Hello, I will share with any newbie or student of the trade business what I have learned over the past 3 years and still unprofitable. This is because of not discpline, but basically, I have no clue how to trade, what to test for, how to backtest, ...

Most traders fail because of no discipline!

Great comment, I can not agree with you more. I am learning to reduce stress, emotions and all other things in my head is to be as mechanical trader as humanly possible. And to do this a trader needs confidence in their system. And to gain ...

Emotions (money management)

DonPato, Thank you so much. This is the stage i am at now, learning to what to include in my data collection and questions/metrics to answer for the system I would like to trade. The last I want to do is start tracking and on trade 224 for example, ...

How to Correctly BackTest, Collect Data, and Analyze A System

econbizer, I really thank you for sending me this comments and advice. From this I have adapted the following in my discretionary mechanical trading. 1. Reduce contract size from 3 to 1. For now, trading small til something works is achievable and ...

How to Correctly BackTest, Collect Data, and Analyze A System

econbizer, Apologize for the late response, I really appreciate your response and it really helped me with my planning. Thank you so much.

How to Correctly BackTest, Collect Data, and Analyze A System

Thank you so much for your response. I will read in detail and respond if questions or comments. I am just now responding cause I been working alot lately. Thank you

How to Correctly BackTest, Collect Data, and Analyze A System

Thank you hards for response, Yes, I agree. Think or Swim, I am slowly moving away from for TradeStation or NinjaTrader or MT4. Thanks for your help.

Breakout Strategy EMAs Recommendation?

Thank you hards for responding to me, I am using think or swim chart. Do I add the file as a study? How do I add your attachment to the chart? Thanks,

Breakout Strategy EMAs Recommendation?

Thank you alot for your advice. I am staying paper til I am fully ready and have made consistent weekly profits. I owe this too myself. I was fooled into started out with real money and not really discipline or did I trust my method, nor did I keep ...

How Long To Paper Trade

Thank you all for responding So what should my goals be if not to make $500 per week? Should it be a weekly +% return?

How Long To Paper Trade

Any comments on this.

How do you buy support?

Big Thanks to everyone, I trade the ES. But the concept is the same What I have been doing is waiting for test (price to touch support) and then wait for the next candle to open and close above that support. Then I focus on entry. After entry high ...

How do you buy support?

I agree. Thanks for response

How do you buy support?

Thanks FerruFx. you are right. When a price is reached that I am interested in make a risk vs reward decision. That is as simple as it goes. Then keep a record on how many times that work for me. If it works majority of the time. I will keep on ...

How do you buy support?