SwingTradinJay

Took the indicators off. I discovered an easy way of determining a single pivot area for each day. Nobody uses my system, because it's not based off of common criteria. Money management is #1, system #2 and psychology is #3. Line em up and start knockin down profit everyday.

Looks pretty. Pretty things are usually not helpful, except women, sometimes.

Um, Thinkscripter isn't "free". Here's a squeeze script (TOS) for anyone who needs it.. plot Data = close; declare lower; input Length = 20; input price = close; ###################### def e1 = (Highest(High, length) + Lowest(low, length)) / 2 + Average(close, length); def osc = Inertia(price - e1 / 2, length); plot oscp = osc; def diff = reference BollingerBandsSMA(length = 20)."upperband" - reference KeltnerChannels."Upper_Band"; plot mid = 0; mid.AssignValueColor(if diff >= 0 then Color.UPTICK else Color.DOWNTICK); #oscp.assignValueColor(if osc[1] < osc[0] then Color.green else Color.red); oscp.AssignValueColor(if osc[1] < osc[0] then if osc[0] >= 0 then #UpPos CreateColor(0, 255, 255) else #UpNeg CreateColor(204, 0, 204) else if osc[0] >= 0 then #DnPos CreateColor(0, 155, 155) else #DnNeg CreateColor(255, 155, 255)); oscp.SetPaintingStrategy(PaintingStrategy.HISTOGRAM); mid.SetPaintingStrategy(PaintingStrategy.POINTS);

I buy Express... but banana republic is good stuff

...#962,432,422 Revenge trading and chasing losses.

Stop for now, get a job, and paper trade. You can't expect to make enough to support 3-5 people...It's going to be hard work just to support yourself-on a budget ! This aint the easy life, and 42k is a good start, but can be eaten and digested in a heart beat if you play foolishly.

Anyone here use a Heikin Ashi Oscillator (HACO) to pick off trades? It can be used for scalping, trending, and everything inbetween. I had to pay for the indicator, about 10$, but it has paid for itself easily. Here's a screen shot, eur/jpy 1 min chart and 2 min chart, indicator set to 200/200 up/down trend.

Lol, good movie indeed! Let go of those losing positions. But, at least he was able to write a book about about evading police, going to jail, and getting cancer...Doesn't sound like a fun life! Typical trader trying to milk a few U$D out of the situation lol.

You would be surprised man, a lot of people fall right into it, because they think they can buy the pot and force you to fold. Aggression/ego/chip lead plays into it. Also, when you actually have something, people may think your bets are overly strong, AKA bluffing...it becomes so distorted lol...especially if you tell them out loud you bluffed last hand, which is a total lie, then their just like wtf is going on ? lol. It even happens to the pros...I've seen someone try to buy a pot to get re-raised all in. It leads to a nasty fold or wipe out. You chose the part you play, im always passive and folding, slow playing, then sometimes mixing it up with 100% bluffs. sure, the opponent could turn or river something...there's risk in any poker situation. but I would much rather slow play a good hand than suddenly all in, because the opponent will just fold it most likely...it's really only for good hands, in which you don't want to set off "alerts" ive seen perfectly good str8's on the flop, all-in...well ofcourse you fold, they gave away their cards via betting tell. id say bounce between slow and aggressive play. believe it or not, i've checked trip aces and turned into quads...I took em to the cleaners alright :) I remember listening to a pro on WSOP or something, saying you should LOOK for every reason to fold. Always assume the worst basically.

Gotcha back to backtesting zzzz.....

I recently purchased 2 indicators scripted by Thinkscripter, and I have to say it's the best cheap investment so far...Heikin Ashi Oscillator and a Squeeze indicator. If you guys use Think or Swim I would recommend this guy's work.

Love poker personally...hate the bad beats on the river :\ So annoying! I love checking on big hands, then re-reaise slowly and put them all in suddenly

Why are you quoting me? Those questions are easy enough to figure out...I said it takes more composure, which is separate from having a technical edge...It means you're under even more control and emotional constraint. I said 20 pips for stops because that's based off of my style. So whatever floats your boat dude and its all dependent on your style and time frame. What I should have said was, have a ratio around 1:1-1:4 in that range, If you REALLY wanna get technical...So a scalper may risk 10 to make 20 or 30. Swinger may risk 100 to make 300 etc etc. Figure it out for yourself svensa. No need to be a Donkey. There's no right way to trade, my advice is merely my opinion after 3 years of being in the market(s). OP should know it is possible, but you DO need to play it tight and very controlled. Get the most bang for your buck.:missy:

Copious amounts of Cocaine should help your concentration! Heavy doses of Amphetamines should do the trick! Just kidding of course! I prefer a stiff coffee or energy drink to keep my mind on matters. It also helps when you may be feeling a bit sluggish. Make sure you have had your breakfast. I have 2 monitors so I can multitask. I'll have my chart of what I'm trading on one screen, and I'll be playing poker/utube'ing/e-mailing/chatting on the other one...So when you're ready to pounce you won't miss it. You can't trade every opportunity, just keep yourself prepared...and if you're a scalper, there's NO such thing as a "missed opportunity" because the patterns repeat dozens of times a day. I think a few distractions are ok, because sometimes the sidelines can be a good place to hang. It's unrealistic to trade everything...I trade FX, so I must make sure I'm always watching, but only trading PEAK hours/setups.