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Search: Posts Made By: worldwary
Forum: Trading Journals May 19th, 2011, 11:05 AM
Replies: 994
Views: 212,170
Posted By worldwary
Good results are the ultimate measure. I agree,...

Good results are the ultimate measure. I agree, if you're getting good results then no need to change anything. If not, then it might be worthwhile to shake things up and kill some of your old...
Forum: Trading Journals May 19th, 2011, 06:28 AM
Replies: 994
Views: 212,170
Posted By worldwary
One quick thought on this. If your goal is to...

One quick thought on this. If your goal is to hold trades for longer moves, drawing too many lines on a chart can be counterproductive. The brain sees the line and expects it to act as support or...
Forum: Trading Journals April 21st, 2011, 06:53 AM
Replies: 994
Views: 212,170
Posted By worldwary
I've found that CL tends to be attracted to round...

I've found that CL tends to be attracted to round numbers. You might consider putting your target near the next round dollar amount in the direction of the trade, whether that be 40 ticks or 75...
Forum: Trading Journals March 29th, 2011, 04:17 PM
Replies: 994
Views: 212,170
Posted By worldwary
In that case, I'd consider that to be a form of a...

In that case, I'd consider that to be a form of a breakout entry (at least the way I think of the terms).

Breakout entries = enter when price is moving in the desired direction, generally with a...
Forum: Trading Journals March 29th, 2011, 03:25 PM
Replies: 994
Views: 212,170
Posted By worldwary
There are different ways to define what a...

There are different ways to define what a breakout trade is. A question for you to help clarify.

When you enter a long trade, how do you typically time the exact entry? Assuming you see an...
Forum: Trading Journals March 26th, 2011, 04:00 PM
Replies: 994
Views: 212,170
Posted By worldwary
I'm curious if you've found the inside bar setup...

I'm curious if you've found the inside bar setup to generally work well on the 3 minute or 5 minute timeframes? Is that one of your regular setups?
Forum: Trading Journals March 23rd, 2011, 02:33 PM
Replies: 994
Views: 212,170
Posted By worldwary
In that case you can stop-and-reverse, or just...

In that case you can stop-and-reverse, or just stop out if you think the second entry is too risky.
Forum: Trading Journals March 23rd, 2011, 02:17 PM
Replies: 994
Views: 212,170
Posted By worldwary
I don't trade outside bar setups as I haven't...

I don't trade outside bar setups as I haven't found them to be very reliable. They strike me as indicative of chop rather than a directional bias in either direction.

I remember from the three...
Forum: Trading Journals March 21st, 2011, 08:49 PM
Replies: 994
Views: 212,170
Posted By worldwary
What are the lines in the background? How do you...

What are the lines in the background? How do you use them?
Forum: Trading Journals March 21st, 2011, 04:21 PM
Replies: 994
Views: 212,170
Posted By worldwary
Good job, keep it up

Good job, keep it up
Forum: Trading Journals March 9th, 2011, 09:22 PM
Replies: 994
Views: 212,170
Posted By worldwary
I can't really tear this new method apart but...

I can't really tear this new method apart but have a few questions for you:

1. How big a departure is this from the method you've been using up to this point? In what way is it different?

2....
Forum: Trading Journals March 8th, 2011, 11:14 AM
Replies: 994
Views: 212,170
Posted By worldwary
Good job. Keep logging the hours as there's...

Good job. Keep logging the hours as there's really no substitute for watching a given chart setup play out in real time.

Your current setup is quite similar to mine, although you're using range...
Forum: Trading Journals March 7th, 2011, 05:01 PM
Replies: 994
Views: 212,170
Posted By worldwary
I would generally expect that with a breakout...

I would generally expect that with a breakout system like this, entries will typically occur near or beyond the outer channel. Pullback entries will typically occur near the midline or opposite...
Forum: Trading Journals March 7th, 2011, 04:27 PM
Replies: 994
Views: 212,170
Posted By worldwary
I use something similar in my trading. Not...

I use something similar in my trading. Not Keltners exactly but SMA envelopes, which on a tick chart give a smooth channel that price tends to stay within. One reason I was curious about how you were...
Forum: Trading Journals March 7th, 2011, 03:49 PM
Replies: 994
Views: 212,170
Posted By worldwary
How exactly are you using the Keltner channels?

How exactly are you using the Keltner channels?
Forum: Trading Journals September 6th, 2010, 08:49 AM
Replies: 994
Views: 212,170
Posted By worldwary
I wish you the best and hope that you can find...

I wish you the best and hope that you can find consistent profitability. It is possible that this conviction about Fibs is an obstacle to profitability, but of course I don't know that to be the...
Forum: Trading Journals September 5th, 2010, 10:32 PM
Replies: 994
Views: 212,170
Posted By worldwary
Just finished reading this thread. Thanks for...

Just finished reading this thread. Thanks for keeping the journal up. You clearly have a sincere desire to succeed as a trader and I hope you achieve all your goals.

If I may offer an...
Showing results 1 to 17 of 17

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

 


 
 


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