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nakachalet
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Everything posted by nakachalet
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am very sorry trader001. i just come across your question just now. my apology. esignal is my first choice though. i check in often at nakachalet@gmail.com
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ARE THERE ANY BETTER SETUPS THAN THIS?
the economics are worsen and the markets are turbulent but at the same time obliging, cooperative and giving for those getting on the chu-chu train on time. hope everyone is on the right kinder side of the market today too.
some how today, there is no button for me to click to attach pix without url?
can anyone kindly assist, pls? thx much.
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to relieve our stressful trading hours and days.... may i present for your immediate relief and bemusement some pix.... the blue triangle denotes long .... and the red bar denotes short .... enjoy everyone.... hope everyone have a wonderful trading day and made a bundle as well.... :deal:
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the pix shown below is on crude from noon to about 2 pm 2011-09-14 wed the blue triangle going long, the red bar going short.... hope everyone enjoys the pix :missy:
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tams, my trading friend from a distance land.... if you like, this pix is for you, K? enjoy everyone and hope everyone made a bundle in your specialities today.... :shocked:
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sorry, am not very good at posting pix, some parts were missing from the first pix. hope everyone would enjoy.... and some may be inspired to even come up with some other kinds that would even out perform this elusive holy grail.... thx everyone and happy trading :deal:
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davet alright, can your indicators and others in your repertoire beat my humble indicator as shown below in gold futures this morning....? :haha: the blue triangle denotes long and the red bar denotes short.... just want to see if you have anything more accurate....? :missy: am not a vendor and just post up this morning more for fun than anything else.... however, trades were taken on those signals this morning.
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i admire your ability to say it so concisely, much more concisely than what i was trying to say in my post above and repeated below. thx much. ------------- frankly speaking, it depends on who do you ask and whom do you talk to or with....OK? for many serious traders on board, it just takes the initial deposit of whatever.... and a few minutes, hours.... or so of waiting PATIENTLY AND VERY PATIENTLY for the personal super setup to develop on your 42 inch digital screen.... did you say.... $200....? well, when that setup develops before your eyes.... the entire process would probably take one to two minutes or even lesss.... to generate $200.... yes, in gc, cl, tf, 6e and some other markets.... and many of you would know, i meant every word i said.... unless, if you have not had the privilege of being on there yourself.... you would of course accuse me of biting off more than i can chew.... which is also alright with me too.... no harm done....
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frankly speaking, it depends on who do you ask and whom do you talk to or with....OK? for many serious traders on board, it just takes the initial deposit of whatever.... and a few minutes, hours.... or so of waiting PATIENTLY AND VERY PATIENTLY for the personal super setup to develop on your 42 inch digital screen.... did you say.... $200....? well, when that setup develops before your eyes.... the entire process would probably take one to two minutes or even lesss.... to generate $200.... yes, in gc, cl, tf, 6e and some other markets.... and many of you would know, i meant every word i said.... unless, if you have not had the privilege of being on there yourself.... you would of course accuse me of biting off more than i can chew.... which is also alright with me too.... no harm done.... :missy: happy and profitable trading everyone
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perhaps, the more appropriate title would be.... ON MY OWN SCREEN--price remains stagnant for.... in addition to what others already mentioned.... numerous other reasons could have caused your screen to freeze or your particular product screen to NOT to move nor show the then current price structure during your cited time and period. especially, your broker ib signal feed (sorry ib) is surely not the best nor the more reliable signal feed company standard to use for trading real money. no, i am not remotely associated with any of the signal feed companies locally nor globally, but have in the past tested many different feeds. it is not a good practice to say in public which three or four are my personal choices, but i would tell you in private which i prefer, k? and ib is far down the list, sorry again ib.
