Look at variuos patterns... notice the flag entry on most:
www.dacharts_dachart_dacharts_dachart.com/123.htm
http://www.coveredcallswins.com/chartpatterns/BestBullish&BearishPatterns.html
head and shoulder = a flag entry
hl on rev hs then a flag entry..thats it
work on the with the trend entries... use divergence to take profits
after master with the trend then can about diverg and others against trend later
entry not so precise with the trend ok...wont get stopped many times then trend continues
counter trend trade need more precision
daytraderone: what do decent good traders take home in points on average per day one contract
NQoos_2: countertrend is high% trade for many
dont concern yourself with others... concern yourself with your trading results....
you waste energy and focus
NQoos_2: is $200 a day acceptable
NQoos_2: ??
daytraderone: yes
NQoos_2: as a beginning goal
NQoos_2: ??
daytraderone: yes
daytraderone: for sure
NQoos_2: ok no problem....1 week or 1 month you'll be there
daytraderone: $200.00 day is much better than losing day in and day out
NQoos_2: then you improve
those that started my steps 8 days ago ..for 1st week all did average +$2500 for week
not many trades either
daytraderone: that is great
NQoos_2: some only trade a few hours
daytraderone: and where are your rules
NQoos_2: only 2-3-4 trades
NQoos_2: http://www.dacharts_dachart_dacharts_dachart.com/articles/NQ...s_to_profit.htm
daytraderone: 2 3 4 trades a day?
NQoos_2: yes
daytraderone: k
daytraderone: will do
NQoos_2: some more.. but none alot
they choose to pass on many setups
some days there were 20 setups.. all would have been +2 points or more
daytraderone: you mean on diffrent types of set ups or the same setup they pass on
NQoos_2: anyway each learns to chose what they comfortable with
NQoos_2: same setup
daytraderone: but in the end a correct setup should bring you winners at the end of the day
NQoos_2: after 1-2 weks they get new comfort zone..they are beginning to master
what they are doing
they are expanding their comfort zone
NQoos_2: take more trades
NQoos_2: make more $$
daytraderone: because these set up are proven winners not 100 % of course
NQoos_2: of cousre not 100%
NQoos_2: nothing is.. anyone tells me he 100% I smile
daytraderone: a trader that can take home 4 pts a day can make a living by just adding contracts?
NQoos_2: yes
NQoos_2: you learn to get 4 everyday... you'll then learn to get 8 12... more
NQoos_2: you teach yourself confidence\patience
NQoos_2: a loss will mean nothing to you
NQoos_2: just a step to next string of winners
daytraderone: and follow the steps, find one set up that works for you and practice practice practice
NQoos_2: that will be from your history
NQoos_2: now unprofitable traders have losing history...keep repeating that
NQoos_2: behavior is to lose
NQoos_2: must shift that
NQoos_2: dont take my word for it...prove it to yourself
NQoos_2: make the choice to be responsible to yourself as a future profitable trader
NQoos_2: books, my charts, my technique... not enough
NQoos_2: need screentime
NQoos_2: practice
NQoos_2: produce winning pattern...will stick with you
daytraderone: this trading without discipline will kill you
NQoos_2: transform you
NQoos_2: into a profitable trader
NQoos_2: once there....reach a point...always be there
NQoos_2: prove it to yourself
NQoos_2: wont cost you $$$ just time
NQoos_2: then you master your technique...you share
NQoos_2: be your setup then
NQoos_2: you'll change it a bit
NQoos_2: working for others now
NQoos_2: they at tip of $berg
daytraderone: talking to you i feel like i should have candles lit
daytraderone: your sentences are all the same size
NQoos_2: your style..ok..light one
daytraderone: lol
NQoos_2: if i shared all I'd say that's where it comes from Light
NQoos_2: inside you..always been there
daytraderone: i understand
NQoos_2: accept it
redtoptrader: NQoos is a zen master of daytrading...{:-)
NQoos_2: allow it to shine
NQoos_2: allow It to shine
NQoos_2: most have all the knowlege they need already
NQoos_2: doing too much at once
NQoos_2: dont master anything
daytraderone: yes for sure
redtoptrader: amen..that's me...
NQoos_2: results inconsistant
daytraderone: that last one i can identify with
mac_07_1: totally sgree with that
NQoos_2: doing too much at once
daytraderone: how many pts per set up looking to take and then get out
NQoos_2: you will find out for you... most doing 2 pts
NQoos_2: some all on all off
NQoos_2: others runner
daytraderone: k
NQoos_2: some less than 2 pts
NQoos_2: they find their way... by practice...same setup
daytraderone: k
NQoos_2: reiew after market
NQoos_2: see what could have been if
NQoos_2: next day or next week.. perhaps readjust
NQoos_2: must be congruent with your comfort zone
NQoos_2: comfort will expand through practice and good results
simple_63: how can I save this conversation ?
