Recent content by SpearPointTrader

Well, all I can say to this, is that I am a broker. I am not out to rip anyone off. In fact, the Black Box systems we run our managed futures programs with, have been doing really well. As for not being able to trade. I got into this biz in the first place, because I CAN trade, but was never...

Hmmm. Intuition is not an indicator. Although lots of people do trade off of intuition. However, I am looking to discuss more specific, quantifiable, repeatable methods that self adjust, rather than that. THE RISK OF LOSS IN TRADING COMMODITIES CAN BE SUBSTANTIAL. THE HIGH DEGREE OF LEVERAGE...

Hmmm. I don't think going for what you want works. The markets do as they will, regardless of what one wants. They also change the game in mid stream too. So rather than try and rely on something ridged and inflexible like a Fib level, you need a way to know when a move is over, in a more...

Hey guys! I was perusing the forums today, and I ran across a number of threads where comments were made about having a target where the trade should end, before you even enter it. I know it's fairly common to do this. My question is "Why"? In order to do that, would one not need to be...

Before I comment here, I want to disclose that I am a Broker with Aim Futures & Options. My use of the disclaimer is in case this should be, at some point, deemed communication with the public. So far as the subject of signals goes, it has been my experience both in simulation and in real money...

Agreed.

I put my first real money trade on in 1995, or 96 (the year after that huge grain run up). As for strategy, thats tough. I wrote a whole 350 page course trying to teach it once. It would take a year to really get all the details, I am sure. That said though, I use basic consolidation patterns...

Well, I have had many, many conversations with options traders, and I have yet to find one who can make more money that a straight futures trader. What I have found, is that the guy who knows his forte the best, makes the most, regardless of what he is trading. It's skill *In* your area of...

I tend to agree. However, my agreement is based on the fact that my forte is daytrading futures. I only know simplistic options strategies, most are better off used to cover futures contracts as insurance than anything. If you get a guy who is good with options, he's going to disagree with us.

I prefer to be in, and out myself. I like to enter in the direction of massive momentum. if it does not instantly do what i think it should, I exit. Often I end up with very small, hardly clears commission wins instead of losses that way. however, do to my rapid exit, my wins are generally small...

The only problem with this plan is that the firm holding your funds will go "MF Global" on you, and you will loose everything, even if you are wining in the trade itself.

I don't have any problem daytrding. In fact I prefer it, because it limits my risk exposure due to me just not being in the markets while I sleep at night.

A Simple Day Trading Strategy - YouTube Ok, I have used almost this exact strategy myself. The differences were that I added the 4 bar, and 9 bar moving averages. Although i did eventually drop it for another MA/BB method that gets me in sooner, and out closer to the end of the swing. But that...

Hmm, my second comment here. You have a page basically stating that "TA is complete crap!" From your FAQs http://rockwelltradingscam.wordpress.com/faq/ http://rockwelltradingscam.files.wordpress.com/2011/11/what-about-technical-analysis-extended1.pdf I have been using technical analysis...

I have been reviewing a course recently. One of the big things it stresses is to paper trade for an exceptional amount of time. It recommends at least 9 months, or however long it takes to develop your skills so you win at or near 80% of the time BEFORE risking real money. In my experience...