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:haha: finally.... at long last.... univ of iowa.... might be becoming universally famous after all.... wonder, if they would take euro instead.... won't they....? :missy:
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ohmshontee my utmost admiration and esteem for you and for anyone who have such unequalled will and determination and self control which most traders lack.... on the way to consistent profitability in their trading career. 3 cheers to you too. :missy: shabbat shalom to you and everyone :applaud:
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--------------------- PaperClip nakachalet What Would Experienced Traders Consider As EXCESSIVE TRADING....? Yesterday, 09:13 AM Tams Re: What Would Experienced Traders Consider As EXCESSIVE TRADING....? Yesterday, 09:36 AM brownsfan019 Re: What Would Experienced Traders Consider As EXCESSIVE TRADING....? Yesterday, 11:28 AM electroniclocal Re: What Would Experienced Traders Consider As EXCESSIVE TRADING....? Yesterday, 12:50 PM SIUYA Re: What Would Experienced Traders Consider As EXCESSIVE TRADING....? Yesterday, 03:40 PM wrbtrader Re: What Would Experienced Traders Consider As EXCESSIVE TRADING....? Yesterday, 06:22 PM zdo Re: What Would Experienced Traders Consider As EXCESSIVE TRADING....? Yesterday, 07:58 PM Tams Re: What Would Experienced Traders Consider As EXCESSIVE TRADING....? Yesterday, 08:10 PM zdo Re: What Would Experienced Traders Consider As EXCESSIVE TRADING....? Yesterday, 09:32 PM ------------------- I WOULD BE DELIGHTED TO LEARN FROM ALL OF YOU, GREAT TRADERS INDEED.... may i pay homage and tribute to all you great traders.... 3 cheers for you all.... :applaud: :applaud: :applaud: and here is the rest of the pix which was left out from the original.... :haha: i truly admire all your insights and experiences.... may your trading days be overflowed with absurd profitability, joy, pleasure and happiness.... it is a little scary, when the green low 4-digit appears at the end of the first hour! thx a mil y'al for taking your time, much appreciated and very much humbled by all your responses as well.
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Introduce Yourself Here - Don't Be Shy!!
nakachalet replied to trading4life's topic in Beginners Forum
before going on live trade, show us some of your statistics, if you care to, K? trading paper and trading live are really quite similar and yet quite dissimilar in many different ways than one can imagine.... you really need to have the complete package of trading other than what you show us here.... the complete trading package could include but not limit to: 1--detail trading objectives, goals and plans; 2--personal statistics on past successful sim or otherwise; 3--personally devised past successful trading strategy; 4--personal reward/risk goals and objectives, and; 5--financial resource management plan. do whatever you like.... K? you are the absolute master of your own trading destiny.... wishing you plenty of luck and fun trading sim or otherwise.... :missy: -
best advice so far.... keep it coming pls.... may i ask, which products do you trade, pls? like your sound and down to earth advice.... :missy:
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boredom....? boredom and loneliness....? hummm.... what do they mean.... in the life of a live trader.... pls? :missy:
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i am just very curious just how do you explain over trading.... or what would you consider as over trading.... ....I would say that the biggest challenge you face could be as you pointed out... over trading and not being as patient.... just when does a trader over trade...., pls? would you consider trading 30 times overtrading, excessive trading, ruinous trading or crazy trading for that matter....? before you take on this issue, pls do look at the attached and see.... if you agree that it is way too excessive and obnoxiously overtrading.... for any joe and jane traders? AND ANOTHER POINT.... in mho, it is not a good idea to have anything other than your trading monitor in front of you when you are trading live and for a living.... anything else will quickly become a distractor and anything else will also drain your concentration and liquid resources away from you.... oh, well.... this is just a one man opinion, ok? Marubozu?
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little joy, xiao si.... i think you'd better stick to testing out your trading plans before anything else.... it is disgusting to give away your yuans without even a good struggle.... thai girl? chinese girl? indian girl? american girl? french girl? whatever.... i am afraid, we won't have enough to make them happy for too long.... :rofl: :helloooo: sticking to your trading first.... everything else that are important to your life will materialize eventually.... this i can guarantee all of you....
