In my own trading, eliminating the destructive passion to pick tops/bottoms and instead just riding the trend was probably the most important breakthrough.
+ Although, the urge can still be fulfilled by picking the bottoms of the dips inside the up trend, which tend to happen in predictable zones. It's great fun, and lowers the risk compared to buying breakouts.
Yes, those are my favorite. Classic Dow theory reversals within the context of bigger trend are hard to beat.
All right, I am back from my self imposed trading hiatus. We are giving this another try here to catch the BIG down move imminent prior to the bull run continuing--- will give this 2 entries and up to 10 contracts total, if needed--- Short YM june @14430--- 5 contracts. surf
You gonna be a legend when you catch that big one, am I right bro? You are going to be the guy that calls that big down move RIGHT AT THE TOP? FUCKING RAD BRO!!! Only problem is you will be out of money before you are able to do it. Losers fade uptrends.
Markets ALWAYS pull back, they never travel in a straight line--- there is going to be significant pull back very soon in the midst of the super bull--- it may have started today--- I don't want to miss it. surf
See, you come closer to understanding TA... If you have fundamental reason to short and see a pullback, isn't it a good entry?