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Search: Posts Made By: Babool
Forum: Trading Reviews and Vendors March 5th, 2020, 08:50 AM
Replies: 76
Views: 19,770
Posted By Babool
There is nothing preventing a room from posting...

There is nothing preventing a room from posting trades real time but I believe that they can't show a real time data feed and charts in the room.
Forum: Emini and Emicro Index January 18th, 2019, 10:47 AM
Replies: 207
Views: 57,224
Posted By Babool
If I read this thread correctly it seems you have...

If I read this thread correctly it seems you have appx a year of trading experience....and your thinking of giving up? You need to stop trading real money and get your method in order...or find a...
Forum: Traders Hideout October 25th, 2018, 01:47 PM
Replies: 141
Views: 55,659
Posted By Babool
I second that. What is successful ? Not blowing...

I second that. What is successful ? Not blowing out your account ?, breaking even ? , making a 100 bucks a day ?, a 1000 day ?, etc... ? The question so general that practically any answer on the...
Forum: Trading Journals October 11th, 2018, 10:30 AM
Replies: 115
Views: 23,112
Posted By Babool
Stop should be determined based on the method and...

Stop should be determined based on the method and timeframe your trading. We know nothing about the original posters trading method. Looking at his posts leads me to believe that this is his first...
Forum: Trading Journals October 10th, 2018, 02:22 PM
Replies: 115
Views: 23,112
Posted By Babool
Lol, well I have been trading for 18 years. Not...

Lol, well I have been trading for 18 years. Not sure what your asking about trading tips and advice. It's difficult to give a couple sentences of advice that would be helpful to someone new except...
Forum: Traders Hideout October 7th, 2018, 11:39 PM
Replies: 21
Views: 3,820
Posted By Babool
Paper trade the market you in eventually intend...

Paper trade the market you in eventually intend to trade live.
Forum: Trading Journals October 7th, 2018, 11:18 AM
Replies: 115
Views: 23,112
Posted By Babool
Is this your first time trading the NQ or futures...

Is this your first time trading the NQ or futures in general ? If it is, I would save your $2000 and trade SIM. I can tell you that if you are new...the NQ is the one of the absolute worst markets...
Forum: Trading Journals July 7th, 2018, 10:06 AM
Replies: 162
Views: 20,230
Posted By Babool
The bar prior to your entry bar on trade 2 was...

The bar prior to your entry bar on trade 2 was the high of the day. There was no lower high. For clarification, are you trying to tell me that because your entry bar had a lower high than the...
Forum: Trading Journals July 7th, 2018, 09:28 AM
Replies: 162
Views: 20,230
Posted By Babool
Regarding a better entry point for trade...

Regarding a better entry point for trade 2.....No, trade 2 should have never been done. There never was a good entry. Yes, it would have to be below 2744.25 but then you have to consider how much...
Forum: Trading Journals July 6th, 2018, 11:45 PM
Replies: 162
Views: 20,230
Posted By Babool
Trade 1 was a good trade but you can't...

Trade 1 was a good trade but you can't immediately exit your trade on the first down bar Yes, you exited at a profit but your exit was to early. Unfortunately, there would have been no way you...
Forum: Trading Journals July 5th, 2018, 10:28 AM
Replies: 162
Views: 20,230
Posted By Babool
You know your entry is worth it if it is part of...

You know your entry is worth it if it is part of a back tested trading plan that has proven to be profitable. There should be no guesswork. You issue is that you don't currently have a back tested...
Forum: Trading Journals July 4th, 2018, 06:03 PM
Replies: 162
Views: 20,230
Posted By Babool
If your trading a 5 minute bar on the ES put up a...

If your trading a 5 minute bar on the ES put up a 20 period exponential moving average and a 7 period exponential moving average. If the 7 is below the 20 look for short trades....it the 7 is above...
Forum: Trading Journals July 4th, 2018, 05:59 PM
Replies: 162
Views: 20,230
Posted By Babool
No, you have to check volume but in the ES,...

