notanewmember Posted September 7, 2010 Author Report Share Posted September 7, 2010 Hi folks, I'm going to put this project on the back burner now. I've been busy working on an exciting new project day trading indices during the day and forex using spreadbets based on breakouts that I have already been using. An evolution if you like. There's one thing with day trading with a spread bet platform you must remember, that I have figured out. The charts are delayed by 15 minutes! So it is impossible to trade real time using them! I have developed a simple method/system just by reading the tape real time [just like Jessie Livermoore!], and trading sucessfully with it. You can therefore trade without charts, and indicators. I can't believe its taken me this time to make this discovery. I suppose if you stare at charts and numbers long enough you'll get that eureaka moment. I can't reveal the precise details as it will be a profitable way to leverage my money, but except to use a Risk/Reward ratio of 2, and positon sizing of no more than 2.5% of the pot. Link to comment Share on other sites More sharing options...
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