Thanks for this RedLineFred. It gives great food for thought. :-)

Donchian Channel and other breakout methods

Probaby easiest to utilise available equity from other sources such as home equity or traditional credit mechanisms such as the credit card etc. to extend loan finance and use this for trading (if you are desperate). Through conventional financing ...

Who has ever tried to get a bank loan for trading?

It is definitely a symptom of the retail market. With limited capital to trade there is a natural tendency to bale on a few months of poor results which is just another reason for the high failure rate amongst retail traders. Trader retention in the ...

Diversified Trend Trading Approach

Interesting Bass. Quite a force to be reckoned with. I had to laugh when the complainants realised he was sitting right behind them. :-)

ETMA_The Evolution

I like it Graviton...... :-) Well....Don't just stand there whistling dixie.....Take the hit like a man!!!!! image

Multi-Lot Multi-Timeframe Position trading

Following on from the post from Erebus regarding Nick Radge's presentation I thought I would post Bill Echardt's trading results for the period 1991 - 2015. What Nick highlighted and what should be clearly understood from trend traders amongst us is ...

Diversified Trend Trading Approach

Much obliged kind Sir. I am just listening to it now. :-) PS What a great vid. Excellent info and food for thought. I am going to continually refer to this like you suggest. Thanks E :-)

Diversified Trend Trading Approach

A sample of some excellent insights into the trader psychology of the trend trader from here. It's easy to think this game is too hard and buckle under the pressure but the following interviews demonstrate that trading (and in particular longer term ...

Diversified Trend Trading Approach

An interesing viewpoint from a trend trader here. C "A tale of two traders and risk Imagine two traders, who are looking at the same potential set up, and are supposedly using exactly the same method, with the same expectancy, to determine their ...

Diversified Trend Trading Approach

Why so low Trade Risk Percentages? Following on from Post 288, a question was asked why I bother trading with such low risk percentages. I suppose the way I look at things might be a bit different to some traders seeking the thrill of instant ...

Diversified Trend Trading Approach

Ja That utube of Nick Drake was awesome. I have had it going most of the morning. Thanks muchly :-)

Diversified Trend Trading Approach

No worries clayjay. I will suss things out. :-) Obliques is just a term for setting alerts/pending orders on inclined lines as opposed to horizontal lines on the charts. Admiral Markets offers the facility with MT4 but MT4 itself is pretty ...

Diversified Trend Trading Approach

Thanks for that clayjay I have an old Commsec account that I can resurrect. I am familar with their CommsecIRESS platform which was great for options trading but wasn't aware they also offerred Prorealtime. I will check it out. Market Analyst sounds ...

Diversified Trend Trading Approach

Update to Risk Per Trade Settings for the EDTT Approach Please note for those following the EDTT that the following risk per trade settings are applied to the different timeframes: - MN =0.5% risk per trade - W1 = 0.5% risk per trade - D1 = 0.5% ...

Diversified Trend Trading Approach

Thanks Ja Yep, I use IG as well. That's where I got onto ProRealTime. The only problem I have with them is in their range of spot commodities (only 2 being silver and gold). The rest of the commodities offerred are futures derivatives which I tend ...

Diversified Trend Trading Approach

Hi Ja I reckon you are right with regards to the lower timeframes but given that I will be running the test this year I will be able to come up with some definitive statistics to prove whether the hunch has merit. The combinations I will be ...

Diversified Trend Trading Approach

Many thanks for sharing these resources Bass. :-)

ETMA_The Evolution

Nice methodology Erebus :-) I employ a similar breakout technique using the Standard Deviation Channel as an alternative indicator to the Bollinger Band. The adaption has followed on from looking at alternative approaches to the traditional Turtles ...

Donchian Channel and other breakout methods

Weekly Update continued.... USDCAD image USDCHF image USDJPY image USDSGD image XAGUSD (Spot silver) image XAUUSD (Spot Gold) image That's it for the week ahead. Let's hope it is a more favourable trend trading week to last week. Best of ...

Diversified Trend Trading Approach

Weekly Outlook continued..... FTSE image GBPSGD image GBPUSD image Nikkei image NZDCAD image NZDJPY image NZDUSD image ....more to come. C

Diversified Trend Trading Approach