No, you have to check volume but in the ES, Crude, Euro FX, Gold, British Pound there is sufficient volume to trade. If you take a trade during the overnight make sure you are flat at the open. ...
Forum: Trading Journals July 4th, 2018, 10:44 AM
Replies: 162
Views: 20,230
Posted By Babool
Taking counter trend trades (catching falling...

Taking counter trend trades (catching falling knives) is going to be very difficult for you as a new trader. I would cut those trades out completely for now. I would also wait for the bars to close...
Forum: Trading Journals July 4th, 2018, 10:39 AM
Replies: 162
Views: 20,230
Posted By Babool
A lot has changed and overnight volume is very...

A lot has changed and overnight volume is very decent on the ES and a few other markets. Now that the asians have taken to trading volumes are great. Contracts such as the Euro FX and British Pound...
Forum: Trading Journals June 25th, 2018, 12:19 PM
Replies: 162
Views: 20,230
Posted By Babool
Ok, It is helpful to know what time zone your in...

Ok, It is helpful to know what time zone your in because it makes it easier for people to to pull up their own charts and see where your trades were.

Looking at your trades,

Trade #1, On an...
Forum: Trading Journals June 25th, 2018, 11:56 AM
Replies: 162
Views: 20,230
Posted By Babool
Where are you located geographically ? I ask...

Where are you located geographically ? I ask because of the time displayed on your charts.
Forum: Trading Journals June 24th, 2018, 09:43 AM
Replies: 162
Views: 20,230
Posted By Babool
No, don't post that here. Were interested to see...

No, don't post that here. Were interested to see the trades you actually take. Going through 90 days worth of data is for you to determine if the the set-up you want to trade is profitable over...
Forum: Trading Journals June 23rd, 2018, 09:00 AM
Replies: 162
Views: 20,230
Posted By Babool
If you can indentify your failed breakouts and...

If you can indentify your failed breakouts and breakout pullbacks then go back and mark 90 days worth these trades on previous charts track them on a spreadsheet. This will give you an idea if...
Forum: Trading Journals June 22nd, 2018, 09:15 AM
Replies: 162
Views: 20,230
Posted By Babool
I can't comment on brooks set-ups because I don't...

I can't comment on brooks set-ups because I don't use them. i would suggest picking one that is a "with the trend/direction" that occurs on a frequent basis. You don't want to pick one that occurs...
Forum: Trading Journals June 21st, 2018, 10:38 PM
Replies: 162
Views: 20,230
Posted By Babool
No that was not me...never seen that course...

No that was not me...never seen that course before.
Forum: Trading Journals June 21st, 2018, 05:49 PM
Replies: 162
Views: 20,230
Posted By Babool
When trading 5 minute candlesticks try only...

When trading 5 minute candlesticks try only moving your stop above a down bar if the location of the close is in the bottom 20% of the range of the bar...vise versa for green candles. Even still,...
Forum: Trading Journals June 21st, 2018, 02:04 PM
Replies: 162
Views: 20,230
Posted By Babool
You realize that if you trade 25 emini contracts...

You realize that if you trade 25 emini contracts and make 2 points a day that in order to net 500000 per year you have to basically not have any loosing days, pay no commission or have slippage,...
Forum: Trading Journals June 21st, 2018, 12:57 PM
Replies: 162
Views: 20,230
Posted By Babool
Your not printing anything out....your going to...

Your not printing anything out....your going to look at the chart on your computer screen. Load 90 days of data which you can do easily in Ninja and circle your trades that you would have taken...
Forum: Trading Journals June 21st, 2018, 12:31 PM
Replies: 162
Views: 20,230
Posted By Babool
That's more than a hole...its a deal breaker if...

That's more than a hole...its a deal breaker if you want to be profitable. 6-8 point targets may or may not be reasonable and will depend on if your entry has continuation. When I say continuation,...
Showing results 1 to 25 of 84

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