Darren, Well a trader should trade both ways, long or short depending on what's the predominant trend, if any. If for whatever reason you are a permabear then I suppose your only safe alternative is to make sure there is a confirmed downtrend and short trendline resistance on bearish formations or solid confirmed reversal formations at the "top" of uptrends. No need to rush the trading both ways correct style but just so you know you will be missing out in half the good trades. Anek
Yup equities are my bread and butter, that's what has paid my bills for the past 7 years of full time trading. Futures are difficult for my discipline because I swing trade stocks and I have time to think and keep my emotions under control. Futures is like a rollercoaster I'm learning, I know what I have to do, but I need to get used to this new pace
Thanks Anek, Believe me I want to buy it up , I sit at my computer jsut watching it charge up when it goes, but unable to pull the trigger. I am not a bear per se, becuase I know its going up and beleive in the move just cannot buy it. Its all the years I traded stocks, back in the day and just clobbered them down, so I didnt have to learn to buy them! But I am trying! Like the rally the first half hour this mornng. I wanted to buy but watched so stayed out and missed some money, which is what I am trying to correct.
Anek, Could you please post your price action power balls on a GOOG 233 tick chart ? Thx in advance. Daniel
Haven't you heard of the PowerBall lottery? I think that is a fitting name. It's different than the powerballs hanging out of your shorts while you trade.
Yup, sounds good and perhaps AHG traders could use your scalp entries to help fine tune their AHG entries....who knows Cheers
Turn your screen upside down. LOL. No really. You may be gravity biased . You may feel more comfortable shorting because the mind is conditioned for things to fall due to gravity. I think I had this when I first started, but it sounds like you are not new to this. That's the only thing I can think of.