Readers, we are looking to enter long BANK OF AMERICA BAC and CITIBANK C on break out closes above 13 and 48 respectively--- These companies are setting up for major momentum moves upward very soon--- but wait for the break out signal prior to entering. surf
Surf, Exercise is like trading. There is a simplicity to it that you will recognize in 5 years as you watch all those poor lost souls at you local gym contorting their arms in strange ways. Inventory your physical issues as a 40-50 year old man I am guessing. Arthritis, bad knees , hips, high blood pressure.....And do no harm, proceed slowwwww. Your vascular system especially....the heart ....need to slowly adapt to stress if it has not been positively stressed in many years. Stress test at your local hospital before starting to see if a sustained elevated heart rate is ok for you. This is absolutely necessary. Now, simultaneously lose weight And put on some muscle.Maintenance for each additional pound( 10-15) goal over years allows 30-50 calories/day additional to your diet. Almost all the work and discipline is done in the kitchen not the gym or exercise room. How....specifically....To do this. 2 multi joint compound moves/lifts in the horizontal plane and two in the vertical plane. That's it. No pufffy...puffy arm movements. 1) push-ups 2) standing rows. 3) and 4) Olympic clean and jerk.... Watc.h a YouTube video. You can do with light dumbbells Doing #2 correct is practice. On your heels...don't bend knees forward to far beyond your toes, pressure on your hamstrings and ass, moderate arch back, elbow resting on knee And row a dumbbell one handed. All the work is done with the posterior chain . Think don't use the quads and knees like A Sumo wrestler or NFL lineman. 3 and 4 integrate a squat and dead lift. The push/pull in the vertical plane into one complex move.. First think pull to clean the weight and end in a full squat position. Then stand for Completion of the squat phase, then smoothly press(the jerk part) over your head. Work light and fast. Find YOUR groove that is safe and stress free on your body. Again, do no harm.Your vascular system.... ( re: blood pressure)will be positively stressed like running(cardio cannot do). Circuit training like this can be a PART of cardio but you still shoul do a bike or such.... 30 minutes 3 x a week. All this can be done with a set of modern adjustable dumbbells in your home babysitting your new baby. No one will call you a fat ass again and you will live ten years longer and feel great. I am sure of this.
Thanks for the tips. yeah, I am in my late 40's but fortunately have decent genetics so I am avoiding those ilnesses you speak of so far---yeah, starting slow and trying to be focused. best wishes, surf
Hey Surf, Just curious, do you know Dave Reagan? He had software awhile ago for Tradestation that seemed to trade the same idea you trade. He programmed Donchian stops. They worked until they didn't. Just curious. Thanks
Ok, thanks for the answer. His programs were good for big wins, but took big losses also. Thought maybe it was a similar idea to our trading. FYI, I got long BAC 12.34. Gap up a couple days earlier, retrace and long. I am currently looking to sell a call against my position yet not give it up.
Thanks. yeah, the this system works very well in high volatility regimes--- i used it in conjunction with gannwheels back in the early 2000's on the Nasdaq futures and did very well--then switched to the DJIA, did well, then it stopped working. THe system rule is to have stops at the same channel level, the 3 minute gap in between breaking and entering varies. then trail at your comfort level or system goals---- Will be entering LONG BAC and C at close if price stays above 13 and 48. good luck, surf