Sir Billy, Let us know how margin affects small retailers and what percentage of gain is realistic for them. Cheers!

Billytt Die happy trading e/j daily breakout

Top of the morning to you! Here is a song for all puppy lovers, video

Billytt Die happy trading e/j daily breakout

Your approach has finally made my P&L green. On a different note, how often do you find yourself trading breakouts on the other side of 00-00 H4, 04-00 H4, and 08-00 M15, after a successful breakout?

Billytt Die happy trading e/j daily breakout

Appreciate, sir Billy! As they say, when I grow up, I wanna be like you! ;-) Wish margin requirements were not as tight these days.

Billytt Die happy trading e/j daily breakout

I think I am getting a hang of 00-00 H4 bar. Today played with entering on retrace and shorted a whole pip above ;-) But hey, every pip counts, right? Chickened out and got out around 1.2925. ;-)

Billytt Die happy trading e/j daily breakout

When is it expected? I heard that December and January are usually slow.

Billytt Die happy trading e/j daily breakout

Got my 1st ADR off M15 today. Feels good!

Billytt Die happy trading e/j daily breakout

Good day! Have read through the thread a couple of times now, taking careful notes. Would like to say a word of thanks to Dennis, who knows what he is talking about. Every single concept that he has kindly shared here (IB, IR, pivots, NPF, etc.) ...

How to predict markets, Catch the moves at value

Good day! Here are thoughts and comments from chapter six "THE FUEL OF EXUBERANCE". "So, all hype aside, what exactly is testosterone? Testosterone is commonly thought of as a male sex hormone, but it is found in women as well. There are profound ...

Book Discussion: The Hour Between Dog and Wolf by Dr. Coates

Morning! Way to go for those who sat through a drawback beyond -20 and beyond the mid-line of 04-00 H4. Seems to be the most reliable bar.

Billytt Die happy trading e/j daily breakout

Strangely enough, got hooked on the break of the low of M15, whereas Billy did not. Same broker. Thoughts, ideas, suggestions?

Billytt Die happy trading e/j daily breakout

Hmm. That's the first M5 bar in M15, right? Triggered my counter on the way down, before hitting +5 on high.

Billytt Die happy trading e/j daily breakout

Congrats! Can you give details? Did you counter on the other end? How did M15 help?

Billytt Die happy trading e/j daily breakout

Hi, Hickson! I think I understand where you are coming from. There is a part of me that asks exact same questions. Undoubtedly, countering is not for everyone. Stop limits bring safety and stability. On the other hand, countering can limit losses ...

Billytt Die happy trading e/j daily breakout

[quote=Hickson;11930804] Also, some brokers hold only 10% as margin on a counter.

Billytt Die happy trading e/j daily breakout

Morning, all! Another good one from Billy on trading a retrace.

Billytt Die happy trading e/j daily breakout

Thanks! Makes sense. Any idea how low they may go?

How to predict markets, Catch the moves at value

Here is another approach - an opposite to countering - trading a retrace. Billy explains it using a picture.

Billytt Die happy trading e/j daily breakout

Let's apply Lem's approach to my earlier example. So, a trader loses 21 and activates a sell but, instead of taking the loss it is in a "limbo". How does it help? Regardless where the market goes next, up or down, the loss is limited to 21 points. ...

Billytt Die happy trading e/j daily breakout

More Q&A from Lem. The guy is a genius and has a bunch of experience that can save beginners some cash. Take for example his suggestion in the first question. It adds another option to my aforementioned example. Applied in the next post.

Billytt Die happy trading e/j daily breakout