%% WELL Trader 1974/1975, a price trending/staying above 200 day moving average, tends to be a BUY; but what'$ the 3 year + 10 year chart look like?? As far as a trade, looks OK; I also like to slowly snug UP a stop= a good tight trend will NOT get hit much + a sloppy trend will get hit= so fine with me, 'cause I don't like sloppy trade trends.[You can get/ buy into sloppy stock ETfs trends 'cause they tend to be bullish+ uptrend for long periods, but that may NOT help this trade??]
Wrbtrader, thanks for sharing this information. Which of these professional trade journal software platforms do you recommend? Thank you.
Try any that has a free trial and / or try the ones that are a sponsor of this forum. Most importantly, talk to your broker to get a list of the ones that work with their trade execution platform although most brokers have basic quantitative statistical analysis tools embedded within the platform. wrbtrader
It is profitable. But then look for other indications like the speed of the level2, volume bars, the general market sentiment,news etc...