NexusFi: Find Your Edge


Home Menu

 





Trusting your signals


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one Rudy52 with 13 posts (5 thanks)
    2. looks_two Big Mike with 9 posts (6 thanks)
    3. looks_3 DarkPoolTrading with 3 posts (14 thanks)
    4. looks_4 trendisyourfriend with 2 posts (1 thanks)
      Best Posters
    1. looks_one DarkPoolTrading with 4.7 thanks per post
    2. looks_two josh with 3 thanks per post
    3. looks_3 Big Mike with 0.7 thanks per post
    4. looks_4 Rudy52 with 0.4 thanks per post
    1. trending_up 14,758 views
    2. thumb_up 33 thanks given
    3. group 9 followers
    1. forum 36 posts
    2. attach_file 5 attachments




 
Search this Thread

Trusting your signals

  #31 (permalink)
 Rudy52 
Des Moines, Iowa
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Kinetick / IB
Trading: spy
Posts: 27 since Feb 2011
Thanks Given: 22
Thanks Received: 16

Have never looked at nor learned anything about market profile. Do you recommend that every trader so so? What is it (in a nutshell) that market profile adds? Thanks.

Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
MC PL editor upgrade
MultiCharts
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Exit Strategy
NinjaTrader
Trade idea based off three indicators.
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Just another trading journal: PA, Wyckoff & Trends
27 thanks
Tao te Trade: way of the WLD
23 thanks
Diary of a simple price action trader
22 thanks
My NQ Trading Journal
14 thanks
HumbleTraders next chapter
9 thanks
  #32 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,207
Thanks Received: 101,599


trendisyourfriend View Post
I remember having heard Dalton mention in one of his webinar to place a pin on a market profile chart for each trade you took at the end of a day session. He then mentionned by the location of your trades on a profile chart i can tell if you traded with an edge or not. According to Dalton trades initiated in the fat part of a profile place you in an unfavorable starting position diminishing your edge.

I agree. My point was simply that there is more than one aspect of trading, yet for most they only see one: entries.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #33 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,207
Thanks Received: 101,599



Rudedog60 View Post
Have never looked at nor learned anything about market profile. Do you recommend that every trader so so? What is it (in a nutshell) that market profile adds? Thanks.



Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #34 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,207
Thanks Received: 101,599

Rudedog, start a new journal and post to it every day, or multiple times a day. This is the best way to improve yourself and hold yourself accountable.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #35 (permalink)
 Rudy52 
Des Moines, Iowa
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Kinetick / IB
Trading: spy
Posts: 27 since Feb 2011
Thanks Given: 22
Thanks Received: 16


Big Mike View Post
Rudedog, start a new journal and post to it every day, or multiple times a day. This is the best way to improve yourself and hold yourself accountable.

Mike

I will do that. Have been keeping a journal and making an entry for each and every trade I have made this year. Always was hit and miss before. And I had a blog where I posted pics of my trades, but it was basically private as no could find their way there. Perhaps starting a new journal here would be the best idea.

Question though - can I change my nick name? "Rudedog" doesn't really fit me. Never did. Rudy, maybe, but not Rudedog.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #36 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,440 since Jun 2009
Thanks Given: 33,207
Thanks Received: 101,599

Send me a PM.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #37 (permalink)
 
David D's Avatar
 David D 
Waco Texas USA
 
Experience: Beginner
Platform: Ninjatrader
Trading: oil
Posts: 1 since Mar 2012
Thanks Given: 8
Thanks Received: 0


Rudedog60 View Post


Those are my signals.

Looks great Rudedog60. You're just at that human step, Trust, that builds Confidence, that seems so difficult to pass.

Reply With Quote




Last Updated on February 17, 2013


© 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
no new posts