I hear what you say but very often the stop it taken out and the market immediately snaps back and makes a new high. That is why I keep, with...
Never let a profit turn into a loss. On the face of it, this looks like very sound advice. However I find quite often adhering to this rule...
So many gurus and courses tell the novice trader "the trend is your friend" and that you should always go with the trend. I find that very often...
There seems to be no end to various "successful" traders who are happy to share their knowledge with you and teach you how to make money from...
But how would you know which direction the market is going to go. I thought the whole idea of the breakout is that you go in the direction of the...
Is it correct to assume that most breakouts fail and,therefore, statistically speaking a better strategy would be to sell into upside breakouts...
Interesting. If I understand you correctly you are suggesting buying the breakout out of the upper trend line of an up trending channel and...
Trading breakouts seems to be a popular method to trade and is quite often written about. However, there are very few detail examples cited on...
I posted this thread and am not sure if I have had an answer. It seems every body is having a go at this guy called Jacek Hershey. Any ideas...
I once read in a book on trading that if you buy a support and you are stopped out you should not be disappointed. You were not right on this...
I think you are correct in asserting that I am using the indicator as a an entry exit signal as well. Perhaps I should seperate the trend...
Aren't indicator supposed to help you get the edge you need
With so many indicators available on the market for establishing trends, it is difficult to know which one to use to achieve more consistent...
You are right. If I knew I obviosuly would not ask. Is this a forum for traders of every level trying to help eachother or is it a forum to give...
Thanks for a very thorough and informative response, especially the role that volume plays. However, I am a bit confused with all the initials...
I think the traditional definition of scalping was pocketing the differecne between the bid and ask which the floor traders (locals) were very...
Limitupmike, I would be gratefu if you would elaborate on what you mean by short term swings. If you mean intraday swings then perhaps you can...
Goodgoing, Just an academic question. If intraday returns are normally distributed with a zero mean cannot one apply the same argument to...
Certainly very grateful for your two cents but here is the question: When is a pull back, a pull back and when is it a trend reversal? I agree...
With the explsibe rally in the stock markets a number of traders, including yours truly, have been left out. I have been very reluctant to jump...
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