Really, that's interesting? Now I'm intrigued. Which traditional rules should not be ignored? Trading with the trend, cutting losers short, etc. Aren't these good rules?
Averaging down. Picking tops and bottoms. Get rid off.. TA Candle Stick patterns. All indicators other than a humble MA. Pivot points. That 31.7% math crap. Anything slower than M15. I'm sure there is more, but working
Are you saying to average down and pick tops and bottoms or that these should be avoided? Get rid of the rest except MA? Trapper
Yep in short. Buying along the way generally turns on you same as adding to a profitable position generally suicide. Tops and buttons with tight SLs. The general norm is becoming not using an SL all these days just madness.
Okay, I trade similar to this only on a longer timeframe. Have you tried your setups on stocks on a longer timeframe? Trapper
I can take an argument that wins a D in Philosophy 101 for circular reasoning down the hall to the Anthropology department and use it to support evolution and get an A! You went straight to doctors for some reason so I'll say it: they aren't here for your health! Three introvert personality types survive med school, the rest are weeded out by the professors and by the ridiculous demands put on them when they first start practicing. They are brainwashable! They are technicians that speak Latin and sell drugs that are not healthy. If it's actual health you are after you don't go to them for any reason other than due to laws passed by the Medical Industry you are not allowed to own or operate the diagnostic equipment. You have to go through them if you need some advanced diagnostic shit. There is better diagnostic stuff coming out of Russia but you'll never see it in the US because it detects things very early and you can cure it with diet and supplements.
Erm good for you but can you make any serious cash off doing that? I doubt it. Again we are talking about education as a means to making money here, who cares if doctors really add any value to society?
Thanks for sharing this! Will there be more than the 2 episodes? I like Scott Redler. He's a great trader. Consistent. I was a member of T3Live and he had a lot to offer. His "Morning Gameplan" was great! Thanks again for sharing this.