No doubt about that. Some people questioned how EO and Infinity were able to pull that proverbial trigger with such accuracy at all the right places so often but as you say, when you have repeated something over and over for so long, you barely ...

Trade what you see NOT what you expect

Definitely 131, there are a number of things to factor in when taking them. The 62 still seems to me, along with the 200, to be the most "respected" ma of the bunch though. I also think that if price has raced towards it but then ...

Trade what you see NOT what you expect

My only trouble with taking a pure bounce is that I haven't really backtested the reliability of them. I've seen them work out, i've seen them fail and I know for sure that EO/Infinity would be taking a number of other things into consideration ...

Trade what you see NOT what you expect

Ken's an excellent teacher but ultimately formed his own thread "Ken's struggles/successes with EO's system" to further his teachings, to help himself but also because some of his approaches and ideas were not exactly in keeping with the spirit of ...

Trade what you see NOT what you expect

No it doesn't but it mitigates your risk exposure in the most simple possible way. Yes, it's not so easy to do when the leverage is 50:1 but you should still be able to get away with 50-60% of your equity if you are only opening single positions at ...

How Safe is Your Money?

If your "system" has a positive long-term expectancy. Even then, there are still buts. Isn't this at the very heart of the difficulty with trying to eradicate emotion whilst trading? If you follow a system approach to trading or if you follow a ...

How do you survive after negative trades?

I'm on that path man. I've already achieved one of those ambitions. It's due a service soon, come to think of it...

Why did you start trading?

Putting your entire equity in your trading account is pure madness. Only put in what you need and trade "as if".

How Safe is Your Money?

So for you it seems more about financial security and a comfortable retirment than it does having your life freed up? You probably would just stick to what you know then, I reckon. If you can feather the nest nicely that way, why ever change?

Trade what you see NOT what you expect

I guess it's a question of your motivation to trade. My motivation to trade is absolute freedom. In a peculiar about turn against the norm, I find trading to be a stress reliever rather than a stress creator. As my ability grows and I increasingly ...

Trade what you see NOT what you expect

Amen to that. But then, maybe your account is a few hundred or a few k and his is probably in the hundreds of ks. I'm sure as and when I have an account that is in the multiples of hundreds of thousands, i'll be trading daily charts FT too and quite ...

Trade what you see NOT what you expect

Well, if you are doing it FT and can live off 5% a month, I shudder to think how stress free your life is. Making 5% on the daily charts must be an absolute doddle. You're a lucky man!

Trade what you see NOT what you expect

Sure, I get your point entirely, it was more the way you went about making your point which seemed a little unecessary to me. If trading the daily timeframe works for you then that's great and it's wonderful that you maybe have a life where you ...

Trade what you see NOT what you expect

I don't think he was saying that at all. I think he was suggesting that when price has been dropping for a long time, it usually represents a good opportunity to buy. Buy low, sell high. It's a pretty core principal frankly. You won't upset me at ...

Trade what you see NOT what you expect

Why do people do this? I'm totally opened minded about trading. Do I think people make money on M1? Sure. Do I think people make money on vanilla daily charts? Sure. Do I think people even make money with charts loaded with dozens of ...

Trade what you see NOT what you expect

Nope, they will leave of their own devices. No it isn't. Well....he does live there. Will it? Not by recent evidence it won't Cool! The UK still won't join the Europe though, what a peculiar idea.

UK is going to join the euro

Hey bud. Slow at the minute! I found a decent balance in the end where I freelance and work from home a fair bit but haven't been at home nearly as much recently as in the past. It allowed me to trade pretty frequently at first but I started to find ...

Trade what you see NOT what you expect

Nice work, looking ok at the minute.... Hey Captain!

Trade what you see NOT what you expect

No, I didn't take it for the same reasons but as EO always said, he doesn't pay much attention to the fundies as price action is reliable regardless of them.

Trade what you see NOT what you expect

Ahh but there is, we just need to make sure the time is right to make the final leap Good luck with the show, that sounds pretty demanding. I won't ever pretend my job is especially physically or mentally demanding but it does zap the hours out ...

Trade what you see NOT what you expect