Nice, a thread full of high quality info. I got a couple of suggestions myself. For starters take ESD's brilliant post and print it. That's...
This is a doom and gloom scenario but nevertheless possible. I do better in bear markets, higher volatility better targets, so a little wishful...
Can't argue with that, but the right shoulder we plotted on the monthly chart looking like it's doing it's job and the neck is nowhere near these...
It's oversold but it's downtrending which is why the majority of traders get burned, as it can remain and continue oversold. Fading strong...
RE: Short 2358 NQ - 2 due to rollovers Trailing my NQ stop to secure 50 points. Still looking for below 1900s area as final and only target...
Trading what you see is fine, in fact it's more than fine, it's the correct approach. The problem lies in educating yourself as to how you view...
During my beginning years: Just about everything. - Blowing up accounts - Not respecting stops - Expanding stops - Adding to losers -...
- Having a plan with positive expectancy - Having adequate capital to execute the plan - Having the discilpine to execute the plan to...
That's right, your analysis is too good, it's your execution that pales :D Good job reading the market.
Absolutely, taking small realized losses is far better than letting an unrealized loss get out of hand because the risk just begins to get out of...
fed and candles. I'm not even sure what level of experience you guys have here but some of these things you guys are saying are ludicrous....
I understand your skepticism and is wise of you to approach public forums with such attitude. However, I'm pretty sure NoDoji means well and is...
It's easy to say the trend is your friend, because it is. The hard part is what's the current trend, a much more difficult question.
Long ES 12 Stop 7 Target 1 22 Target 2 49 Stop to BE after Target 1 NAD
Adding to losers is a cancer in trading. Not only is it a sign of not knowing how and when to enter but it has a high probability of giving...
Hi, Could not help noticing you won't reveal details of your stategy, in my opinion this is a mistake, because then you can't be guided...
Does not matter, treat each add like an individual trade, with individual stops, in the meantime, you are letting your previous winners run....
I gave you a simple example for visuals. Definitely, agree with you that many times instead of resistance turning into support we see a failed...
Yes your average cost is raised but at the same time price has plotted price action you didn't have before. For instance, say you buy below...
Does it really matter if our winners and losers happened on low or high volume ? Feels the same to me. A loss is a loss a winner is a winner....
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