SunTrader

I agree 1000%. Unless that is you say I'm being too risky to use that high a number.

I don't claim to be emotionless with my losses because they are a part of any business. But if I don't have the discipline to follow my plan then I should plan to find another business. So maybe it is just me but at 2% loss per position, max 3 positions at any one time (not a recommendation, but what I have found works best for me) it is still a 2% loss per whether or not I double, triple, quadruple my trading account balance.

You do realize he has gone bust ........... TWICE!

As Sting once wrote in a song: I will turn your face to alabaster Then you'll find your servant is your master. ES rules now even when factoring in it being 1/5th the size of SP so the arb is the other way. Today 1.7m contracts traded vs under 10k But it does exist, only in fractional seconds though for the guys along side the pit.

Because sometimes price just doesn't "get the memo" and cooperate with a logical count. That is when the EWers, who always follow the rules, label everything with X's and Y's and who knows what else. If a five wave EW pattern has a wave 4 that overlaps wave 1 slightly is it not a 5 wave EW pattern. The unbending rule followers say no it is not. I analyse my trades but don't call me an anal-yst.

Who he? And yes the benefit of EW counting (the roughly 50% of the time it is actually present) is to say not only a reversal is likely but at a minimum the trend is likely to be over soon and odds are against a new position taken in the direction of current trend.

That might be how you look at it. I let the chart (prior time and price action) tell me where my risk is. Don't have a clue what profitkeeper is but then I like to keep things simple.

Or another way to look at it is - is a particular trade 10 or 20 times more likely to win than another? Doubtful.

Similar yes but not the same. Unless .......... you go "all-in" then it is win or (blow your account) go home. But for anyone to say that a routine 2-3% risk should adjusted to 10 or 20 times that amount because the probabilitites suggest so just doesn't understand what a career in trading entails.I understand one size doesn't fill all but seriously folks. A doubling of a 5% risk to 10% is reasonable or something along those lines but going from single digits to 30, 40, 50% is playing with fire.

The typo wasn't the only thing I found funny about your original post.

Well if it wasn't it sure is now. Officially edits :haha: The word is audit.

Divergences like OB/OS levels work fine, except when they don't. How do you determine when they will and will not?

Spooked? :rofl: Seriously it has been over a week. Palm readers or dart throwers don't take this long.

Hey btw it is down pat, not packed. Volvo, really?

NLP receiptor must be out of whack because here ya go boys and girls was in reference to the thread authors one and only post (edit: actually two). Nothing you or anyone else said. If what has been provided so far is good enough for you, thumbs up. But I like to read a book to the end and then draw my conclusions.

Who mentioned anything about bots beside you? Backtesting or something more substantive, besides here ya go boys and girls, would help in the believability dept.

The hell with longterm results. I'm waiting for the realtime trades so I can get a 2nd, 3rd and maybe even a 4th mortgage on the old farm. :yes sir:

If someone has a problem with this then they might as well pack it in.

And I bet he says it as "foe-wid" and not "four-ward" looking. :doh:

True but just like the point "we" have to use common terminology to be understood, "we" have to use probabilities to a certain degree even if there is a .... ummm black swan event (another over used term) every now and then.

Not no more. At a multi-week low.

There must be at least 38 lists how to trade, become a trader, trade from home, trade from your private island, etc.

A work around Microsoft would love.

I agree completely. Above line was too short also. :doh:

che "cosa sono" i vostri riguardi di parole ?