Well by doing this you would be interfering with the one variable that gives this strategy any hope, high accuracy. NAD
There is no danger in trend following, the danger is in irrational money management. NAD
There's a a fundamental flaw with your concept. You need strong retracements that end up resuming the trend to make good money. Yet strong...
Absolutely agree. In a strong trend the least probable next move is reversal. Consolidation, continuation, failed breakout, all very high...
I respect your style eventhough is the opposite of what I do, however, one thing Ive learned over the years in trading is that there are many ways...
I'm not as precise as some folks here. Such imprecision could mean I'm early or that I'm dead wrong on direction. However, I don't know this...
NoDoji, Thank you for visiting my journal, I want to take this opportunity to tell you how much I enjoy reading your price action related posts...
Bought some SPY in the morning. I was not around to manage it but when I came back before the closing bell it was so strong I decided to keep...
Very pleased with JPM, see no reason to sell or scale out. Letting my good winner run. Off to an early weekend. NAD
JPM position: NAD
Witnessed a very tight range in the market today, possibly precarious to INTC and JPM earnings. Once the market pulled back I used the...
No trading was done today. This cold weather is killing me and when I'm sick I don't like put money on the line. I did monitor the markets. NAD
I trail, I don't let it go too far against me precisely because of what you mentioned I could also use individual stops if I wanted to. The...
I trade from work because eventhough I'm consistent in my trading those monthly responsibilities get in the way of raising trading capital....
Did some minor scalping at the end and got me more minor gains, seems like the broker made some money too, but I made 4x as much as them, so no...
Well, the pyramid I was building fell apart out of nowhere with a sudden fast selling move during lunch hours so the position I was building was...
This morning after the market opened, saw some minor weakness due to a right shoulder so decided to short it small and added as the market...
I don't always add to winning trades, only when I feel we haven't reached the primary target and strong price action develops as we get there. If...
100 share afterhours trail was stopped out breakeven due to slightly dissapointing AA earnings. NAD
That is correct, it was a mistake due to desperation. No real complex logic, just a human being making mistakes. NAD
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