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i hope too see timefreedom or programer post some charts for comparison this week -not worried about the trades just there thoughts through the charts -like starts -exits -or why there exited -jumpers -secondary charts they may watch to keep them in a trade or get them out when the gettings good -
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Tomorrow will be July 30th, the 212th day of the year with 154 days to follow, we will also be in the 31st week of 2012
he wanted to know how i would use these numbers for the ma's today -its all in what i see that day in a number -12 and 30 +31+1+5+4+2+2 =75
so 12/ 75 remember its the system -of the floating ma -the numbers have to be in a range with the chart you choose to keep your 7 tick risk at a maximum -and to allow you to enter as many trades in a day as possible in the 7 tick risk zone - so if you try to trade a 10 min chart using those #s with our outlined risk it most likely wont work -
but if your desire for risk is 4 points it may work all the time -
dial in the chart your comfortable in using for speed of your style -then work on your ma's combination thats works with the 7 tick risk ,or lower risk, if thats even better- then back test it on every stock ,and futures chart until your satisfied with your results -you will learn that you have dialed in a chart style that yours and only yours -untill you share it with 30,000 friends :tape:
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
here is a segament of chart from today -if you ever wonder why a trade goes against you -right after you enter the easy edge system can show you the answer-
1- you short 1384 per system -the trade goes in our favor all of 1 full point -
2-trade goes long @ 1383.75 -you dont know this system and the trade is now 3.5 points against you -
whenn the proper thing to do was exit out of the short and go long after only 1 tick of profit -
i guess what i am trying to show is why a trade goes wrong -please also refer to post 470 and 527
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
we had to make and adjustment to F16 's trading account -for the past 2 weeks she was letting me know her drag and drop function was not working anymore -
for example - 7 tick hard stop could not be dragged up or down to make it a fast 2 or 3 tick loss -everytime she did the drag and drop it would pop back to the 7 tick spot -so we added a contract to the account -so now we have 2 available but will still use 1 for trading and bracket orders and the 2 nd one will be used for emergency purposes only -
always remain flexible
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
a few system turns on another low volume day - congrates to timefreedom for noting we rolled to a 400 tick chart due to volume -a few good runners in this tight range
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
F16 was skyping with timefreedom while she was in this trade -it was a jumper and we were watchin the A&D which was confirming to me to hold the long position -after a long wait she banked 5 ticks
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005