Stochastic oversold reversal confirmed by 5 sma on 1 min tick chart on an up trending stock. Check it.
Fade human nature? "Your trading system is all the emotions you're unwilling to experience" -Seykota
Here's one: tradestocksamerica.com This guy was the first to show me a profitable technique. I didn't use it until I lost a lot of money...
I'm a little surprised you didn't post about the consolidation over the past few days that just broke down.
Thanks for that. Just relax....... I buy weakness after it starts to get strong and sell strength after it starts to get weak. I've been...
Very good summary. I completely agree. This would explain why edges get dull, managers run automated funds, and all manufacturing equipment has...
More question marks than I see on a typical manager's face in a week......... :D
Here is an amateur's opinion, based on the basic EW rules. You never know wave 1 is finished until wave 3 exceeds the wave 1 peak. I know...
I found the opposite to be true when testing my own trend following strategy.
Yes, thanks. Please allow me to clarify. My assumption is that a trend following approach will be used, not selling puts, huge leverage spread...
LTCM did not have a known expectancy. They had a model based on flawed assumptions. Trend followers have empirically designed systems based on...
"any idiot can design a complex system, but it takes a real genius to design a simple system to perform the same task"
Van Tharp, one of the two authors who helped me finally get it, actually suggests in his latest book to design one system for each market...
Since discovering a few edges myself, I've been a little shocked at how little most people care. One guy I know did actually take some of my...
As Hershey would say, the right trend line defines each. Draw a line to the right of each best fit sequence. This technique is 100 years old....
Here's what I see: Chart 1: 4 trends and 1 sideways Chart 2: Shorting oppurtunity Chart 3: Cautious long potential, depending on...
Lol
Classic momentum analysis is pointing in the opposite direction, as is the broken trendline and dow theory. Who to trust? :D [img]
Lol He's good at hedging his verbiage. He could have a bright future in financial journalism.
trade you way to financial freedom, by van tharp
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