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mongolian replied Jul 14, 2011See the notes on your chart. 6 times is rough agreed. We'll get through it. Remember, our basic premise is that PA moves between the quarters. I assume that PA is going to be in a 'range' between the current 2 levels until it moves to the next. once ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Jul 14, 2011The Streets are Paved with Gold — OK - I've attached a chart with some thoughts. Listen, Don't kick yourself around for either taking a loss OR for sitting and watching and not trading. Alright - that is done, it's gone, there is no changing ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Jul 13, 2011You pretty much nailed it right there. When you hold on to your opinion that PA can't/shouldn't/won't go any higher or lower, it most certainly will and will either cost you money or you will just be annoyed because you didn't partake. Remember - we ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Jul 11, 2011Was in a hurry to try and get that post up and just missed it. Glad you are liking Napolean Hill - it's a great book - no matter how many times I read it. M
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Jul 11, 2011PA so far today... — In a word - beautiful (as long as you were a seller!) Mongolian
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Jul 7, 2011Sorry my friends for my lack of response lately. Took a much needed break, partly out of necessity, partly out of I just had a lot going on. Getting back at it now. Make it a great day! Mongolian
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Jun 23, 2011Moving Stops — Personally, I don't really have a plan in regards to moving stops. As far as where to add the extra contract - the mid line is fine - OR if one also has the 6 pip lines on there - if PA gives a setup there - you could jump in ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Jun 22, 2011Full Quarters — I like it. I know this will sound contrary to pretty much everything that you will see here on FF, but I'll throw it out there anyway. As far as putting on trades, then taking off 1/3 or a half or whatever at some point... I ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian commented Jun 17, 2011I'm sorry. I've let this go almost all day. Maybe I'm just tired, I'm just not entirely sure what you're saying here. Someone help here...
It’s Better to Enter a Trade Late and Be Right than to Enter Early and Be Wrong
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mongolian commented Jun 17, 2011"All things considered, I would rather enter a trade late and be right than enter early and be wrong." Personally - I try to refrain from tagging trades as being 'right' or 'wrong'. This is a business and IMHO - trades should be classified as either ...
It’s Better to Enter a Trade Late and Be Right than to Enter Early and Be Wrong
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mongolian replied Jun 16, 2011PA for Today - so far... — It's always a fun day when PA moves so much - I can't fit it into one screen shot. Hope everyone is finding success. Mongolian
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Jun 16, 2011Thanks for the encouraging words. Appreciate it. I like your approach with your stops. Nicely done. Mongolian
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Jun 14, 2011Quarters on Bigger Time Frame — This is a chart with a 300 Tick bar. Same principles apply - just trading for full quarters instead of half... PA has moved pretty nicely IMO. Something to chew on. Mongolian
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Jun 9, 2011Asian Session — Just a quickie chart - PA has behaved nicely in my opinion so far.... Hope everyone is achieving success! Mongolian
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Jun 9, 2011Yep...(and again - not a fan of this, but...) if needed a market order could do in a pinch.
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Jun 9, 2011Comments — Apologize for the delay in responding - was pretty busy yesterday. Anyways - put a couple thoughts on the chart. Basically it looked like you had a bias to be long, which is understandable given the nice run-up during the Asian ...
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Jun 7, 2011No need to order it - here are 2 places it is online. url url
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Jun 7, 2011Did you get the swing down and then the swing back up?? I'm guessing probably. Of course - PA is moving nicely between .25's - where was I? The dentist. Thank you to my wife for that. I so love her. Mongolian
Make Money Everyday - A Guide to Short-Term Trading
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mongolian replied Jun 7, 2011I can see your $hit-eatin grin from here...

Make Money Everyday - A Guide to Short-Term Trading