Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

Studog

Members
  • Content Count

    5
  • Joined

  • Last visited

Everything posted by Studog

  1. In fact Steven, I would venture to go a little further with that hypothesis. Its important to find a market, any market that has the volatility and depth you are looking for, at certain times to facilitate the trading method you want to implement. You may want to di even a little further and consider the bar timing that works. I am currently using 2minute bars for entry on a particular market and 1 minute bars for exit. This method works well on THAT particular market with my preferred methodology. However, it doesnt work so well on other markets. There are many reasons for these scenariosand the length of time for which they exist. Moderated Message: Removed URL - Promotional will show you that consistency is the key. Methodology is key and finding the mkt and timing that matches your risk, money management and entry and exit scenarios means that consistency in results is on your side. All questions happily answred Moderated Message: Removed URL Promotional
  2. Hmmm, Moderated Message: Removed URL - Promotional Now, just as a prelude, loss of internet connection isnt a problem, plus this baby has the ability to change your original position. For example, if you set the program toenter a long position, went to bed but the market tanked, it would change its bias ( if you chose) and take a short,banging in the stop just the same, utilising risk setting etc that you set before bed. Entry, and exit executed without you being within 100kms of your PC. All questions happily answered. Stu
  3. This could be a long argument over what Gann really thought for example compared with the modern day interpretation of what people think he did/meant, but rather i wonder why people still focus on basic technicals and sit and watch them play out for their stock with capital exposed to the vagaries of the market in between entry and exit. Thats why I trade futures. Its all done in an instant, with such a small window that there isnt always much chance of assualt or destabilisation from outside that market. I have gone the whole hog and fully automated the technical profile so I dont even have to look at the market, just set up and hit the sack. Want to see what Im talking about?
  4. Hmm 60 minutes doing something in depth? I think not. mindless innuendo without researched facts is the usual fare. Do your own research, dont rely on proven BS-ers and be better for it.
  5. Indicators are useless if day trading futures realtime IMO. There is nothing more futile than subjecting yourself to a strategy based on indicators. Support, resistance, trend and a way of seeing those events realtime is the best way of trading. Consistently applying that same approach - if it is indeed logical is the best way of preserving capital and winning. Trading on the basis of indicators for equities, well that is like watching paint dry and has a failure rate to high to contemplate.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.