Recent content by jhyerczyk

Categorize Indicators into Pattern, Price and Time One of the first things you should do is: 1. Get a list of indicators 2. Find out the equations that are used to calculate them. 3. Put them into categories such as pattern, price and time. The reason you want to do this is to make sure...

Welcome Eugene Hello Eugene, this is Jim Hyerczyk from the Southwest suburb of Palos Park. :clap:

Greetings, If you bet on horses for 30 years, then you must have learned something about controlling your bank roll and placing bets. Take what you learned in betting on horses to trade stocks. If you learned how not to be the whole wad on a horse, then do the same with a stock. Trading is...

You don't have to spend $6k to learn that your issue is with risk management. Accept the fact that risk management is separate from a stop loss. Finding a exit first is not gambling. Every successful traders knows where there out is before he puts the trade on. Don't give up on trading. If...

Trading Suggestion Hi, Here are some things I've learned and practice. 1. When trading, find your exit first. Know the point at which you will get out if wrong. If you are right, the upside will take care of itself. The downside is unforgiving. This may have helped you with Qualcomm. 2...

I don't think I have found the holy grail but the best indicator to watch is the interest rate differential between the pair you are trading. For example, Bund interest rate versus Gilt interest rate. Institutions case yields. If they can get a higher yield somewhere relative to the risk...

Here is what I suggest you do. 1. Learn to read order flow first. 2. If you are successful at reading order flow then take a one minute or 5 minute chart and mark in green where you bought and in red where you sold. 3. Take that chart and fill in retracement areas. If you did it...

It sounds like you have a really good entry system, but have no exit system. This is very common. The first question I have for you is: Do you have a sizing methodology? In other words how do you decide how much size to put on? Is it based on a percentage of equity? A certain dollar amount...

Trading is about taking advantage of opportunites. The smaller your time frame the greater the number of opportunities to trade. Each time frame produces trades with a specific reward/risk profile. You have to study the time frames to know what this reward to risk profile is. You also must...

Big losses can happen in the beginning, but the main thing to know is why they happened. For example, were you trading without a stop? Were you day-trading with a mental stop? Were you too slow in getting the stop in after you were filled? Did you pull a stop after placing it? One suggestion...

Greetings Greetings My names is James A. Hyerczyk. I trade and analyze using pattern, price and time so I guess I can be categorized as a Gann Analyst. I'm an old school analyst. I'm computer literate, but prefer to build and update large charts by hand. I get a better feel of the markets...