NQoos_2: file/save
NQoos_2: ill save for me when i get confused
simple_63: super, thanks NQoos
NQoos_2: simple63.. thank me with you profitable results...... Thank yourself.. you deserve it
NQoos_2: we all here to enjoy the best of everything
NQoos_2: main reason we here... just chose it
NQoos_2: everyday
NQoos_2: with thoughts actions words
daytraderone: nq where do you live?
NQoos_2: a behavior/habit Being perhaps need to rememeber and relearn
NQoos_2: in heaven
NQoos_2: Florida
daytraderone: lol
NQoos_2: lol
NQoos_2: well it is Sunday
daytraderone: true
redtoptrader: at the beach?
NQoos_2: later yes
NQoos_2: 5 min walk
redtoptrader: then it is heaven...at least to my wife....
NQoos_2: heaven state of mind
redtoptrader: don't tell that to my preacher....{:-)
NQoos_2: preacher should agree
simple_63: NQoos , are you a full time trader ?
NQoos_2: yes
NQoos_2: Trader/Healer
lwstud: lol
NQoos_2: had problem combining 2 for a while
lwstud: you are healing me as we speak
NQoos_2: we all healers
NQoos_2: we all transformers
NQoos_2: some more often than others
simple_63: so are you making money to pay all your bill every month ?
NQoos_2: sure
lwstud: and he is not selling a system
lwstud: for income
NQoos_2: never sold anything
NQoos_2: wont
NQoos_2: I am a trader
simple_63: how many others traders do you know that do he same ?
lwstud: just free advice for people who will listen
NQoos_2: y
lwstud: i would like that
NQoos_2: helps me too
NQoos_2: good energy helps me
ed1300: since when are u profitable trader nqoos?
NQoos_2: good profits pay all bills and more...nice life style... less than 1 year
simple_63: Teresa lo say that if you depend on your trading to live you will not make it
NQoos_2: at first perhaps
Rolls200: NQ - I put your "steps to becoming a profitable trader" on the cover of my trading binder
NQoos_2: but can happen fast now
NQoos_2: you have paltalk
Rolls200: great stuf
NQoos_2: and steps to follow
simple_63: yes
NQoos_2: Buffy Woodie others setups
lwstud: cool i will put it on my fridge
NQoos_2: read it everyday
NQoos_2: 3 times
NQoos_2: or more
NQoos_2: put in your car on visor
NQoos_2: will discuss morre when I do workshop on Paltalk
lwstud: make it the 12 step program
NQoos_2: good idea
NQoos_2: 12 step works
simple_63: I have to many setups so I will do one like you say
NQoos_2: havent dicussed that part yet
NQoos_2: the big P
NQoos_2: Power
NQoos_2: Force
NQoos_2: One
NQoos_2: inside you
NQoos_2: allow accept focus
NQoos_2: your Power
NQoos_2: you have it now... justt need to claim it
NQoos_2: not want it
NQoos_2: want = not having
NQoos_2: desire
NQoos_2: desire manifests
NQoos_2: want negates
NQoos_2: want acknowleges lack
NQoos_2: desire celebrates to Be
NQoos_2: or Being
simple_63: NQoos are you for another planet ?
NQoos_2: anyway dont need to agree or understand.. will give process that will accomplish
Rolls200: wow - not able to get over the little hurdles just yet - but close
NQoos_2: allow..accept...focus..be thankful..claim the gift given to us all..
NQoos_2: Prosperity.... many forms
NQoos_2: intellectual not important... Being is
NQoos_2: thoughts words actions
NQoos_2: practice then automatic...
NQoos_2: our Being
NQoos_2: the Truth
NQoos_2: accept allow claim it
NQoos_2: its Sunday........................
NQoos_2: everyday
NQoos_2: sit quietly and listen
NQoos_2: you will hear.... always sending you the Way.... accept what you already
know
NQoos_2: let you Light shine... allow
NQoos_2: easiest beginning is being thankful always
NQoos_2: http://www.talkingtools.com/cd/cd.html also helpful..play is very low..almost so cant hear it
NQoos_2: while ttrading...anytime ..in car
NQoos_2: i use it 6 months ..more
NQoos_2: cost $50... 1 es point.. invest in yourself
Let your Light shine.