Tell me - You and I can both trade an identical method - one of us wins and one of us loses. (more like 95% lose and 5% win, I'm just using me and you as an example to make a point.) What was the difference between us? Same charts, same system, same ...

james16 Chart Thread

I think you are missing my point Dan. But thanks for participating. Here is a question for anyone - If 95% of traders fail, why is it that 95% of traders here are claiming success? Truth be told.. it ain't being told.

james16 Chart Thread

Counter trend trading is what this method is all about - Think of what you look for - bars at extremes. Does not sound like a trend trade to me. It works, but you gotta be very careful. I never met a long term trader who made his fortune counter ...

james16 Chart Thread

Great post Bundy. Shortening stops as a method makes you the 'weak hand'. Another way to grow your nut faster is to broaden your view, look at he big picture and understand that draw down happens - it is the natural flow of the market - love it, ...

james16 Chart Thread

Gee thanks Dan. Now you are messing with my liquidity pool....

james16 Chart Thread

JR- That was a great read. Thanks for sharing it. It sounds like you've really gotten to enjoy your 'presence', and it is yielding a frictionless existence, in spite of the improbabilities we face. There are many seekers, but few finders.

Cycle Trading

It is trading into a fairly trafficky area, but with a prevailing trend. Price has a memory, and I'd expect some chopping around again. If you take it, I'd be looking to reduce my risk. Check out the PPZ on the weekly. Patience could possibly pay ...

james16 Chart Thread

I'll let everyone in on a secret.... but don't share it with anyone. Becoming an 'expert' is easy. Get published. It really is NOT hard. The first step is to become a 'technical editor', or an accuracy/fact editor. Once you've done a few of these, ...

james16 Chart Thread

Hey Nawry - the ONLY way you will learn this game is to trade them as you see them. In the end, it will not matter who says what, the only way to gain market wisdom is the apply the knowledge that you've gained. Knowledge without personal ...

james16 Chart Thread

You are asking the right questions. And askin them thoughtfully. Consider the answer this way - When learning to read, the text was simple "See Dick run" stuff. By the endof first grade you actually hadthe tools to 'read' Moby Dick. You did not do ...

james16 Chart Thread

Got any old links laying around? Love to see this. There is such a body of folklore out here....

james16 Chart Thread

A large part of that observation stems from trading a large account. If you have a 50K account, 2% is $1,000. If you have a 5 Million dollar account, 2% is $100,000. That simple dynamic would give anyone pause during a draw down. You can say all you ...

james16 Chart Thread

Nothing but love, nothing but love. And perhaps a taco ...

james16 Chart Thread

Peso, anyone?

james16 Chart Thread

You cannot trade if you cannot see your charts. Stick with the dailies

james16 Chart Thread

jump, jump, jump !!!! I am sitting on the freaking Tarmac in Atlanta waiting for a damn gate to clear. Every airline sucks friends. 40 minutes so far. The airlines are in serious need of regulation. They cannot handle it themselves.

james16 Chart Thread

Just the tender age of 47 Thanks for the comparison... Now I'm going to have to come to your home and lay a wrinkle on you... Those that tried it, love it. I won't. But that is just me....

james16 Chart Thread

Ain't it the truth. Ain't it the truth. Funny happened to me today. I went to ParacletesXP in Raeford, NC. Indoor skydiving, with my son of 12 and his buddy Schuyler. 115 MPH wind rushing up throw the floor, and I've NEVER done anything like it, ...

james16 Chart Thread

So - THAT is who originally said that.... You sir, are the KING. (I will never forget this...)

james16 Chart Thread

Wow - nicer in NYC that Raleigh today!

james16 Chart Thread