SPY and other stuff

Discussion in 'Trading' started by KGTrader4, Mar 21, 2022.

  1. KCalhoun

    KCalhoun

    the one biggest lesson learned in trading 20+ years >40 million worth of order flow last year alone, is trade outliers, exceptionally wide ranges, at pivots or breakouts, vs all the choppy af charts. i lack discipline to be selective like that, i overtrade bc i love this stuff, but fwiw thats a key lesson learned : o

    and, clean wide multipoint range orb charts like OXY vs choppy under $10 pos stuff :D

    oxy21marr.jpg
     
    #11     Mar 21, 2022
    murray t turtle and KGTrader4 like this.
  2. jnbadger

    jnbadger

    I didn't see anything rude about this.
     
    #12     Mar 21, 2022
  3. KGTrader4

    KGTrader4

    neither did I. Constructive
     
    #13     Mar 21, 2022
  4. smallfil

    smallfil

    You cannot account for every possibility, that is the reality of it. That is where exceptions, come in. Once, in a while, an outlier trade occurs where you have the option of taking windfall profits. Take it when it is there. It does not happen too often that you have to make the most of that trade when it occurs.
     
    #14     Mar 21, 2022
    KGTrader4 likes this.