It all depends.. This is when you have to learn how to trade, What I posted is how I trade and it works, to say I do the same thing every trade is wrong. In fact I do most of my trade different depending on the feel. 1. Was the PB made fast? Did it ...

james16 Chart Thread

Now it just takes time, It's like cooking. Once you get good at it you no longer measure everything out you can just put it in by looking at it and know it's the right amount. Just takes time took me a few years to be able to call everymove but now ...

james16 Chart Thread

True, Some of the time I take a trade based on what I have seen in the past work and this just takes time. You can NEVER make money in the market trying to make rules that are 100% cut and dry and this is why so many people fail. For people to get ...

james16 Chart Thread

I took the same trade

james16 Chart Thread

My day.

james16 Chart Thread

Ya I do watch the daily sometimes

james16 Chart Thread

This is what you have to learn to trade... Class is in. 1. Post what trade you would take and why? How would you manage losers? 2. Mark up your chart and post it I will post what I see tomorrow.

james16 Chart Thread

The key to this really is to KNOW if you are going to have a trending day or a slop day. 1. Slop day = sideways all day no trend. Most of the time you get a run and you can grab the pullback, if I look at the charts and see no trend I will grab a CT ...

james16 Chart Thread

Enjoy

james16 Chart Thread

Oh wow I have a .tpl now lol! Time to write a book and get my TV add going

james16 Chart Thread

Yep it's good stuff, I missed that one was on the phone but I did get long off a pullback to the middle of the BB, Easy stuff. Had about 4 good setup's today.

james16 Chart Thread

If you like money it does, if you want to brag you need to CT trade so you can tell your friends how good you are but still have a job

james16 Chart Thread

I am going to let some of this news crap die down before I trade again, I dont like playing these big swings at all too exciting I like it slow and steady.

james16 Chart Thread

I think this is a BAD idea and here is why. It's ALL price action, what I trade you can trade off the TICK or off the MONTHLY does not matter at all, I traded the S&P futures with this as well as stocks years ago. If you don't like looking at 5min ...

james16 Chart Thread

It's not my method it's just trend trading Also the PB stuff is Jim not me I just mess with it on a shorter time.

james16 Chart Thread

Not really sure what you did here, did you go short or long?

james16 Chart Thread

Also this market is kinda nuts as of late so if you are getting whipped around a little it happens to all of us. I took a crap trade today and lost 2% as I ended the day after my 1st trade because it's 100% news driven so very hard to catch a trend. ...

james16 Chart Thread

Thanks Jim and this is your house and I am just a guest here It's just hard to get people to go with the trend, it's not as sexy as catching a CT trade but it sure does pay a lot better so you really have 2 options. You can say you caught the ...

james16 Chart Thread

I don't mess with a trade once it's on, too many times I closed it out too quick now I just set it and forget it.

james16 Chart Thread

YES!!! Okay now don't get all emo and screw it up thinking about how much you can make lol. That's it you got it not hard just have to NOT SCREW WITH IT, it works if you lose it happens just stick with it. I really like using PB's with the trend on ...

james16 Chart Thread