Ha ha, I have a way of making things sound overcomplicated. I'm not entirely sure that there is a perfect exit strategy.
Hmm, I agree to an extent and yet disagree. I base the majority of my entry on price action, usually trend pull backs. I just use the indicators as extra safeguards. Maybe you could call my way a hybrid system? My main bug bear is having the bl**dy patience and discipline to wait for my set ups and not trying to force the trades out of boredom. LOL
You guys really have me wondering how I would do trading with NOTHING on my chart except price bars. Maybe all this time I'm thinking the 20 EMA and 1.0 dev Keltners are my keys to the kingdom and in reality I'd be making 5 times as much income without them.
In my experience it's very difficult to hang in through a pull back if you're looking at a nice chunk of bankable profit... ...the old psychological gremlins at work, I really must find a way round it as I seem to be consistently coming out too early. you're dead right about assumptions, not good to try and impose your own bias.
Haha! It's true bud, we are 'doing' animals, most of the time trading is about not doing, a very important trading concept.
You're dead right Dackster, rather than discussing methods and systems perhaps we'd be better off discussing how to better cultivate this essential skill.
If you take a bird's eye view, you WILL get there a lot quicker, and, avoid all the silly drivers that might well crash into you TE