POLL: Intraday traders, do you enter on breakouts or pullbacks?

If you trade intraday, then please participate in this poll.

Also, if you position trade, then please be sure to participate in the position trading poll:

http://elitetrader.com/vb/showthread.php?s=&threadid=176247

 

I trade the larry williams way. both

 

Do you mean a "breakout" of the "daily" highs?? Monthly highs? or the last TICK??

Is a "pullback" a "retracement"?

Enlightenment comes first with thinking with precision, speaking with precision. Only then can you ever hope to trade with precision.

 

However you choose to reasonably interpret it. It is neither my business nor my interest to get into the specifics of your trading method. I am only looking for general categorization.

 

What person that calls themselves a "trader" would go long a "breakout" but never a "pullback". Or do you mean "fade" these?? SEE?! The question doesn't make sense.

 

You need a "none of your damn business" category.

 

LoL

 

Perhaps. Even so, other respondents managed to vote.

 

Yea, you missed this category:

NUNYA

NUNYA dam bizzness!

 

Most of my trades are pullbacks on one time frame synergized with a breakout on another, if that helps any.