NexusFi: Find Your Edge


Home Menu

 



Showing results 1 to 10 of 10
Search: Posts Made By: steveo107
Forum: Trading Journals February 27th, 2014, 12:13 PM
Replies: 86
Views: 56,824
Posted By steveo107
Price Action Mack Style

Mack teaches that your maximum entry risky should be no more than 8 ticks. However, you place your protective stop 2 ticks above/below the signal bar (usually the prior pivot level). If this...
Forum: Trading Journals February 27th, 2014, 11:51 AM
Replies: 86
Views: 56,824
Posted By steveo107
Price Action Mack Style

Mack says that the addition of indicators other than the 21 bar EMA will not improve your success with PAT. It just adds complexity and confusion. Keep it simple but still effective. All you need...
Forum: Trading Journals February 26th, 2014, 11:46 PM
Replies: 86
Views: 56,824
Posted By steveo107
supermht R u working with Mack? No, I am...

supermht
R u working with Mack?

No, I am a member of Mack's premium site and have been studying his approach since May 2013. Day trading is not easy to learn, but if I am ever going to learn it...
Forum: Trading Journals February 26th, 2014, 08:05 PM
Replies: 86
Views: 56,824
Posted By steveo107
Price Action Trading System

Hello Fellow PAT traders,
I am glad to see there are more people that have discovered Mack and his price action trading strategy. As you know, Mack makes his living trading and then shares his daily...
Forum: Trading Journals February 26th, 2014, 12:45 AM
Replies: 24
Views: 6,893
Posted By steveo107
Price Action Trading System

Hi Isaac,

I started my futures price action day trading learning process on the ES - the most liquid market thus no slippage with your orders. I recommend a 2000 tick chart, only one chart to...
Forum: Emini and Emicro Index December 21st, 2013, 06:25 AM
Replies: 70
Views: 21,947
Posted By steveo107
Trading Time Consistent with Daily Goal

For me the trading time is dependent on a reasonable daily goal. I think we trade to achieve a certain daily goal. Once that goal is met then the reason for continuing to trade will probably due to...
Forum: Psychology and Money Management November 3rd, 2013, 02:54 AM
Replies: 946
Views: 336,154
Posted By steveo107
Expectancy in terms of R Multples

The form of expectancy that I believe that most people are familiar with seems to be:
Classic Exp = [Pr W ] x [Avg W] - [Pr L] x [Avg L], where Pr L = 1 - Pr W

To get expectancy in terms of R...
Forum: Psychology and Money Management October 28th, 2013, 05:58 PM
Replies: 946
Views: 336,154
Posted By steveo107
R Multiple Implementation

Hi Mike,

My thoughts on Van Tharp's R multiple concept are:
1 - establish or choose your risk tolerance (RT), say 1% of account size (AS)
2- calculate the max risk amount, RT x AS; this will be...
Forum: Trading Journals October 28th, 2013, 05:06 PM
Replies: 24
Views: 6,893
Posted By steveo107
Price Action Trading

isaacsu,

I am a beginner futures trader also. I have chosen the ES to learn and practice my trading in SIM mode. I have found the teachings of PriceActionTradingSystems to be very helpful. They...
Forum: Traders Hideout September 29th, 2013, 04:39 PM
Replies: 10,645
Views: 14,246,778
Posted By steveo107
New Member

HI Mike and Fellow Traders,

A trader friend suggested I join this forum. Glad to be here.

I am probably like many people here still studying, learning and practicing to become a more...
Showing results 1 to 10 of 10

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

 


 
 


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top