I
In fact, have you taken time to clearly explain your approach?, or does it get easy to throw dispersion from the free seats?, as your comments demand.
If in fact Charles were a charlitan hawking some paid system for some monthly subscription, perhaps your demands, made in a private, not public manner might be appropriate, barely
but for someone to have garnished the appreciation of most participants and readers of this thread to now garnish such disregard (to put it mildly) lacks reason. Perhaps you have or can find another thread that might respond to your demands, what with the subscription fee and the buy-in having been so expensive...
oh, exactly how much was charged?, to learn this method that he has clearly outlined on this thread?
oh, exactly how much was asked to be paid, just to participate in this newly formed room?
oh, exactly how much was demanded for the combination and adjustments to the free indicators, just to get started?
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Kronster the kronie, i neither follow your brash and angered retaliation of my post nor does your overall statement follow my sentiment. Nor is should you be evoking such personal feelings and resentment.
I fully appreciate the candidness of charles and his great system and we are quite fortunate to have him offer his knowledge, experience and free service for us all to test it out in real time as the market moves via his trading room, which serves as a great way to see how his method in reality works. I am cheering for him and the method.
My post or comment demands nothing from him. If it did demand anything then no one is subject to fulfill anything. Like if I 'demand' one million dollars from you--so what it's a demand that you will easily ignore. Furthermore, I feel if, as traders, we are highly bothered by someone's comments and are quick to defend and cause such internal anxiety then perhaps such lack of discipline does not behoove the profession of trading. Because if the market slams you down a little what you gonna do--fight back and revenge trade?
This thread has explained my method over & again. I have now taken the education to another level by offerring you a free trading room where you can see me trade and comment on the live right edge of the market.
If you wish to attend tomorrow 7/13 click this link below to register. If you are unable to attend and still have questions please feel free to post them here in the thread as I check it regularly for that very reason. All questions are answered in both places the room, and this thread
By clicking the link you agree and consent that this room is for educational and training purposes only and is not used for trading advice or recommendations. You are solely responsible for any trades you take in your account and the risk involved in doing so
Today's pa wasn't all that conducive to big profits imo. But I think the chop areas and trend areas where clearly defined by the rules today.
Since I've been trading this method, I've come up with 2 mechanical ways to exit my trade. Both of these methods have in common the goal to get my stop to BE+1 ASAP using the SuperTrend. Once this happens, the management then changes for each of these.
Each method is different. Method 1 is faster, and is less likely to achieve the full target, but will also have more trades with profit somewhere between BE+1 and 21 tics. Method 2 is a bit slower, and is more likely to have more BE+1, but will achieve the full profit target more often.
I've been having some pretty good days, but I have been cheating myself by mixing the two at random. I went back and checked the last 2 weeks of trading, and I would have been better served by simply picking Method 1 or Method 2 (I have these in another sheet I am still putting together). What is happening is that I am more or less averaging in the worst results of the two exit methods into my trades.
Here is how yesterday and today would have played out. The column titled "Today" and "Yesterday" are the actual trades taken. And then Method 1 and Method 2.
Not that the last 2 weeks is a large enough sample size to definitively say one way or the other, but I intend to track both of the management strategies over the coming weeks. There were some other days that were more obvious than these as well.
Below is the comparison of today and yesterday, and a ss of today's trades for me.
Last edited by forrestang; July 12th, 2011 at 03:34 PM.
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