Could be anywhere. Gaining the life skill of money management from forex and applying it elsewhere through one's life seems of inestimable value.

I am demotivated...

margin call haven — (trading) Simulator. Just doubled account on sub-100:1 every day for two days. In an hour, chart study included. Thus, my process -- Do same, only at twice the speed so can fit a week in 89' a day. 7 days a week. Do it for ...

Pattern's Chemo-Electric Trading Journal

You have an immeasurable gift, being able to do mm so well. Boredom (similar to demotivation, I'd guess) is indicative of this. Many others and (, still on demo,) I would give our eye teeth for this. It's also nice that you don't like scalping, do ...

I am demotivated...

The market's not random, it's just difficult to interpret. "Down" is not exact. Rarely does fundamentals get exact (stocks,). Technical analysis is exact and, with enough skill, tells the chartist where price goes within a reasonable certainty. A ...

Market Random and Predictable Parts

higher TF's or lots of 1'TF screens — Recently, I posted a few times on the use of higher TF's. Don't ask me why, I'm no expert, the occasion just appeared. So now, I feel compelled to include their significance in my method. Maybe it'll help. ...

Pattern's Chemo-Electric Trading Journal

I like this method, too; been using it on demo. It fails one of ten or twenty times: Check it on paper (that is, an offline chart or an older online chart with MT4's 'autoscroll' off) or download and use a simulator (LFH, VHands or the for-pay Forex ...

Your comments on my system please...

Yes, and pre-trade study and trade only the 1' TF. A bunch of 1' TF charts is still a higher TF. Same # of pips to earn, a potential of higher leverage each.

Do you still believe in the perfect trading system?

(old) Just another method dump. simulator: I was having trouble coordinating angles and TL's together, so that it threw off any chance I had of understanding the overall flow of a reasonably large (1'TF) area. On the plus side, I got much better at ...

Pattern's Chemo-Electric Trading Journal

Okay, I have the skeleton of the chart, its core, the trunk of every chart area. Wide-set lp's, oft using unusual devices to get at the center point of a well-positioned pattern's sense of balance, do the trick. directions blurb on post #1, ...

Pattern's Chemo-Electric Trading Journal

(continued) — (no more time on the last post) ----- Well, there's certainly the range of ideas -- Compromise/surround / fill-in / 45 or 90-degrees difference / logr-midline / compound-to-simple symmetry rep-lp -- an average idea: a somewhat ...

Pattern's Chemo-Electric Trading Journal

Okay, enough. With one or two hours of simulator warmup, I can pretty much wipe the floor of forex. Except. Big runs/drops. So, I devote my time to them. (Don't want to, enjoy the noted action. Oh. I can do so even MORE?! Okay, then.) I got two ...

Pattern's Chemo-Electric Trading Journal

(old) (special note: Any time I spend on trading is to test (do until I get the idea of its worth, which can be zero uses) and rewrite the material below.) ---------------------------- If I take seriously the # and thus the leverage where SL=#lots ...

Pattern's Chemo-Electric Trading Journal

I posted this a while ago: One can view round numbers as Fibonacci's. The Golden Angle, 137.5 degrees brought around the circle gives you 137.5-0=137.5 137.5-90=47.5 180-137.5=42.4 270-137.5=132.5 360 degrees = 0 degrees, so 137.5 again In ...

xx00 xx25 xx50 xx75 levels

(revised) Made the last post centerpiece of my method. _____________________ If I take seriously the # and thus the leverage where SL=#lots (instead of testing the margin call with a near-infinite SL and leverage-maximum #lots), then the only mm I ...

Pattern's Chemo-Electric Trading Journal

I've been trying to make the Dutch Candle indicator essential to my trading, and I got this -- image

Pattern's Chemo-Electric Trading Journal

Not sure how you can say It could be this. My first trading was with Internet Boom stocks between 1/16ths and decimals switches, the latter of which jleblang talks of. ARCA and Instinet increased electronic trading, which began to break down each ...

MB Trading Futures - Introduction

We have a miscommunication. I meant that slippage is a possible solution, not the problem, in a fast market. Big orders may be anywhere, so widening one's reach 4 or 8 pips to hit one helps. The reason for the late fill, I'd think, summarizes as ...

MB Trading Futures - Introduction

MBT's description of Navigator at their site says they have sell stop limits. What bothers me is it also says they don't allow a 'discretionary' price range for forex, and their competitor (unless MBT objects to this phrase) FXCM Micro does. So in a ...

MB Trading Futures - Introduction

(revised) MM: image brain status (something about it goes here) "Cut losses short and let your winners run." Googled. consistency (something about it goes here) #lots/SL To avoid having to calculate at every price, I could just 'circle 20' (lots, ...

Pattern's Chemo-Electric Trading Journal

The indicator shows, among other things, when price tends sharply on both sides of the zero line (and nothing else happening on either side of the tending on the chart area). Thus, it also finds patterns to draw significant TL's from. (1,2) Thanks.

NEW way to display charts