%% ANYthing can slop=chopTrend; that's why never trade or invest with money you cant afford to lose. I'm looking @ a QQQ now, daily + monthly chars are uptrending with PSAR dots + such going up. And there is a good reason why funds measure on daily + monthly ; 5 minute chart can be noise, even more so with slippage\ + bid\askLOL Yes, product matters a lot; DAL,enron single stocks went bankrupt ,oil + nat gas have gone negative.
%% Good points.........................................................................................
Your response is interesting because it takes the polar opposite viewpoint from mine. I thought his points were nonsensical and not useful for trading.
%% LOLI had to edit his a lot......................................................................................; for it to make any kind of sense. He posted 1st time choppy indexes; most likely confused with RSI chop
There is no effective way to trail stops, we tried every combination of everything the past decade, the markets have perfected everything that you net profits to zero until a long-tail event or capital destruction event comes along, but please feel free to try, read the Turtles about how 80% of profits evaporate.
%% LOL; so little difference in Turtle channel + Don channel. Speak for yourself , not me ; nor would i be this blunt with your wifeThanks
Seriously, I was talking about Dennis Turtles, trailing stops don't work unless you are used to losing which almost all are, they they work perfectly