Hi Erol,
Thank you for your courtesy.
I have always traded tms along with other systems. I like tms. The problem is the
London session is 1:00 a.m. my time and the N/Y session ranges alot.
So I had to convert to daily and 4 hour charts cause I could not stay up all night. What I
found is that you can make a excellent trade on the 4 hour chart and sometime during
the night it will flip direction. In other words, win big/lose big. So the question became
what to do about it?
When Dean Malone added the guppy system to tms that helped alot. Now I can get a good
feel for the trend on the daily and 4 hour charts. I can set my trades and go to bed with a
lot more confidence about the trade. Imho the guppy system enhances the tms system.
But please don't get the wrong impression. I also trade the tms on the lower time frames.
Especially during the N/Y session. I have scalped the markets using tms and it works
pretty well. I like the tdi and tms.
As far as multi accounts. I have my account but I also have a account for my son & I.
You contact your broker and explain to them you need 1 account for you and 1 account
for yourself and someone else. (you need to fill out the application). They give you
2 different account #'s. You then toggle between account numbers to make your trades.
The reason I do this is, it's my son's college education fund and the accounting is
seperated out.
I hope this explains it better...once again thanks for your courtesy. I'am glad I
could help you. Eelfranz helped me and I'am just trying to return the favor he showed
me. Eelfranz was a very special person!
Once again thank you!
snarlyjack
Thank you for your courtesy.
I have always traded tms along with other systems. I like tms. The problem is the
London session is 1:00 a.m. my time and the N/Y session ranges alot.
So I had to convert to daily and 4 hour charts cause I could not stay up all night. What I
found is that you can make a excellent trade on the 4 hour chart and sometime during
the night it will flip direction. In other words, win big/lose big. So the question became
what to do about it?
When Dean Malone added the guppy system to tms that helped alot. Now I can get a good
feel for the trend on the daily and 4 hour charts. I can set my trades and go to bed with a
lot more confidence about the trade. Imho the guppy system enhances the tms system.
But please don't get the wrong impression. I also trade the tms on the lower time frames.
Especially during the N/Y session. I have scalped the markets using tms and it works
pretty well. I like the tdi and tms.
As far as multi accounts. I have my account but I also have a account for my son & I.
You contact your broker and explain to them you need 1 account for you and 1 account
for yourself and someone else. (you need to fill out the application). They give you
2 different account #'s. You then toggle between account numbers to make your trades.
The reason I do this is, it's my son's college education fund and the accounting is
seperated out.
I hope this explains it better...once again thanks for your courtesy. I'am glad I
could help you. Eelfranz helped me and I'am just trying to return the favor he showed
me. Eelfranz was a very special person!
Once again thank you!
snarlyjack
