You are assuming the daily trade is the beginning of a new trade when in fact it can be that or - Selling at target - Covering at target -...
Saxon22, Difference is, I don't let intraday noise get in my way. As I only buy major support or short major resistance. Usually about 1...
Traders Expo or Snake Oil Selling Expo ? Come on now, these guys aint traders. Traders trade, who the hell wants to run a business when you...
Oh and you must not be glued to your screen, breaking your back with swollen eyes. Pre-program everything and collect when passing GO! :D ADK
A daily chart, common sense (buy low sell high) and some balls is all you really need. Discipline of course but if you are expecting a good...
The Holy Grail still at its prime. Two positions placed on Friday, I only go long at support areas, and a third during AH Sunday-Monday....
Here is the "horror" of averaging down with the trend at support levels until the predominant trend absolutely changes. It's not the best, but...
It irks me that some traders here can be so dense. Tell me, what happens when I buy three support levels and dump them all at new highs or some...
One thing that I pay very close attention to is the 200 MA. Fundamentally speaking, averaging up is a great money management approach the big...
I got to hand it to you Anek I love it when you let us take a look at your trading mind. You got a gift for this. Say, would you be interested...
Once again I see traders assuming that when I have a loss is 20 times the size of a winner or one whole months or profits or God forbid, that it...
At first it is a stressful tactic, that one I will accept. Once the system is polished to avoid blowing up, it's an ATM. You can't be stubborn...
Hey man i wish you werent so dense about this. I have a huge respect for what you are doing in this forum and for your trading. One can clearly...
Absolutely. Guess how much money this technique made today for me in the ES and the Nasdaq? I'm sure you know. All i did was buy...
If a bull market: buy support sell at resistance If a bear market: short resistance cover at support ADK
You need rules. Can't do it forever and must go with the trend at hand. It's all in the mathematics just like options. ADK
In fact! I think people are quick to criticize here because when done correctly and responsibly it is indeed a very powerful tool. ADK
Yep, I also learned it at a prop firm. Real money machine. Newbies here just don't know how or lack the cajones. ADK
To AustinP: I assume the P is for prick. You don't have a clue as to what I'm saying. You conceded bastard. To scriabinop23: Oui,...
As much as an oxymoron as it sounds you must the cost averaging cleverly and responsibly. Problem is most of the traders cannot.
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