Great observation. What you have suggested is in fact what I do with the Daily Scalping sytem located here: url Happy Trading, Tkimble

Part Time Wealth Building Trading System - Weekly Scalping

Excellent observation... Tkimble

Part Time Wealth Building Trading System - Weekly Scalping

You are correct. However, when I trade I am not only looking for the obvious profit but sustainment of my confidence levels and a stable comfort zone. My rules were defined around my style of trading. My style dictates that I let the profts run. ...

Part Time Wealth Building Trading System - Weekly Scalping

The Stops and automatic market re-entry are placed at the same price. For example, if your stop is at 1.4590, your reversal re-entry should likewise be placed at 1.4590. Happy Trading, Tkimble

Part Time Wealth Building Trading System - Daily Scalping

Feeling anxious is part of what I refer to as "Trade Psychology Leveling" or basically discovering your comfort zone. All perfectly normal. I do not change my stop loss targets. Happy Trading, Tkimble

Part Time Wealth Building Trading System - Weekly Scalping

GBP/JPY, GBP/CHF, CHF/JPY. Really, any pair will work with proper adjustments in the entry and stop prices... Tkimble

Part Time Wealth Building Trading System - Weekly Scalping

You must trade consistent with you comfort level. Can never go broke taking profits. My style is to let it ride. Be certain to trade your style... Happy Trading, Tkimble

Part Time Wealth Building Trading System - Weekly Scalping

Well said... Tkimble

Part Time Wealth Building Trading System - Weekly Scalping

Excellent. Forge ahead. BTW, you should be able to quit your job in one year if you follow the system without waiver. That seems to be the timeline for others that I have coached. It will really boil down to your commitment... Tkimble

Part Time Wealth Building Trading System - Weekly Scalping

Always In Market — Following the daily system will result in constant market participation. The stops and reversals are equal. Hence, the stop is placed at 40 PIPs and the reversal is likewise placed at 40 PIPs. When the stop is activated, the ...

Part Time Wealth Building Trading System - Daily Scalping

Daily Scalping System — Per your request attached is the link to the Daily Scalping System url Happy Trading, Tkimble

Part Time Wealth Building Trading System

Thanks for the warm words. Commit and earn your share of the financial reward that awaits anybody who chooses to trade a sound system. Tkimble

Part Time Wealth Building Trading System - Weekly Scalping

This is precisely why I do not advocate the results of backtesting as a justification to begin trading a system. I strongly recommend paper trading and actual trading on a very small basis if you suspect that a strategy is suitable to your ...

Part Time Wealth Building Trading System - Weekly Scalping

Sorry for the confusion. The "tighter entries" means entering at the open. No 100 or whatever PIP entry straddle... Tkimble

Part Time Wealth Building Trading System - Daily Scalping

You must judge your sleeping patterns around the chart patterns. When a trade looks pending, you do not sleep. I would suggest you look at my Weekly and Daily scalping systems if you want predictable sleep patterns... Happy trading, Tkimble

Part Time Wealth Building Trading System

I agree with this sentiment. Actually, you could trade without even using a chart. The chart does nothing more than provide our eyes with graphical queues which enable us to visualize the system to some extent. It allows us to see the price ranges ...

Part Time Wealth Building Trading System - Daily Scalping

I do not use a TP for any of my trading. Not my style. Like with the weekly system, let it run... Tkimble

Part Time Wealth Building Trading System - Daily Scalping

Your sentiments are the key to successful trading. Adapt your own ideas. Make it work for you. Excellent contribution... Tkimble

Part Time Wealth Building Trading System - Weekly Scalping

News does not make the markets, the markets make the news. I ignore the news completely becuase all news will immediately be translated into price action. I like simplicity. Why read the news and try to anticipate how thousands of other traders are ...

Part Time Wealth Building Trading System - Daily Scalping

The longer consecutive daily trends prevail, the greater the chance that the next days trend will be reversed. I always reverse after three consecutive trending days. I may get stopped out and be reversed but the odds are greately in my favor when ...

Part Time Wealth Building Trading System - Daily Scalping