Thanks surf. The important thing about trading is not to get stuck in a particular mode of operation. You have to be able to make swift changes to your style. Today maybe is a good time for a swing. Tomorrow for intraday. Next week for trend following. The week after for positions. Plus, you have to have a way of measuring the probability of success of these things for making an intelligent choice. The market rewards adaptability more than anything else.
It's obvious there is one thing in common and that's trading the setup that you find most profitable. Being profitable requires you to adapt & it also requires you to use COMMON SENSE !!! People are confused about trading a trend as opposed to fading something. BULLSHET = FADING a GAP UP AND RUN scenario. (PERIOD) Dont' care who you are, what your call is, that is just baloney. As was mentioned earlier, it goes back to money management, risk/reward entry. NOTHING ELSE matters. Ask yourself, in a gap up and run scenario, what would you be doing? Trying to fade? On what grounds? Those that have traded and spot these setups are playing the LONG SIDE, only an idiot would try to fade it. But of course time frame and context plays a rolle as well, you saying you fade an intraday trade range is VERY MUCH diff't than fading a longer term trend.
They all work for a firm that gives them plenty of room. And lets them continue based on their success from years ago.
On list of strategies that I have seen over the years, fundamental analysis is at the bottom. It may have worked years ago, but in todays trading is basically useless.
It was when she came on tv late one afternoon and talked about her dinner with Bernanke. He had made some off hand comment about how the mkt did not interpret what he said correctly. SP's fell like 20 handles in 2 min. Was ugly. As far as Maria.....she could play fullback for The Giants.
Its painfully obvious that you don't know much of anything about trading. The $100 journal you created was so ridiculously contrived no real trader would post it. All I ever see you do is look at short term swings in EUR/USD and SPY. That's not trend trading buddy !!! If you are going to go out of your way looking for random walk type trades, well no wonder you are clueless on trends.