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Monroe replied Sep 21, 2010no, i believe you can obtain the same exact win ratio on a M1 as a 10s, timeframe does not matter. I dont think it's all on the chart, or even about the chart, thats why i don't really much rely on the chart or the direct in-the-now PA. Of course, I ...
No more BS - What have you learned?
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Monroe replied Sep 21, 2010makes sense. I am sure there is some discretionary aspect as well... at least, i would hope so. even though you're a math guy, I hope you know if-then doesn't work in this business, which is why I think EA's, at least for retail traders will never ...
No more BS - What have you learned?
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Monroe replied Sep 21, 2010that's cool man, whatever is working. For me I feel can see the same tick movement from the 1m or the quote, but if it's more visual and better for you,. then 10s is the way. I just have little 5m charts up now to monitor so to speak, but dont much ...
No more BS - What have you learned?
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Monroe replied Sep 21, 2010it worked, just don't need it , as I have found. keep it as simple as I can, why have a 10s chart up when I dont need it, you know?
No more BS - What have you learned?
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Monroe replied Sep 21, 2010yes 11ema, exactly is what i meant, sorry. cool sounds good man, I used to do something similar, still do sometimes but no longer need to use such small timeframe charts... I thought that was an edge at one time, now I do not think so. I go for ...
No more BS - What have you learned?
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Monroe replied Sep 21, 2010a 6/7 EMA on a 1M? what you're doing is a way to trade the market, and i am not saying you can not be profitable that way, but, is it really the EMA/WMA's? you could put all kinds of MA's on a 10s and find it looks like it holds support. Me ...
No more BS - What have you learned?
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Monroe replied Sep 21, 2010what can you see on a 10s chart that you can't on a 1m?
No more BS - What have you learned?
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Monroe replied Sep 21, 2010ahhh, madlib... stonesthrow... brings me back to my hiphop collection.... but did it ever get much better than these cats?? video video video video
What kind of music you hear while you trade?
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Monroe replied Sep 21, 2010I have no idea if any of these songs were posted, but this was my playlist tonight... video video video in that order.....
What kind of music you hear while you trade?
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Monroe replied Sep 13, 2010No, they don't give a shit about retail traders (IMO). Tier 3 brokers make money from "us"... banks use them to clear inventory and make up the spread from there dealings with them, so it's win-win for the banks always. big dogs are banks and corps, ...
No more BS - What have you learned?
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Monroe replied Sep 10, 2010Cool man, yea I understand where you are coming from. Definitely keep it simple. That is on my list of "what I have learned" without question. I stripped down all the bullshit, I have charts up... plain simple small charts for a few pairs just for ...
No more BS - What have you learned?
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Monroe replied Sep 10, 2010There was a very short time when I thought it could be completely random, or even worse, a total scam in itself. I don't think that way at all now... and I know you said don't bother telling you it's not. So I have one question... Why do you trade ...
No more BS - What have you learned?
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Monroe replied Sep 9, 2010To be fair, I don't think that I said it's a "fact" that they are not profitable.. But I have never seen or heard of anyone needing 200:1/400:1 leverage and I was just stating that I don't think that is necessary and not only that, but they should ...
Thoughts on 50:1 Leverage
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Monroe replied Sep 9, 2010Marv, I can agree, costs of scalping could be a problem if you're going for very very short scalps like I used to with close to max leverage depending on your broker and commission deal. This I don't do anymore. There are many reasons why statistics ...
Thoughts on 50:1 Leverage
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Monroe replied Sep 9, 2010your first argument was stated many times. If your referring to me in your first comment, stating that I make 10% a week every week that is not what I meant, nor what I said. I said it was possible to make 10% in a week with much lower leverage. ...
Thoughts on 50:1 Leverage
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Monroe replied Sep 9, 2010Yes, right on SwissRaj.. yes, per trade is discretionary but mechanical in some factors yes.
Controlling your emotions
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Monroe replied Sep 9, 2010this thread is not about me and my performance for the last time. I am very well aware stop hunts do exist, as I am hunting them. Brokers aren't going after peoples stops personally if that's what you're referring to. anyway, I wasn't trying to ...
Thoughts on 50:1 Leverage
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Monroe replied Sep 9, 2010I think to control your emotions, you first need strong confidence in a strategy/method of trading that you truly believe in, which comes from experience and proving it to yourself that in fact, you have an edge where you can exploit the market for ...
Controlling your emotions
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Monroe replied Sep 9, 2010Is it really funny? I was attacked and then I defended, that was the reason for my last post. I didn't start any of that. I don't fail to comprehend what I read, I fail to comprehend any sort of justifiable reasoning for using or needing 400:1 ...
Thoughts on 50:1 Leverage