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xiao si.... <little joy....?> i couldn't believe what you decided to do.... really? .... :haha: The next 3 months will be spent developing my business plan, trading systems and working to test, validate, execute and implement those plans.... well.... most traders in other parts of the globe would surely not going full time on your premise.... for sure....! to go on full time, a trade ought to have already solidly tested out trading plans, well researched and proven personal stats, well proven individual strategies and specific reward/risk ratio money management according to one's own willingness to throw away whatever.... on the other hand, i do wish you well though.... regardless whether you go on live and full time now or later.... ok? best wishes and we are rooting for you and your effort.... may your returns be multiplied many folds.... :missy:
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Specifically, if a trader pulled the trigger 30+ times in the opening hour.... would or could it be considered in your learned experiences as excessive and/or lunatic and/or moronic and/or suicidal.... and/or all the above combined together....? here is the doc from his trade this morning on tuesday, august 30, 2011, USA east coast time zone.... what do you think traders....? :crap: just how excessive is excessive in your experiences? :haha: :haha:
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:applaud: :applaud: :applaud:
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6 Tips to Feel More Alert and Focused During the Trading Day
nakachalet replied to TimRacette's topic in The Markets
i am almost there.... three scores and ten.... in actuality.... but i must confess, i only eat 2 meals a day.... and without any sort of meat, fish or others.... and i trade relentlessly.... besides, i also look after some very young kids of my own.... lol in addition to looking after biz and other activities.... and i do not eat between the two meals.... however i do drink healthy dozes of water, coconut juice and other topical fruits juices every hour on the hour.... my longevity, living and life style are probably in direct contradiction to many advices proposed and given on board here, sorry.... and i do meditate and worship my God every hour on the hour as well.... which could have a direct bearing on my healthy and healthful life style and living.... and i rest and sleep wherever and whenever i can find a 5, 10, 15 or 30 minutes span to just rest.... -
Gann says it (STOPLOSS) depends on the amount of profit you prefer on a specific period of time. to many other traders, stoploss might depends on the amount of profit.... but to me as a trader, my stoploss is totally and absolutely independent of the projected profit which in and of itself has nothing to do with my stoploss.... to me, they are totally two different identities, factors and functions.... my profit is whatever the amount the market will allow me to indulge in after the trigger.... whereas my stoploss is set there to tell me to eat my humble pie and that FOR THIS TRADE AND FOR THIS TRADE ONLY.... my trading plan, my statistics and my strategy, all fail me and that i am absolutely and unequivocally on the wrong path and direction.... HOWEVER, my risk/reward money management alone is correct and is a saving grace for the day and for me as well.... in that i only return 9 tics to the market.... without which my loss might be substantially more.... many guru would argue that in order to trade to profitability, traders better have a 3 to 1, 4 to 1, some (john) even advocates 7 to 1 reward/risk ratio.... some might truly have that extraordinary insight and ability to set their trade profitability to 7 to 1.... but i must confess such uncanny insight is currently not in my trading repertoire.... but i am still learning and is wide open for this sort of profitable suggestion.... thx everyone and have a profitable trading day. :missy:
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you are on the ball and also on the mark as well. however there are many guru of gann who would argue otherwise and woudl try to interest you to buy their interpretation of gann applied to trading profitability....
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It seems that the smaller the account size, the higher the risk a trader takes. Trading is not a get-rich-next-week game. Somebody who doubled/tripled their account size last week/month has traded at huge risk levels and been lucky, nothing else. It can't hold up over time. Continuing to trade at that level really does bring ruin, with absolute inevitability. The focus should be on how to minimise risk, However pretty the outcome looks on paper, you have to travel the whole road to get there, including trading through the drawdowns. i'll drink a glass of oj to what you said above.... you are apparently another noted trader to be reckoned with.... :applaud: :applaud: :applaud: