brownsfan019

If you guys take off, please drop me a PM where I can find you so we can continue to have discussions that are not taken off track by a couple. Only takes 1 or 2 to ruin a board quickly.

100% of my trading is in oil currently. Reason is that it's providing movements that just work for me and I can shut it down by 12pm EST and do more than stare at charts. As for candles, I've said it before - they are a part of a plan and as time goes on, they become less important to me.

I think it's a function of what system is the new person trading, what is their risk tolerance and how many trades do they want per day. Example: New person that is tedious and scared about losing. Possible markets: Slow moving stocks, bonds Example: New person that wants to jump in and wants movements Possible markets: Most futures, forex

Yep, there was an outage on Thurs. Came back and was good after that. Now if only those that ACTUALLY TRADE ON THIS could comment here that would be nice. But some think their opinion is needed all over the forums, even w/ something they know nothing about.

I get what you are saying MM but the other side of the coin is that if you can trade with consistency and trade leveraged products such as futures or forex, you really don't need $1M in the account to trade. You may need that for stocks, but I don't think it's needed w/ the leverage in futures or forex. Personally I carry enough in my trading accounts that I consider enough 'cushion' and that's it. The rest is sitting somewhere that can earn interest and is quickly accessible.

So we going to start this again Pat? Maybe you and tresor should start a 'we love to hate on Browns thread' and you guys can just hang out there. And I've posted plenty on this site for free with plenty of valuable information. For example, you can check here and here to see what a blotter looks like. Something you've NEVER produced once. Funny how a guy that has all these tools and wonderful after-the-fact charts cannot produce a blotter or two to show that he actually does this in real-time. And there's the Candlestick Corner, as well as chatting with some off site including doing a lot of work with a particular trader from this very forum. All for free BTW. For kicks, here is today's oil blotter for a 1 ct account. How have you done today? LOL. Let me guess, there's a million reasons why you can't produce that (again)...

It is interesting Kiwi for sure. Was just curious if there was data from 2010 available is all. Not a big deal.

Not even sure where to begin with this... Good luck to you and anyone that learns from the guy that just got taught.

Is that the most recent data available? That article is dated May 28 2009

I couldn't agree more. The ES is a very difficult market to trade and unless you are pushing 100 ct's at a time, why force it on a market that is so hard to trade? I will say that I've seen a shift in forums recently where there is more discussion on markets other than the ES; whereas at one point you'd only find discussions on the ES.

True - now use that to make money.

Walter suggested this not be your full system and that is probably good advice. Basing your entry/exit on a sole indicator could be trouble as all indicators have their faults. Hopefully Walter will post the code as he said and we can test it out on other markets. Until then, it's a view only show.

Sevensa is right on. There is no magical formula that will work all the time. I takes hours, days, months, years to put the puzzle together.

Still here Walter. One of the few remaining from the old days. Your screenshots look interesting. Once you post the code then I think others will participate - otherwise we are limited to watching. I would like to see it on the CL (oil) contract.

Good to see you back Walter. Here's my post expressing interest in the thread. Momentum has always been of interest to me, so hopefully the thread develops.

WHAT? Once a week it's down? No way. I am on this thing Mon-Fri and it has not been down in any recent memory. Your statement is blatantly false and incredibly misleading.

You of all people probably know that better than anyone, right? So he posted a chart, do you have to be an ass about it? Instead of posting some useless comment, why not explain why the chart has no merits? For example, if I commented about your Hershey stuff, one could say - has anyone EVER shown an actual blotter with this method besides the contest that Herhsey posted losses in? Or has anyone EVER been able to make ANY money at this in real-time? Or why do you in 1 thread state it will take over 24 months to work this, yet on ET Hershey was just posting recently it could be done in days? See, those are constructive questions.

That makes sense then.

The quick and easy response is watch the volume and as soon as the new contract has more volume, make the move. ALWAYS TRADE THE CONTRACT WITH THE HIGHEST VOLUME. Simple, easy and you can never go wrong.

I thought I did a post on this before, but search led me nowhere so just starting a new thread. If you use multiple computers but like the convenience of 1 mouse and 1 keyboard, there are a few options out there. After a frustrating few hours last night on this, hopefully this can save some time for others. INPUT DIRECTOR (free) I ended up changing to this software as it was quick, easy and the website includes very easy to follow instructions. So far it's been great. SYNERGY PLUS (free) These guys took over for the old synergy and while I like it, had some issues last night and eventually gave up on it. You can tell the site is built by developers for developers and what seemed like a simple connection for me turned into :crap: MULTIPLICITY ($29.95) Very nice site with screenshots. This is my plan B if input director does not work. If anyone has other sites that provide this, please post as I'd like to have a few in backup should something happen with input director.

Your broker's helpdesk should be able to answer that much quicker than you will get here. I honestly have no idea what that means.

Yes, it includes all major economic releases. News being good is relative but if you can make it work for you, it's a great way to make some quick money.

There is no perfect answer to this question. Some things to consider... > If trading manually, how many can you watch at once easily? > Will margins become an issue? > Do you get 'enough' trades in 1 market or do you need more markets due to the restrictive nature of your trading plan? For example, I will watch many markets but currently only trading oil. Reason is that the moves are very conducive to my trading and it's easier to place trades on 1 market. As long as oil keeps working for me, I will focus my energy there. If I was trading a system that might have 1-2 trades a day, I would most definitely be looking at many markets. So I think it's really a function of how many trades you can expect per day. If it's greater than 5, 1-2 markets would be plenty in the beginning.

What do you mean dae?

I put this together awhile back after being asked for recommended books. Good luck and use the forum! Amazon.com trading book reco's.pdf