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TinGull
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Everything posted by TinGull
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Im not sure if its available in a line on close chart like I've got it. It is available as the TickDelta indicator, and I think that walterw wrote one that is an oscillator type.
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RAM price is always falling, but if you keep waiting for the cheaper price you'll be always without it. If the RAM is 65 bucks for a 1gb chip...I'd get it. That's about what I paid recently for my RAM upgrade on my Mac.
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Thats a Volume Breakdown indicator. It's showing the net difference between the number of contracts sold vs number bought. It's great to see in real time as the buying or selling starts decreasing coming into a pivot point.
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I use the pivots on the pit session hours with the electronic markets, and they work very well. Here's one from the beans on Thursday...
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Day session of electronic.
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For those that know how I trade the YM, my plan is to trade wheat and soybeans exactly the same. I won't be making any changes to my setups, and they seem to work perfectly well in this market too. Notice here on Thursday, we see wheat take off, sell off into daily R1 and then we see selling pressure decrease (showing a strengthening delta) and then price rallies again.
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It really shouldn't matter a whole ton to get from different manufacturers. I tend to get from the same...just cause I get that way about my gear...but I dont think it would matter.
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I personally use the regular ol' classic pivot calculations: R4 = R3 + RANGE (same as: PP + RANGE * 3) R3 = R2 + RANGE (same as: PP + RANGE * 2) R2 = PP + RANGE R1 = (2 * PP) - LOW PP = (HIGH + LOW + CLOSE) / 3 S1 = (2 * PP) - HIGH S2 = PP - RANGE S3 = S2 - RANGE (same as: PP - RANGE * 2) S4 = S3 - RANGE (same as: PP - RANGE * 3) I use only the 9:30-4:15 session for my calculations, and find that they work perfectly well. I also use Market Profile "value area" pivots to trade from.
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JC is wrong when said that stuff about the demo account. Notice on his first 10 lot he got taken out without the bid being above his offer? That would not happen in the simulator. The sim makes it so that the bid must touch your offer. I did sim for a few days last week to help me figure out if I lacked confidence in my setups or if something else was wrong emotionally. My setups are on fire, so now I feel much better. The AT platform kicks butt!
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Hey dupaski, I actually haven't been trading this at all. I was always searching for the next best thing, and I thought this would be it. I went back to my old ways and am doing much better. Sorry to not keep it up.
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Regarding this statement and Infinity's sim...thats not true. There are plenty of times that I won't get filled at a price when someone I trade with will be trading live and get filled at that exact price.
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Trading when there has been a personal tragedy
TinGull replied to Nick1984's topic in Trading Psychology
My mom passed away last summer (at 53yrs old) and at that point was when i took on trading full time. She was a lady who lived the American dream, owned many of her own businesses and worked like a dog all her life. So...I took a cue from that and decided to continue on with her legacy of working my butt off to succeed and provide for myself, and not have to answer to someone else (except her when she haunts me in my dreams! hehe). Dealing with personal tragedy, especially a death, is very tough. But...I don't look at it as a bad time. I look at it as a great entry into something new, a different path to walk down. I know my mom wouldn't want anyone sad over her departure, so I'm not gonna do that. Anyways....just ramblin now....But I say if tragedy strikes, get on with it. If it takes only a day to get over, thats great! I took about 2 weeks off from trading after my mom passed, and got back on the bandwagon. -
Just curious as to if anyone has had dealings with this site? A fellow board member brought it to my attention, and thought it looked interesting from a VSA standpoint. I think eSignal has a Hawkeye indicator system, as does tradestation. Just an interesting site.
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The TTM room was great for me the 2 weeks I was there. It was nice to hear and watch great traders do their things. Hubert the other day was down almost 20k, and then ended up positive by almost 30k...thats on the day. He's a monster trader and JC is good too. As everyone else has said...the setups don't always work. I didn't join the trial membership for learning setups or learning how to use indicators or whatever. I joined because I dont have the opportunity to see a profitable trader work where I live. This gave me the opportunity to watch 2 guys in real time as they earned their money. It was great for that, but not worth paying 400/month for I dont think.
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Ive been experiencing no delay the past 2 days or so. I'm also on fiber optic connection.
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TL getting more popular each month!
TinGull replied to brownsfan019's topic in Announcements and Support
Soul, as I said before...if you need help with anything just hollar! -
TL getting more popular each month!
TinGull replied to brownsfan019's topic in Announcements and Support
PP, you didn't get the memo? Soul is flying us all out to Tokyo for some drinks when the 5000th member signs up hehe -
Welcome Pippy! I trust your a forex trader?
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Discretionary here.
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How often are you making trades? Are you primarily intra-day trading? Or are you swing trading over days/weeks?
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Hi al, welcome to the forums! A good way to look at a trailing stop is the ATR (average true range) of the last 10 bars. This will give you a good idea of the current market volatility for whatever market you're currently trading, and you can adjust your stop accordingly.
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Nice, yes. Will definitely be doing that Thanks keymoo!
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Yes, I do. I have a 10 point protective stop on my trades. Timing does have to be pretty precise and all my trades are entered with limit orders.
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Excellent. Care to share any of how this works?
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I will attest to trading a single car vs multiple cars. Basically, my story is such. I started day trading after realizing I wasnt the kind of guy that liked holding a position overnight. When I started, I said...I will trade 1 car until I felt comfortable, then trade 2. That was about 6 months ago. Then, one of the board members (actually a few) taught me about the wonderful thing that is trading with multi-contracts. Money Management starts to become amazingly wonderful, and if I had done this from the get go...then I'd have saved a LOT of cash on losing positions. This is how I do it right now. After 5 YM points, I cut one car off and move my stop to breakeven - 5. Now I'm in a scratch trade at the worst. Then, my other I will take off at +10 if the market conditions warrant that, or I will take it off at +15. Many of my ultimate 10 point losses in the past would have been avoided had I used this strategy.