Recent content by lote_tree

Hey Guys/Gals, I wanted to find out if anyone can help with a particular Debt Instrument. I have been asked to find a buyer for a particular security I am not authorised to trade. I have made the seller aware of this but they still insist as they are a close friend. Anyway the security in...

Good point.. So the next question becomes why is it so difficult to stick to a trading plan? Even if a million dollar trader was to give you his/her simple trading strategy to make money; why would it be so difficult for you to follow it? Well, until you burn into every neuron in your brain...

Guys Just thought I'd throw a few ideas in the pot as far as quantifying market sentiment. One resource that is useful for me and which is easily accessible, quantifiable and gives an excellent idea of market sentiment is the CFTC website. There you will find reports that show the commitment...

Good research is exteremly valuable in the hands of a professional trader. I'm not talking about amatures ;) Dude, please read posts carefully before responding. It was an example. :rolleyes: But essentially I do agree with the point you're trying to make. Couldn't agree with you more :lol:

Trading in the opposite direction to a losing trader will not guarantee that you will do any better. I doubt anybody who's done some serious research would be willing to share their findings with every trader on the net. Look, if through my research I found a way to consistently identify with...

This guy will give you inspiration mate. Certainly gave it to me for day trading again :thumbsup:

IMHO when you're scalping with a huge volume of trades your % risk becomes irrelavant. Your risk management then has everything to do with your ability to read price action in quick time. If your ability to read price is basic or your holding period is a lot longer then % risk becomes...

If you're taking perfect in the literal sense then I agree, you'll never catch the very top tick or bottom tick of the market with full position sizing. What I was refering to was that if you're trading with a plan, your trading is sound/perfect, if you're not trading with a plan, go to Las...

That's a very important point. Conditions are always perfect when your specific set up arrives. Even if you're trade doesn't work out your trade will still be flawless. Conditions are never great when your set up isn't there. If you trade and make a killing your trade will be classed as a...

There are easier ways to make a killing. You're probably going to get sick of me saying this but make sure you find a way of making a killing that suits your psychology. I don't like scalping, period. It's just about being totally honest with yourself and knowing what you're suited to...

Thanks guys I was trying to decide which processor to go for. I'm not too bothered about Intel's new processors, I really need the system A.S.A.P. I'm going for the quad core and see how I get on. Cheers LT

It's not the money, it's loving what you do. Find and then stick to what you're most comfortable with. The money will take care of itself. I only position trade now because that's what I love. If you enjoy what you're doing and you make good money from it then keep doing it mate...

Scalping takes way too much energy. Even the 23 minutes I just spent is way too much for me. But ok, may be I was exaggerating a little bit when I said i'd get slaughtered. . Scalping isn't my style because I'm lazy but if you want to make money you can do without a doubt. Regards...

That's all very impressive. But alot of competent traders can be Supermen/Women when they're trading a sim account. I do agree that 5,000% + returns a month is possible depending on account equity. The critical point to consider is how much risk are you taking if you want to achieve 5,000% +...

Thanks Paul I was finding the same thing. However, I did notice that it seems very accurate with its turning points from both the 2.00 & -2.00 levels on the 10min chart. Have you found that? I'm going to back test the Fisher RVI exclusively on the 10 min chart and see what results I can...