I think the OP is being sarcastic.
A strong trend began to retrace more than the norm, this is typically the weakness of many....
Many here are reversion to the mean traders.
Topic: Why Profitable Trading is So Difficult
Simple answer, because it just is, and when someone claims how easy it can be, proof never seems to...
how about now? :)
Where's the OP? :)
There it is, its the LOD area
Cash 1794 area is good support, currently at cash 1804.
I know the difference quite well, it just seems to be you dont like to be corrected.
Based on current pre-market action looks like today could hurt.
Still considered part of the patterns family.
Itensifying now (-0.877%)
Futures getting hit semi hard so far....
You use channels extensively, they are also patterns.
Good stuff, agree.
Reduce size so you can stomach position trading.
I realize I started the thread without posting my choice.
I like to let the market get me in, and take me out, so my choice is trailing stop with...
Best play here is whenever it rallies on hope, buy puts...
Sounds like you getting ready to do some snake oil selling of your own, so the transparent answer with words of wisdom from Handle rubbed you the...
Fixed target ?
Trailing of stop ?
Scaling out ?
Combination of trailing the stop and scaling out ?
Separate names with a comma.