I think I would go insane trying to teach people the same things a million times, getting asked the same noob questions a million times.
To be a successful trader you clearly you need to have a profitable strategy in place, but I honestly don't believe it is that hard for an above average...
I would never trust a trading robot even if it was proven to be highly profitable.
If you don't know the exact criteria a robot / EA is using then how could you ever know the best times to deploy them or pull them from the market. I highly doubt anyone has designed a money making machine and...
Generally Speaking Investment Banks are preferred over Prop Shops.
With that being said IB's are much harder to get into. You need to graduate near the top of your class with a degree in Finance, Economics, or Accounting. In addition IB's will not let you get started in your career straight...
dc you must be a gunslinger among gunslingers to earn these kinds of returns. Well done.
Price Action is where it's at!
If I may ask how are you calculating your position sizing?
Based on ATR, or what you perceive to be highly probable moves, near levels of support / resistance?
Good luck
If im understanding this correctly now i think blackswan might have thought i was beimg sarcastic then and trying to pi55 on his thread. Certainly not, i enjoyed the intelligent post.
Richard,
No more 10 EMA?
I have also noticed no lines of previous days hi / lo's or support / resistance.
I realize you may have all this info in your head and may not need to draw them out on your charts like us less adept traders do. However are these all still important factors your...
Will be watching and wish you the best of luck.
I tend to prefer shorter time frames myself, glad to see you making the switch! :clap:
Although I have never been a big fan of TA, I'm sure you can find a way to make it work on the shorter time frames.
Havin a live calls thread is an interesting idea. Especially If the readers go back and analyze time and price of calls and think about how they would have traded it.
However...
The sheer number of unrelated posts going back and forth about bull**** is quite annoying and is ruining this...
I feel as if the title to this thread may have put people off.
As that is the only way I could see why more people have not read and repsonded to this thread which probably contains the most important information any trader could have.
T2W Bot is absolutely correct when speaking about focusing...
Mr. Charts
After a week of thoroughly reading and thinking about this entire thread I must thank you for the dedication and effort you have provided to share your knowledge with others so freely. I must also comment on how I used a very similiar strategy to day trade while I was in college and...
Long time lurker on T2W and first time poster!
Amit,
I have enjoyed reading this thread, It seems to me that you have a good understanding of market maker shenanigans portrayed in level 2 quotes.
You also seem to understand the correlations between support / resistance levels in charts and...