links for 2007-10-30

2 Responses

Jeff Says:
October 30th, 2007 at 8:05 am
so you use this? and how has it changed your results?
Richard Says:
October 30th, 2007 at 8:16 am
you mean I use the eotpro indicators? Yep, for about a month now. For stocks, the main thing I’m using them for is to time my exits better, and help me scan for candidate stocks easier. I am still entering trades mostly the way I am used to doing, since I already had a stock trading “system” that worked for me.

The way I trade stocks does not translate to index futures though, so I am trying to learn their style for futures trading. It’s not been easy for me, because I have trained myself to trade stocks very differently. But, I understand how their system works, and I see it working extremely well in their live room every day. Even now I am profitable most days, but I still need to take it up a notch for the money to start flowing faster.

Their indicators work well together to give you a picture of what’s happening in terms of volume and time and price, and as I get used to their entry criteria on futures, I may start taking stock trades with their full system. It’s a much less scary system than the one I use for stocks… less stress!