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Trading REAL MONEY

  #91 (permalink)
 DetroitMoney 
Detroit Michigan United States of America
 
Posts: 86 since Oct 2013


Quoting 
your chances of dropping below the $300 you need to open a new trade (your ruin point) are practically guaranteed

Also let's you know how good you really are

Heads I win tails I only lose 200 on any 1 position at 1 time. I NEVER trade without the ATM strategy being turned on. NEVER! Anyone not trading with one of these or not trading with some kind of SL is crazy.

200 is my number. It that simple. Can I have a string of 200 losers in a row? FreakinA right. Is it likely to happen? I haven't lost 2 trades in a row in more than 2 years so I doubt it. Not saying never however I only take one maybe 2 trades a day at best. You don't make money trading you make money by staying the trade. I know when to say when and take a break. I also feel this is very important and something that most new traders do not do. JUST stop trading!

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  #92 (permalink)
 kevinkdog   is a Vendor
 
Posts: 3,646 since Jul 2012
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DetroitMoney View Post
Also let's you know how good you really are

Heads I win tails I only lose 200 on any 1 position at 1 time. I NEVER trade without the ATM strategy being turned on. NEVER! Anyone not trading with one of these or not trading with some kind of SL is crazy.

200 is my number. It that simple. Can I have a string of 200 losers in a row? FreakinA right. Is it likely to happen? I haven't lost 2 trades in a row in more than 2 years so I doubt it. Not saying never however I only take one maybe 2 trades a day at best. You don't make money trading you make money by staying the trade. I know when to say when and take a break. I also feel this is very important and something that most new traders do not do. JUST stop trading!

I give up. I witnessed a bad car wreck last week, and I don't feel like watching another one here. I tried to give you some advice, but it is clear that you do not think you need it.

Good luck to you, though.

I'm out.

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  #93 (permalink)
 DetroitMoney 
Detroit Michigan United States of America
 
Posts: 86 since Oct 2013


All traders are different and that chart I posted is not there for any reason other than to show how many trades are on it.

I don't need any help with charting. There is a high probability that what works for me and the way I trade is most certainly not going to work for any one else. Is it right? For me it is. Does it make money? For me it does damn near everyday and that's all that matters to me. Not here for a debate about trading systems. I don't care what makes other people money.

I have an edge and it makes me money everyday so it's all good

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  #94 (permalink)
 DetroitMoney 
Detroit Michigan United States of America
 
Posts: 86 since Oct 2013

Thanks for kind words KD.

Luck has nothing to do with it though. You either know what you are doing in the live markets or you do not. I am 100% confident in my trading skills and they make me money everyday. Again that is all I am there for. I am out also and off to the string club.. LOL

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  #95 (permalink)
 supermht 
Naperville IL
 
Experience: Intermediate
Platform: ninjatrader
Broker: NT broker
Trading: NQ ES 6E GC CL
Posts: 962 since Feb 2010
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can't help saying: thread should be closed. never come back.

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  #96 (permalink)
 
Rad4633's Avatar
 Rad4633 
Greensboro NC
 
Experience: Advanced
Platform: TOS/ NT Dorman
Trading: ES TF CL
Posts: 1,357 since Sep 2011
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DetroitMoney View Post
All traders are different and that chart I posted is not there for any reason other than to show how many trades are on it.

I don't need any help with charting. There is a high probability that what works for me and the way I trade is most certainly not going to work for any one else. Is it right? For me it is. Does it make money? For me it does damn near everyday and that's all that matters to me. Not here for a debate about trading systems. I don't care what makes other people money.

I have an edge and it makes me money everyday so it's all good

Im not going to read all of this thread pages, curious about your method...From your 1 chart you posted u use ur MA lines as mean on 60min then probably scale down and enter off small time frame so basically ur system is looking for oversold back to mean and trades that bite you are ones in hard trending pattern away from mean-maybe news generated...am i close ? thx for reply in advance

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  #97 (permalink)
 DetroitMoney 
Detroit Michigan United States of America
 
Posts: 86 since Oct 2013

I trade S&D + PA. The MA's are just indicating up or down is all. Nothing more than that. I use this same chart for all work in the live market in ES. Right now I do not trade anything else. I don't have the account margin aval for anything else. Not really looking to trade anything but ES to get my income money.

Good luck in your trading

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  #98 (permalink)
 
Rad4633's Avatar
 Rad4633 
Greensboro NC
 
Experience: Advanced
Platform: TOS/ NT Dorman
Trading: ES TF CL
Posts: 1,357 since Sep 2011
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DetroitMoney View Post
I trade S&D + PA. The MA's are just indicating up or down is all. Nothing more than that. I use this same chart for all work in the live market in ES. Right now I do not trade anything else. I don't have the account margin aval for anything else. Not really looking to trade anything but ES to get my income money.

Good luck in your trading

S&D ???

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  #99 (permalink)
 DetroitMoney 
Detroit Michigan United States of America
 
Posts: 86 since Oct 2013

You could start here rad4633

https://www.google.com/search?q=Supply+and+Demand+trading&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a

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  #100 (permalink)
 DetroitMoney 
Detroit Michigan United States of America
 
Posts: 86 since Oct 2013


@supermht

why?

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