I was told about this site by Justin Krebs a wonderful chap who truly is a very good trader and teaches people who are serious how to trade.
I am in my third week of simulation work.
His course was the best money I have invested in trading.
From his lessons and points of importance
I created my plan of action that is based on "30 days to make a habit"
I. I choose to be consistently profitable via simulation over a three week period
II. I choose to adhere to my trading plan
III. I will demonstrate discipline in three other areas of my life that others can verify Diet, exercise, and patience
IV. I will read at least 15 books on trading before I can begin.
V. I will study at least 4 hours daily
VI. I will be able to set and forget at least two trades daily.
I would love to have some "simpatico"
When I am determining my supply and demand zones for my trading day
I examine the time frames for
month, week, day, 4 hour, 1 hour, 15 min, and 1 min.
Obviously one you have the zones for the month and week you would not need to duplicate them daily.
Mulitple Time Frame Analysis
I try to make sure the scales are essentially the same.
Hard to do some times. (So I redraw them when necessary)
Its been easier to see the zones this way.
Once the zones of demand and supply are drawn for each of the 6 zones
I then begin to find fresh supply and demand zones as the day progresses to bounce between. They seem to be about 20 pips for the EUR USD for the 4 hour chart currently
Eventually according to the plan the bounce becomes smaller and tighten and will break one of the longer term zones from day week or month
I attached my simulation trading detail downloaded from tradestation this day.
It was good 7 wins 1 loss biggest win 17 pips Only loss 14 pips
Net $3400
Trade Margin $25,000 1MM EUR/USD
Its been working I will keep you posted if there is interest in this thread
http://trynaturopathy.net
I am in my third week of simulation work.
His course was the best money I have invested in trading.
From his lessons and points of importance
I created my plan of action that is based on "30 days to make a habit"
I. I choose to be consistently profitable via simulation over a three week period
II. I choose to adhere to my trading plan
III. I will demonstrate discipline in three other areas of my life that others can verify Diet, exercise, and patience
IV. I will read at least 15 books on trading before I can begin.
V. I will study at least 4 hours daily
VI. I will be able to set and forget at least two trades daily.
I would love to have some "simpatico"
When I am determining my supply and demand zones for my trading day
I examine the time frames for
month, week, day, 4 hour, 1 hour, 15 min, and 1 min.
Obviously one you have the zones for the month and week you would not need to duplicate them daily.
Mulitple Time Frame Analysis
I try to make sure the scales are essentially the same.
Hard to do some times. (So I redraw them when necessary)
Its been easier to see the zones this way.
Once the zones of demand and supply are drawn for each of the 6 zones
I then begin to find fresh supply and demand zones as the day progresses to bounce between. They seem to be about 20 pips for the EUR USD for the 4 hour chart currently
Eventually according to the plan the bounce becomes smaller and tighten and will break one of the longer term zones from day week or month
I attached my simulation trading detail downloaded from tradestation this day.
It was good 7 wins 1 loss biggest win 17 pips Only loss 14 pips
Net $3400
Trade Margin $25,000 1MM EUR/USD
Its been working I will keep you posted if there is interest in this thread
http://trynaturopathy.net
