daedalus

Yea with exchange fees i'm actually paying 4.80/rt through TS. If I can turn this account around I plan on keeping a small account to do 10/trades a month on to cover the platform and then keep the actual big account with Infinity which has offered much better raters.

blah day. To be honest, I wasn't paying attention when the big money hit this morning... Basically a wash day.

Very nice BF solid performance!!! I personally screwed the pooch today but this thread is about posting the good with the bad. I am glad I got knocked around and lost as much as I did this AM because there was such a simple observation that would've avoided nearly every loser this morning and would've kept me about -10.00 at the end of the morning rather than -212.50. I couldn't believe this was right in front of my nose all along. So I used this simple idea in the afternoon and what do ya know... I hit it out of the park (by my standards at least). Two of the NQ trades (for about -80 net) were not valid setups but an idea i just wanted to try out. Anyway, too much info. I screwed up today but I learned a lot and I didn't draw down too much considering all the wrong I did! Taking tomorrow off due to FOMC. Its a "no edge" day for me personally!

With FOMC later in the week i'm sure there will be more than enough opportunity for you to make up for it!

New method is working great... setups are coming real real easy. The one loss I did have I was taken out at the low tick... before the market went +5 straight in the air... lol. This is by far the easiest trading i've ever done. Hopefully we can keep it up. All of this is on sim (as the accounts would suggest!). Cheers!

FYI - I lost -162.50 after some DOM issues this morning on rollover... But i'm going to be simming today through next friday for starters on a new idea. I'll post up results still but they won't be real $$$ for at least a week while I vet this new idea. Cheers!

Thank you very much!!!

Anyone know if it would be possible to modify the code to put the dot on the bar it actually signaled rather than the swing high/low? I find my entries and the dots firing off often coincide to the exact bar, but sometimes I think they are sooner and vise versa. But its impossible to backtest the idea because you can't tell for sure when the actual signal would've taken place using the current code. I've tried to modify it to no avail. Anyone able to help?

I too had a wash day... (negative if you include commissions). But unlike yesterday I didn't make any mistakes or mismanagement. This was simply the outcome of what was there per my rules.

Wise words. Long story short - I traded like a little bitch and I got what I deserved. Next day please.

Screwed the pooch today. Could've been profitable but I took +.25 on a textbook 7pt move this morning due to mismanagement and got caught in a megaphone pattern in the afternoon. Disappointed in my execution overall.

TS doesn't have visual order like MC. One of the archaic things about the platform that really shows its age.

Without looking at it too closely why are you using a risk factor of 1 and a reward factor of .5? Unless your hitting like 90% win rates it will lose money in the long run will it not?

Got into a trade this morning that I shouldn't have... Other than that it was an ok day. About average. Nothing to write home about but profits profit and I'm happy to have more now than I did this morning. Hell, considering this is on a 4k account its 2% on the day.... lol.

Long story short i'm still tweaking my method and I finalized some stuff today that came to my attention after taking two back to back losses. My entries are a *tad* too aggressive. By backing off maybe 7% I can avoid catching a lot of bad trades. Even so, I didn't trade well. And there was more than ample opportunity for me to walk away with money today and I didn't take it. Disappointed with my execution. Oh well... It could've ended up a lot worse than it did. And when I consider how much money I have paid in losses I didn't need to take over the past two weeks I'm happy I realized this simple flaw in my entries. So all in all... one down day to figure out an integral way to make more money more of the time? Well worth it IMHO. Brownsfan - even though for right now its just you and me... at least it proves that there are two honest traders out there in the world!

Got knocked around this morning taking a loss that was valid, but almost 2x's my normal stop amount... had to play catch up. Was waiting around and passed up on a lot of valid profitable stuff for Beige Book to come out this afternoon. Then I got stopped gunned for another loss (swing low held but the pit ramed through it by 1 tick). Overall a rough and not very profitable day but I did what I needed to do and we walked away with more than we walked in with.

I'll play Trading 1 lot on the ES... just getting on my feet again this year after having to sort some methodology issues out. Yesterday was basically a wash, though traded correctly. Today I missed an easy +2 in the morning due to getting to par too quickly (and being a pansy) but redeemed myself a bit in the afternoon with solid signals, entries, and mgmt.

Funny enough I just got this email from them... At the very least maybe you could attend and see if they spike on your b.s. meter.

Yea... but I still appreciate you posting it up! It gets ideas flowing one way or another!

Updated chart. Anyone feel like getting long?

Lets face it.... if it did pass there would be a massive flight to the forex markets overnight.

^^ my only complaint with it is that its very easy to see those nice "circle shaped" signals that work perfectly in hindsight and to be able to pass on the expansions that expand further or make these megaphone patterns that would chop you up... but in real time i'm thinking they would all look alike so how do you filter out the good from the bad? Anyone got ideas for being able to spot the good expansions and pass on the bad expansions?

Looks to be a really solid concept! Can I ask what its based off of? Almost looks like a modified DMI?