NexusFi - Search Results

Showing results 1 to 8 of 8
Search: Posts Made By: cunparis

Forum: Traders Hideout

August 19th, 2009, 02:27 PM

Replies: 22

Short Scalp trade on momentum...

Views: 16,505

Posted By cunparis

If you take 5 tick and stop out you then it's the...

If you take 5 tick and stop out you then it's the same exact thing.

I have one 15 tick loss.
You will have 3 5 tick losses.

The result is the same.

I suggest you trade this on a simulator...

Forum: Traders Hideout

August 19th, 2009, 01:20 PM

Replies: 22

Short Scalp trade on momentum...

Views: 16,505

Posted By cunparis

This is really complicated. Instead of having 3...

This is really complicated. Instead of having 3 trades with a 5 tick stop loss, why wouldn't you have 1 trade with a 15 tick stop loss? Isn't it the same thing? or am I still missing something.

Forum: Traders Hideout

August 19th, 2009, 08:56 AM

Replies: 22

Short Scalp trade on momentum...

Views: 16,505

Posted By cunparis

I may have misunderstood, but when I read: ...

I may have misunderstood, but when I read:

I read that as you have a losing position (-5 ticks) so you buy another, and then do it again when down -10 ticks.

In this example you have a...

Forum: Traders Hideout

August 19th, 2009, 01:44 AM

Replies: 22

Short Scalp trade on momentum...

Views: 16,505

Posted By cunparis

Yes Wyckoff's book wasn't that great in my...

Yes Wyckoff's book wasn't that great in my opinion but others seem to like it.

Wyckoff, Livermore, O'Neil.. their methods and techniques can be used for daytrading as well as swing trading. In...

Forum: Traders Hideout

August 18th, 2009, 09:42 AM

Replies: 22

Short Scalp trade on momentum...

Views: 16,505

Posted By cunparis

I gave you the wrong link, here is the paperback...

I gave you the wrong link, here is the paperback version which is cheaper and available:
...

Forum: Traders Hideout

August 18th, 2009, 08:57 AM

Replies: 22

Short Scalp trade on momentum...

Views: 16,505

Posted By cunparis

Try doing the opposite of what you're doing. ...

Try doing the opposite of what you're doing. When price touches the S/R line, fade the move. If it's moving up then go short. This way you can set your stop on the other side of the S/R line. And...

Forum: Traders Hideout

August 18th, 2009, 04:16 AM

Replies: 22

Short Scalp trade on momentum...

Views: 16,505

Posted By cunparis

I think you must read a few books about trading. ...

I think you must read a few books about trading. Start with this one:
...

Forum: Traders Hideout

August 17th, 2009, 04:33 PM

Replies: 22

Short Scalp trade on momentum...

Views: 16,505

Posted By cunparis

The problem is where do you put your stop? If...

The problem is where do you put your stop? If you put it close, the market could easily pull back a few bars and stop you out. If you put it below the last swing pivot, then one stop loss could...

Showing results 1 to 8 of 8

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

Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
Something else (discuss in thread)

View Results Discuss Poll