Recent content by shodson

You're better off taking random entries, targeting 2.5-4.0 for every 1 of risk (depending on volatility) and using a trailing stop. In fact, I think the EMTS entries are not that horrible, it's just the fact that you're scalping for small targets and using a risk/reward of 1-to-1 or worse that...

I actually think EMTS could be a viable system and improved if it somehow incorporated some respect for support and resistance but it does not.

Try trading the gap You should consider trading the opening gap. The guys at MasterTheGap have a good, probabilities-based technique that truly give you a statistical edge in gap trading. I've been trading with them for over 6 months now and it's my most profitable trading system/technique...

Yeah, I have read the manual as well from a student that bought it and doesn't use it, at least some of it. I've read through the NSE setups. It can work when the market is trending but is more prone to failure when the market is choppy. Also, I haven't read through all of the recovery stuff...

That's great! Seems like people are having success with the Dow strategy, perhaps more than the ES strategy. Are you up 300 ticks per contract, or are you multiplying your contracts with the number of ticks you got on each trade?

For all of the information you need to know about trading Dow emini futures check out the CME's website. http://www.cmegroup.com/trading/equity-index/us-index/e-mini-dow_contract_specifications.html If this information doesn't make sense to you then I recommend you go through some of the CME's...

Thanks Lynn for your testimonial. I'm sorry if I or others pointed the "shill" finger at you. Congratulations on your success and I hope this is a good learning experience for you. As for her 6 weeks of back testing, she is probably using NinjaTrader (which is what Dave uses and sells his...

@lwhitmore Can you upload some charts, with buy and sell entries clearly marked? This helps remove suspicion that you're just a shill. I do something like that on my trading journal. It also helps others to learn from your success and mistakes, and it evokes commentary from others that I...

Thanks Lynn, your feedback is helpful.

Thanks @cshep for the info, I appreciate your comments. What's his chat room like? Is it video, where you're watching his screen while you listen to him on audio? Or is it simply a text/IRC type of chat? I'm assuming the former. He seems to produce pretty good results. I've implemented...

Has anybody gone bought and through the training at eminitradingstrategies.com? I've been following them for a few months and they seem to provide good, 1st hour trading opportunities. The price is a little steep though and I wish they had a monthly subscription so I could try it out first...