Recent content by datamold

Good read Matty. Thank you.

Trap ? Can anyone explain what Bob means when he says" be careful of the trap"?

Trading in the Zone This morning as I was reading "The Real George Washington" I came across something that was written about him (page 228) during the Revolution that accurately describes the mastery I am trying to achieve in my trading. It said; " Conscious that the principles on which he...

Thanks for clearing that up. Too many moving parts for me however.

To be clear, are you able to place your market TTO with a single click. I am using MBT Desktop Pro and they tell me I can not do that, and the only way to do so is to use limit orders.

Hey Traderallen, I've been reading your posts for awhile and I like much of what you have to say. I have not been posting to this forum because I have been working on a futures trade based on the Volman methods, and I did not want to be off topic. One of my concerns is the concept of the 10...

I have also noticed the tendency of a sudden pop to quickly reverse. The problem with exiting on the "Pop" is that you can't tell when it stops until it reverses and then it's too late. I find that to be stressful so I do not try to exit on the surge. However I have also noticed that soon after...

matty-dunn I think you may be working way too hard. Like you I am frustrated when I don't take a trade that goes on to win and then have an argument with myself trying to convince myself that I was right to skip the trade. I know intellectually that it is imperative to trade with a carefree...

I would classify your exit as valid because it was what I consider to be an adverse BB.

I would have passed on the FB because the move down was not the initial move down but rather a continuation from the 1.323 BB. FB's are reserved for initial moves only. I would have passed on the SB because its high was higher than the FB high making the trend up. As for the third trade I...

Regarding your E2 RB trade at 8:10: I have begun to train myself to be alert for adverse setups while in a trade. This trade presented an adverse BB that may have allowed you to save a few pip. I know from your prior posts that you too are aware of this. So my take away is that we are indeed...

This week I took 5 live trades of which 3 were winners and 2 were losers for a total profit of 15 pip. In light of the previous 4 weeks I’m calling that a good week. My overall goal for this system is to consistently harvest 20 pip per week, so 15 pip isn’t bad at this stage. The attached...

Today was an active day and a good day for chart comparison. These are my ups and downs today. All in all a fun day! Edit: I looked into NinjaTrader and found that their OCO functionality resides on your computer and not the brokers. To me that presents the potential for a catastrophic event...

A few weeks ago I too would have taken that BB just before the tweeter thing, but as I was watching the chart I felt like that would have been continuation trade at what was then the low of the move so I dismissed it. Subsequent to that I sensed that a trend = trend situation was possible and...

Thanks for sharing the Webinar link on trading psychology. The speaker made a good case for working on your emotions. I am of the opinion that mastering your feelings is more important than mastering your chart reading skills. That to me would be a true psychological edge indeed. Toward that end...