I always had a real problem with the "big guys" moving the market just enough to take out my stops and then reversing the market again. But I didn't realize how much control they had until they started doing it when I was trading in SIM. So today I started paper trading (with a pencil on real paper) ... and they just took out my stops again... greedy bastards...
I'm just a simple man trading a simple plan.
My daddy always said, "Every day above ground is a good day!"
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I started a thread not too long ago called Trading Triangles with the goal of exploring divergence opportunities, pretty much what you have in mind, I just did not call it divergence. I had to it let go, because some people did not even give it a chance to get off the ground.
Some threads start a with a serious idea, then get so much unproductive attention or get hijacked that the originator finds it time consuming and difficult to continue.
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I like the "HOLY Grail" indicator.. OH wait? You didn't know there was one? LMAO
The holy grail of indicators is the one that works for YOU! The one that is right and is right at the right time. At the right time? The time you click the mouse to enter your trade. Period... You can tweak it, you can bend it, you can color it. Doesn't matter. Does it MAKE YOU MONEY??
I like the ATR set to 4. It's like shooting ducks on a pond. 3 winners in a row today. Yahoooooo I was done at 9:30am today. Oh wait that's the open..HMMMMM the ATR???? Could be something to it!!
If you are trading with basic canned indi's you mine as well write the check to your broker now. Why would anyone use an indi that doesn't plot until the move is already done? You'd be trading or making a decision on data that is past and over with.. NOT me baby!!! I like money! I like it so much I want to keep what I already have and take more of "theirs" $1500 from today buys a few pounds of fuel for the ole G5.
It is always amazing how when people become successful in trading they keep it to themselves.. That's why it's called an edge.. I guess all the answers are in the elite section the way I understand it.