It is easy to say so in the hindsight, but based on my experience TDSeq does not give correct indications of direction change for continuous trend ( unless you use 2days, or 3, or weekly for counts). I probably did not read till the end of the thread, but anyways - I guess you know what I said above too, so - WHY GTI short on 5/15? Thank you
Nice on on FRO - OIH holdings were flashing weekly sell all over Monday morning - so I just boarded quite a few jun210 puts at 10AM on monday. Sold to close most on Thursday - 100% - I'll take it anytime.
I agree with you about TDSeq and many other of DeMarks indicators not working out of the box. I think he could be more upfront about the indicators not being optimal. I don't actually use any of his indicators but I do use and agree with the concept of fading to achieve greater results. GTI was a swing trade that didn't act the way I expected so I cut and ran to keep the result small.
Hello David, Very nicely done with your trade! FRO was based off a new signal for swing trading. I wish you a very good upcoming week. Will be great to get back at it. Bob
Looks like your daytrading is more consistent than your swinging. Care to share more insight as to how you daytrade? What is your setup.. are you fully automated? Also do you trade fultime? thx
Hello TrendFader, Yes, I would also agree that my daytrading, especially my shorts are much more consistent than my swing trades in this thread. The swing trades take time to develop so I think thats natural. I use completely different and unrelated methods in daytrading and swing trading. I am not automated at this time but looking to automate some/most/all of some of my trades. Best of trading to you
No real trades today. Just scalped all day long waiting. I did make some changes to the setups so perhaps that had some to do with it but not much upside movement in any stocks in my watchlist. still have S 6 Qcom @ 48.71 that I would like to see gone during afterhours trading. +511 for the day / week - 1157 for the month + 38296 for the year
closed out of Qcom near the opening for a small profit. only one trade today. CLF which i also scalped. + 294 S:6B Still short 12 CLF @ 105.95 scalped RL + 173 EME + 21.76 ANR + 565 IB TWS showsover 1K for the day but the account screen shows 881. + 881 for the day + 1392 for the week - 276 for the month + 39177 for the year