Trading Systems blogs
Home  
 

 
Categories


Stock market
Stock Trading articles
Trading Blogs
Best of ...
Elite Traders
Elite Traders#2
Technical trading blogs
Day trading blogs
   

 
Archives

News for July, 2006

News for May, 2006

News for April, 2006

News for March, 2006

News for February, 2006

News for January, 2006

   
 

Equity curve for Trading System no2.

382% Model portfolio performance for 2005!


 
Viewer mail...end of November
at 2005-12-04 19:51:27

"could you elaborate on how you take a trade on both the 15 and 30-minute chart in the same stock on the same day?"

X - I have two charts on my screen - a 15 and a 30-minute chart. I do not care if I already have a position on one timeframe...if there is a valid set-up on another timeframe, I treat it as a new position with it's own entry, stop, and target (which may or may not be the same as the other position).


"you take a lot of trades in the morning, but not so many in the afternoon. Why?"

X - most of my trades occur in the morning because - over my years of trading - I have found those set-ups to be the most reliable in terms of consistency and follow-through. I do sometimes take set-ups in the afternoon, but the ratio of morning to afternoon trades is easily 3 to 1...maybe more. Bottom-line - I make money more consistently in the morning!


"Why don't you make more posts intra-day? I would love to see what you are watching ahead of time!!!"

X - I trade for a living, I don't post on a Blog for a living!!! And, I am not running a chat-room or paid service. The purpose of the Blog is a creative outlet for me, and hopefully to show the readers some things that could help them with their trading (in other words, to give something back!).


"is there a holy grail?"

X - yes, I have found it over 1,000 times*.


*if you don't see the irony in this answer, read it again.


Blog Source - http://traderx.blogspot.com/atom.xml
 


Last 10 Posts
   
  - Green Fire Update

  - The Big Picture For The Week Of July 2, 2006

  - Bonds Now?

  - Greg Mankiw's Blog

  - A Couple of 30,000 Foot Points

  - Pros and Cons of Someone Else's Mousetrap

  - Test Case

  - Whacky Stuff

  - Trouble 'round The Dinner Table?

  - Maybe, Maybe Not

   


Home| Members Only | Trading Articles | Subscribe | FAQ | Disclaimer | Privacy policy