Day Trading Futures
- Thread starter Trader Girl
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I remember when TH (Trembling Hand for new folk) used to frequent our Forum (and don't we miss his pearls of wisdom
) ....... one of his main comments on how to improve our trading was ....Trade ...review ... Trade ... review ..... etc etc ....
With regard to TG's trading ....... Her (some speculation over the gender, but of little importance) ...... Her strike rate is over 90% I think. Anyone doing their due diligence can "Review" the trades posted, and may get some valuable insights into the method being employed.
I appreciate your comments on perhaps more commentary .... I actually said the same thing earlier in the thread ........ but then I thought ..... the trades are there in black and white, so its up to the individual to do their own research to see if TG's method can benefit their own trading.
Cheers.
tech/a
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Barney can you just elaborate on " method"
IE what it is that you have seen to evaluate?
My suspicion is it's a Front for private mail generation.
IE what it is that you have seen to evaluate?
My suspicion is it's a Front for private mail generation.
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Tech,
You may be right, but to date no Forum members have come forward to confirm that suspicion ................
The calls to date have been very consistent ..... Of course there is a 1 minute time window between trading/posting which could be exploited to improve results.
That aside, if TG's calls are genuine, she obviously has a solid trading method, and reviewing the time of entry/exit could provide some valuable insight into that methodology.
I'd personally like to see a trade log from the broker showing the actual time/date stamp of each trade ...... (even if that log was posted at the end of the day to verify the positions taken) .......... 90% strike rate with a trade log to verify .... I'd certainly be interested in reading the subscription fine print
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..........I agree the logic behind it seems obscure, but I was fortunate enough to see a real Scalper in action a couple of years back who multiplied one account by almost 2000% in a little under a week ....... Certainly sparked my interest thats for sure
...... Most of my scalping attempts have end up in division not multiplication
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Some great questions in here I'll to respond over the next few days.
tech/a
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I agree the logic behind it seems obscure, but I was fortunate enough to see a real Scalper in action a couple of years back who multiplied one account by almost 2000% in a little under a week ....... Certainly sparked my interest thats for sure
If your Talking T/H then his results which were a single day of published trades where he pulled $15k.
Youll note that his scatter chart (He posted) shows very clearly that his profits came from trades which returned much greater than 5 ticks.
As for T/G the strategy is pretty simple.
Sell resistance with a 10 tick stop and a 5 tick profit.
CLICK TO ENLARGE
tech/a
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5 ticks Click to expand
tech/a
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And again 5 ticks
click to expand
Private mail me ---its (Im) not expensive!
click to expand
Private mail me ---its (Im) not expensive!
tech/a
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And AGAIN!!
Click to expand
Click to expand
tech/a
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And again. Was busy so not in time frame.
Not bad is it!?
Click to enlarge.
Not bad is it!?
Click to enlarge.
I remember when TH (Trembling Hand for new folk) used to frequent our Forum (and don't we miss his pearls of wisdom
Trade ...review ... Trade ... review ..... etc etc ....
With regard to TG's trading ....... Her (some speculation over the gender, but of little importance) ...... Her strike rate is over 90% I think. Anyone doing their due diligence can "Review" the trades posted, and may get some valuable insights into the method being employed.
I appreciate your comments on perhaps more commentary .... I actually said the same thing earlier in the thread ........ but then I thought ..... the trades are there in black and white, so its up to the individual to do their own research to see if TG's method can benefit their own trading.
Cheers.
Exactly. This is a journal.
Entries and exits are posted so look @ the charts.
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Tech, I remember those results from TH which were publicly advertised. That is not the same account I am speaking about, but the results are just as impressive ...... Good scalpers are a rare breed indeed.
As for TG's trading, you have obviously noticed what I have noticed ...... However, selling resitance sounds simple in hindsight, but implementation still has its pitfalls considering the deeper pockets often test resistance levels to varying degrees above or below apparent "normal" price points, especially in more volatile markets ...... In Forex for eg. this tight type of sytem would most likely fail more often than not.
Personally i take my hat off to successful Scalpers. It is the pointy end of the trading world in my opinion. The good ones seem to end up very well off ... and the poor/average ones end up going back to trading Stocks like the rest of us
ps Glad to see you did some due diligence on TG's entries/exits ..... I think the majority of traders (myself included) don't take the time to explore the possible benefits of why something actually works.
Cheers.
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Totally agree Alpha ...... traders have the opportunity to either learn from the trades, or reject there validity. All it takes is a little research.
Wysiwyg
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Can't see anything to learn from ... short @ 4908 covered @4901. Silly person seeking attention really and giving it attention encourages it more.
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Wys, I have respect for your knowledge and longevity ...... and I'm neither pro nor negative TG's trading logs without Broker confirmation ......
HOWEVER ..... if that "silly person" is actually achieving a 90+% strike rate, and other traders don't take the time to discern whether the content presented is legitimate or otherwise .... perhaps we that don't bother to investigate the data are in fact the "silly ones" ?? (Not you personally WYS
Its really up to TG to show her (his) hand at this stage ....... A confirmed Broker log would give legitimacy/credibility...........
No Broker log, and the thread will eventually die a natural death ........ The ball is in TG's court as to whether she needs to prove legitimacy ... or whether she is content to receive contention over her validity ...... I'm personally still open to suggestion at this stage.
Cheers.
tech/a
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Did I waste my time posting charts on this thread today?
It's pretty clear to me and pretty effective.
What more do you need?
It's pretty clear to me and pretty effective.
What more do you need?
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tech/a
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Not particularly
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