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THIS IS A MUST READ

Posted: Thu Jan 17, 2008 4:41 am
by TheRumpledOne
THIS IS A MUST READ


Day-Trading 2.0 for small traders


FIRST have to recognize where not to place a trade even if it follow the direction of the market.

If only every trader KNEW THAT!!

Posted: Thu Jan 17, 2008 4:45 am
by TheRumpledOne
Image

This will make sense after you read.

Posted: Thu Jan 17, 2008 10:19 am
by balkanbro
thanks for the link to the thread and the beautifuls charts

Re: THIS IS A MUST READ

Posted: Thu Jan 17, 2008 7:02 pm
by Bruce
TheRumpledOne wrote:THIS IS A MUST READ


Day-Trading 2.0 for small traders


FIRST have to recognize where not to place a trade even if it follow the direction of the market.

If only every trader KNEW THAT!!


Thanks! This "Read" is very helpful!

Posted: Thu Jan 17, 2008 7:30 pm
by deeforex
Hello Avery,

Thanks for the link.

Could you please tell me how you have set up your Indicator to get Price vs MA?

I've managed to setup _TRO_COMPASS_IND_MP for the moving averages but not beyond that.

TIA,
dee

Trades for 011708

Posted: Thu Jan 17, 2008 9:23 pm
by pdean123
Posting my trades for today. 4 days, 40 trades only 1 loss.
Not sure Avery would agree with this but when I was in a buy signal and the candle was moving my way and the EFX price was 1/10th I added to the trade. Just a way to add a little more with small risk.

Regarding the Must Read: Day-trading 2.0 for small traders. I found it somewhat confusing to the issue. Maybe someone could refine the important parts and put them here on this site.

Posted: Thu Jan 17, 2008 10:45 pm
by TheRumpledOne
deeforex wrote:Hello Avery,

Thanks for the link.

Could you please tell me how you have set up your Indicator to get Price vs MA?

I've managed to setup _TRO_COMPASS_IND_MP for the moving averages but not beyond that.

TIA,
dee


That's a different indicator: _TRO_COMPASS_IND_MP_AB

Stayed tuned for more TRO DIGITAL COMPASS INDICATORS

Re: Trades for 011708

Posted: Thu Jan 17, 2008 10:47 pm
by TheRumpledOne
pdean123 wrote:Posting my trades for today. 4 days, 40 trades only 1 loss.
Not sure Avery would agree with this but when I was in a buy signal and the candle was moving my way and the EFX price was 1/10th I added to the trade. Just a way to add a little more with small risk.

Regarding the Must Read: Day-trading 2.0 for small traders. I found it somewhat confusing to the issue. Maybe someone could refine the important parts and put them here on this site.


pdean:

It doesn't matter if I or anyone else agrees...

ALL THAT MATTERS IS WHAT WORKS FOR YOU!

Nice trading!!

Posted: Sat Feb 16, 2008 2:13 am
by fx_d2
Great stuff TRO.let me ask you,is the jjrvat indicator available for download and the color changing slope 6 and 240 wma.please let us know

Regards

Posted: Sat Feb 16, 2008 4:09 am
by Dracozny
fx_d2 wrote:Great stuff TRO.let me ask you,is the jjrvat indicator available for download and the color changing slope 6 and 240 wma.please let us know

Regards


color changing MA is part of his platform which i believe is prorealtime. however you should be able to find one that meets your needs, xpma for mt4, nd there is a sampleMA in the ninjatrader support forums.
if you use another platform you will just have to do your homework