I read again John Carter’s article on TICK. I found it useful and I incorporate it into my trading. It assists me in exiting potentially losing trade or protecting profit. It will reduced the situation like’ I exited the trade earlier because I feel something is not right’.
Strategy & tools
Charting headache – Strategy runner
I can’t make any trade today. Strategy runner charts s*ck the big time. It messed up totally. After confirming with Vincent, I know I am looking at some monkey charts. Here are the charts of E-mini Nasdaq at the same period, same time frame. Can anyone tell me which one is the correct one? [photopress:Nasdaq.JPG,full,centered] […]
Change
I have made some major changes to my system after studying and reading books and blogs recently. The change was not caused by recent losses, after all, I am still in pretty nice profitable situation. ๐ The reason behind this change is the seek of simplicity. Yes, I was in fact confused by my own […]
Trading Business plan 101
I have been doing some thinking and studies over the past weeks. I had some good days and some bad days over the past 2 months. Well, I guess, I'd better figure out the details of managing the trading business while I am still in nice profitable situation rather than searching for 'holy grail' for […]
Some thought on the ‘Waves’
I believe there are profitable Elliot wave traders out there. No doubt. Though I have never met any of them yet. In fact, I have met a lot of wave analysts, not trader. I am not an wave trader and I definitely do not have bad feeling towards these wave analysts, I just have the […]