kuro

Hi Brownsfan, I have it, a pretty good book. Much more readable than something like Al Brooks.

Yes. A pump and dump scam. Maybe wait until it hits $2 and short. "Goldman" is Goldman research, not Goldman Sachs and Goldman research was paid US$15,000 for their report. You do the math.

Reminiscences of a Stock Operator Great book, I re-read it every so often.

TT has an API., and does not use EasyLanguage. Why not just use the X_TRADER API?

In NT Volume is an indicator. So look for the VOL indicator, add that and 'Bob's Your Uncle'

Congratulations James! It is hard at first , but it is really worth it.

Hmmm ... the last three posts in this thread are mine. I guess this thread is dying.

Well, I had a better day today. A nice choppy day suits me fine. I had two really easy trades right off the bat and I was up 6 points. I thought I would get more aggressive since I had a little wiggle to play with. But instead I became more cautious and started scratching trades and that is when I just called it a day. So far this week +289

This is an image from the first two days. I usually do my performance for the week for myself, so I think I will start posting what I normally look at during the day. Well, I actually don't look at my P/L until near the end of the day. Monday I had a crappy day, I set my NinjaTrader ATM on my DOM, but didn't set it on Chart and I entered the first trade of the day on the chart and without out an ATM I had a one tick reversal and lost 10 ticks before I closed it. Blah. Such is life. Anyway, two days , down 13 bucks after comms.

Thanks, those were two of my better entries. I took NO heat on either of them which is rare. A long, long time ago, when I was swing trading a lot larger account ( Not futures ) , my better half would freak out over the P/L fluctuations on the screen from second to second. It didn't bother me because I had the account to take a hit then. I am trading SIM, but I trade just as I did when I was trading live emotionally , but the smaller account I am trading now just messes with me. I will just have to grind it out until I get the account size to where I can trade 2~3 contracts. That is an account size where I feel comfortable, not just by daytrading margins.

My problem is still between my ears. Wed & Thur were flat. I traded but I did not get anywhere. Today, Friday, which is usually a harder day for me because the late morning gets thin, gave me some good opportunities. I found myself taking profits when the price stopped moving on the DOM, instead of trailing. The average time in these two trades was 42 seconds. The first trade, I wanted to put a win down just to get something. That first trade I convinced myself that since is was a Friday, we probably were not going to get a decent move, and I should scalp. The second trade came along and I took profits way too early. I am profitable for the week ( in SIM ) so that is a good thing.

Decent day back five trades. I rate 4/5 trades were executed well. I missed one because I was too slow on the mouse. The second trade I was stopped out to the tick before a 10 point run that would have been in my favor. I still count that trade as executed well because in hindsight , I would have done the exact same thing.

No, in MarketDelta it would be the the "Volume Breakdown indicator", and in TT it would be CVD I believe. I wrote it to suit my preferences. If the Volume Breakdown is going my way, I am looser on the stop loss, and when against me I put my stop very close. If it goes against me early in the trade, I just try to scratch the trade. I am still learning how to use it, so it will take a while.

Did not get a chance to trade on Monday. Today was a good day, I hit my target and called it a day. I have been using a Volume Balance type indicator to let me know when a move is over and it has taken me last week and this week to integrate it into my style. I don't want to have fixed targets, so I am trying to stay with the trade as long as the market is trying to give me something It has helped a lot. Also, last week I switched to tick charts after watching both the 5 min and tick charts. It was not easy because I usually don't change more than one thing at a time to my method, and last week i changed two.

beyondMP, Are you sure you are not thinking about a stop market with protection? What you are saying does not make sense. An order sent out as a stop limit is a stop limit.