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Re: gloe post# 37857

Tuesday, 12/19/2006 1:04:43 PM

Tuesday, December 19, 2006 1:04:43 PM

Post# of 79025
gloe,
Thanks for input, My point is we went in to 5/144 for better entry points but original system was 15, 30, 60, min bars with respective CCI 48, 24,12. So once we enter and becomes profitable switching back to 15 minutes create less whip saw and more profits, we can enjoy a bit less stress full life. Shorter time frame need more attention and create more trades.
Suppose you do 10 trade round trip @ IB it is 10 Cents for them, so if you made 30 cents in a day you gave them 33% I hope you have noticed range for average day trading is 1% and no system can get every penny. so few trade you do your share increase dramatically. I think it as a business that how I can cut cost and increase my profits. This board acts as my board of directors who brings different ideas some will negate my idea and give me better argument for contrary. Trading is not a adrenaline rush to me. I intentionally take time off from trading just to make sure this is not addiction just my business.
I do understand any increment of 100 +/-100 CCI can be traded.
Thank you, again.
Farooq

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

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