i have never understood why so many people dis a moving average cross over system. laggin is great it means the mkt momentum is in your favor once you have started to get into the trade!! it is the same as waiting for the buy the next bar . hopefully the shift has happend and you can get into the right side of the trade. please anyone come at me with a ma negative
if you think your strategy has edge and you want to test what you think about it then go ahead and multiply the size by 10 and do a trade not kidding. so if you do a 1 lot do a 10 lot and see how you feel about your said system!! this will very quickly root out if you believe in your system
well i was uopdating in another thread on accident. got crushed down 9k on that dip no risk management just goes to prove you can talk it up know it and then screw up execution whihc needs to also include risk management! i can and will get i t back but i was having a relaxing day just chilling and now look! it happens just like that when all i firing good on all cylinders then boom. you get caught asleep for what a half hour and hour you must protect your ass ets before you do anything else!!
im banged up but not too badly. having a great week. i made some trades long in after hours and did well. you must always keep going keep trading and learning. my discipline was lacking my plan was lacking i had no business making those trades. could the mkt have flash crashed yup. i could have lost 50k if that happened. this was a good wake up call. i must work on discipline on entry and exit.
keep buying dips down here the roll i totally had a brain far and forgot about the roll in indexes it doesnt matter which one im trading it is just that during the roll what typically works outside of the roll can really screw you during the roll