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Luc Chase says
January 31, 2017 at 11:33 pm
Would be good to see what steps Al takes to actually enter an order. e.g. I was using a broker because of tight spreads, etc. but in the end stopped using them because it takes about thirteen clicks to enter a bracketed order with them; I found that too frustrating. So, I moved to a broker with very good methods for setting up default one-click bracketed entries.
BTC Admin says
February 1, 2017 at 10:46 am
Al also uses one-click bracketed orders on TradeStation, as I do with NinjaTrader, and no better way to optimize trade entries really. The stop order is usually much further away than it needs to be, but then adjusted for the price action. Targets are easily adjusted too on the price ladder, as you know. The important thing is to get into the market quickly, and have a stop in place should anything untoward happen – like an Internet failure.
Ref taking trades, Al started live trades in his trading room today. It will be a few weeks before he gets comfortable with the process, having to balance live trades with his personal trading, but it will develop to show how Al manages different trades – winners and losers!
I will grab some of Al’s live trades from the room videos and put up on site for a special Ask Al posting.
February 7, 2017 at 8:45 am
Wow. Any chance to see a successful price-action trader would be really something. It’s so rare to see such a thing. Live would be excellent but even recorded would excellent too. And it doesn’t really matter if the particular trade is a winner or not. I so want to see how it is done, the timing, how the trade is managed when it doesn’t go directly to the target, when the decision to exit is made. Surfing the chart.
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