Tag Archives: Trading strategies

If I was on a deserted island …with high speed Net access and had one buck to trade and one individual I could ask about the way to trade that dollar… That person would be Erich Senft. A while back I was stupid enough to suspect that I had learned almost everything Erich had to teach. Erich says, you will never become wealthy trading 1 or 2 contracts per trade. Cashflow control is the “do it or lose it” practice for ANY trader. If you’re not using an ironclad, mathematically proved, money managing methodology then you will simply whittle your account down to nothing.

NinjaTrader is a great charting platform, it is sorely missing Point and Figure bars. This cutting edge indicator takes the best from both worlds. These Point and Figure bars are worked out based completely on any one of 11 key indicators.* The Indicator Powered Point & Figure bars help outline momentum or trend direction employing the classic point and figure system. Nonetheless the routine is worked out based basically on indicator price in sharp relief to the elemental instrument. *Currently used with 11 built in NinjaTrader indicators ( RSI, MACD, StochasticD, StochasticK, ROC, CCI, ErgodocOscillator, Fisher Transform, Momentum, PriceOscillator, WilliamsR ).

So here we are. End of September/beginning of October. All our analysis seemed to point to there being tons of great trades on the way. Frustrated? Dying to catch something? Thinking about taking that marginal trade because you don’t want to miss… + More

Over the last couple of weeks, we have seen a broad influx of people into our realm of the trading world.  I am completely thrilled by this and always happy to share my trading space with as many as possible… + More

People often ask me, “What’s the best day trading indicator you have?” or, “What indicator makes the most money?” These are good questions but it’s like asking, what tool makes the nicest furniture?  Sir, there are a dozen hammers in… + More

I’ve never seen anything like this.  There’s a massive discussion happening over on the Forex Q and A page we set up.  It’s practically a Forex course in and of itself… you can thank Omar Eltoukhy.  It’s all him! We… + More

With the kickoff of 2014 opening the doors to our live trade room for EVERYONE, I have seen a lot of new faces.  I very much enjoy the company though, and am glad that people from all over are testing… + More