Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

timgallaway

Members
  • Content Count

    6
  • Joined

  • Last visited

Personal Information

  • First Name
    TradersLaboratory.com
  • Last Name
    User
  • City
    New York
  • Country
    United States
  • Gender
    Male

Trading Information

  • Vendor
    No
  1. I don't have exact details on time if the trades, I closed my "fill window" in TT Trader and loged off before I remember to save the times. I'm still using TT trader's MD Trader DOM for order entery. I switched to SIM mode for the testing of this setup. Below is a cut and past of a notepad log that I kept today. TRADE LOG FOR Setup 1 ---------------------- 4/6/09 1 contract Trade - Good early w setup, not clear on indicators, LONG 1 contract Trade - Good 4 tick profit, 6 tick stop, SHORT, short skew 1 contract Trade - Good 4 tick profit, 6 tick stop, short skew 1 contract Trade - bad 6 tick stopped out, 4 tick profit target, LONG in short skew- entered too early into the fade. only one indicator confirmation. 1 contract trade - Good 4 tick profit, 6 tick stop, LONG in short skew, Better entry from last trade. waited for fade and other indicators to confirm. 1 contract trade - Good 4 tick profit, 6 tick stop, LONG in short skew 1 contract trade - GOOD 4 tick profit, 6 tick stop, SHORT in long skew 2 contract trade - GOOD 4 - 6 Tick profit, 6 tick stop, Short in mixed skew 1 contract trade - Good 5 ticks profit, 6 tick stop, Long in Mixed skew 1 Contract trade - Good 4 tick profit, 6 tick stop. Short in mixed skew For charting I'm using Ninja, as pictured below. Ideally from what I've read, a 1 to 1 ration is ideal for profit target and stop loss. But since I'm only trading 1 contract, I figured I may as well get out ASAP and still give it some room for the stop due to volatility.
  2. DB, dude I'm in NY.. LOL Thanks for the info above.. I think what I'm looking for is someone to show me or let me know how to be profitable consistently.. on my own, I'm up and I'm down.. staying suspended and not making any money but yet thankfully not losing money. As for the mentors and rooms that I've joined.. once I allow myself to "accept" their strategy and breakaway from my own, I tend to LOSE and lose big.. and it's not because I'm not letting go of my habits.. I have no problem with that.. I just need something to learn that works.. and is consistent Because quite honestly.. there is nothing worse than me letting go of my habits / basic strategy for something or someone else's strategy that doesn't work and loses money. That's like getting shot with your own gun. I use X-Trader with X-Study for charting. It sucks. I need to get TS or something similar.. I think that's my starting point.
  3. I'm looking for a mentor or a trading room with an educational bias. I've joined several that after a few weeks it was obvious that I can be just as successful as they are on my own with basic charting setups (ie EMA and SMA, stochs and MaCD). I need help. I've read so much online literature over the past 4 months my eyes are about to pop out.
  4. Can you please recommend some because I'm gonna go broke trying to find a legit trading room!!!! Thank you.
  5. Does anyone happen to know if I can import this indicator's script into X_Trader's X-Study charting tool? Thanks.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.