Thursday, February 19, 2009

Some Floor Trader Trades and Trader X madness!

Picked up the Floor Trader Method recently and have been paper trading. Wanted to share some observations:

Seems most reliable setup is Level 1 setup that pierces the 18ema with pullback on a decreasing or consistent level of volatility. Here are some highlights:





Also, shout out to Trader X for his contribution to the public domain.
Sweet top-out trade in SHPGY today. Missed the last 50 cents completely.


Now for sleep. Was programming an indicator for eSignal late last night that compares present volume to relative volume, cf. Dr. Brett Steenbarger at TraderFeed.

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