TK Weekly, Straddle, and Faith — I certainly will not speak for TK or any others, but I have been following this thread from the beginning, and for what it's worth, here is what I recall... First, I believe TK did in fact adopt the immediate ...

Part Time Wealth Building Trading System - Weekly Scalping

Funny, G. That's exactly what I did. I did have an initial trailing stop on and took +52 (could/should have been 80+), but like you said, because it has moved so well recently, I then went with a reverse off my TP stop, and it was all down hill from ...

Part Time Wealth Building Trading System - Daily Scalping

I was able to follow, and Wow, thank you very much. That cleared everything up the way you explained it. Thank you again for taking the time to do all this for me.

What's the benefit of lower time frames?

Update to my previous post (suggestion). After a few profitable trades or weeks (your choice) using 1-2%, with 1K you certainly could risk more, once you get a feel for your comfort level. My guess is that the 1k is risk capital anyway (hopefully). ...

Part Time Wealth Building Trading System - Weekly Scalping

This suggestion would probably be too far removed from the original rules to be to your liking, but with 1K, I think it may be wise to try and modify the weekly method somewhat. You could use moves to BE, moves with Trailing Stops, or just possibly ...

Part Time Wealth Building Trading System - Weekly Scalping

Me too. +377 and out till tomorrow evening, not a bad hour and a half on a Sunday evening EST. I'm not using EA, just flying manually. I missed out on last weeks 400+ pip day by TP at 100. Learned my lesson!

Part Time Wealth Building Trading System - Daily Scalping

Same here. 217 pips for the week on the GJ. Certainly could have had 400 on Tuesday Daily, and 1000 on the weekly, but I'm happy with the 217. I have begun to do some slight modifications to the daily similar to JillyB's post above, and also to take ...

Part Time Wealth Building Trading System - Daily Scalping

THAT, is impressive!!. So far this week, the only thing I've done is the G/J daily and up +160 since Sunday evening, but out for the rest of the day (TP was hit overnight). I'm happy, but +900 is outstanding.

Part Time Wealth Building Trading System - Daily Scalping

Mathematician, Just a thought, and a request...if you have the time and are so inclined...the daily thread is also getting a lot of play and can be profitable also. You might want to pop over there and share some of your test results as well, using ...

Part Time Wealth Building Trading System - Weekly Scalping

Scrat, I know you just started trying this method the past week, but were you re-entering on the daily after your TP's were hit, or did you take your 50 and call it a day?

Part Time Wealth Building Trading System - Daily Scalping

Thanks for the reply and input. One more Q if you don't mind...then what do traders uses the hedge function for?? I know what it means - long and short at the same time, I just don't quite understand how you use it to trade currencies and why it ...

Part Time Wealth Building Trading System - Daily Scalping

Daily Method and FX Sol Hedge — Question for anyone using FX Sol... Is there possibly a way to use the "Hedge" function on the GTS platform and incorporate it into the Daily Method in a way that would make sense? Maybe I don't fully understand ...

Part Time Wealth Building Trading System - Daily Scalping

On Whipsaws and Stops — honda and bholiday, This is exaclty why I posted my question - for help and input. Thanks, and you know the sad part??? I too use FX Sol but have not taken advantage of their trailing stop feature. DUH!!! I guess this ...

Part Time Wealth Building Trading System - Daily Scalping

I don't know about anyone else but this daily system can be whip-saw city!! I stopped trading the GU earlier this week because every trade was getting stopped out - 6 times @ (-40) pips in a row. So I decided to just stick with the GY for a while, ...

Part Time Wealth Building Trading System - Daily Scalping

I think you certainly could do that - not a bad idea. One thing that TK says over and over is to "make this your own" - He's sharing some of the things he's working on and trying out as well as providing some feedback where and when he can. And I ...

Part Time Wealth Building Trading System - Daily Scalping

Certainly I can't answer for him, but in the meantime, I'll give you my understanding of what he means.... He sets a TP at 100. However, if at the end of the day, rather than closing out a profitable trade, just to re-open later in the same ...

Part Time Wealth Building Trading System - Daily Scalping

It does, and thanks!!

Part Time Wealth Building Trading System - Daily Scalping

Bholiday, Question for you... if you move to BE, or even to TP somewhere, when either one of them is hit, are you staying in and reversing, are are you getting out for the day? BTW, locked in 100 on GY so far today and still running.

Part Time Wealth Building Trading System - Daily Scalping

[quote=Scrat;222649]2 stops for g-u today... i'm out until tomorrow looks like it's another choppy week.[/quot Same here. I have been stopped 3 times simce Sunday open (3X 40 pips). think I'll stay flat on GU till tonight at least and see what ...

Part Time Wealth Building Trading System - Daily Scalping