I have a rather tight stopp/loss with normaly between 50-75 USD per ES-contract with a "Dead mans Hand" of 100 USD per contract. When I`m in a trade I read the "tape" all the time and that means I can cut my losses quick. I´m also a big supporter of posionsizing which for me means if I pass R2 I double but normally take these contracts out after 2,5 points.
I like the "winebootle" part, too. In any case, if he's trading support and resistance, he's not trading trend, he's trading counter-trend, unless he's trading breakouts, though if he's range-trading, he's not trading trend at all. I doubt he'll clarify.
Please forgive if I don`t understand you right because I´m not a native ennglish speaker. For me a trend starts when breaking a support/resistancearea, normally two-three points up. Everything less is "noise". If the attack "fail" I take the countertrend when it is 3,5 points back, less than this(up to three points) can be a pullback and should be traded when it reverses, look at todays action!
This is a more-or-less trend-trading approach, but it's also pretty standard stuff. What sort of advice do you have to give that hasn't already been given in all the other trend-trading threads? Incidentally, native English-speaker or not, calling everyone in your audience "losers" is generally not the best way to encourage discussion.
It seems you when using your current trading system would have experienced "cutting loss quickly" for at least once, haven't you ?