Price is usually the ultimate determinate of whether I am correct or not, so I try not to argue with it or trade against it (average down - unless...
I've discussed my holding time previously. Scaling is something I do almost always, both entry and exit.
Clarity of mind.
The major trend of the market is most important. And support/resistance levels are important. I derive those levels not from the chart, but from...
I'm not sure I can give you a good answer. What comes to mind is eliminate what is hurting your trading.
I have looked at insider trading over the years and haven't found it particularly useful so I only look at it on a few occasions. I am...
That was a difficult transition because it's mostly mental. Looking back, I don't think there was anything I did to make it easier. Just know...
I think it's a very good question. A successful trade to me is one in which I've captured the opportunity and IMO correctly evaluated the...
Mainly risk/reward. Risk is more important than reward. One of the first questions I ask is what is the likelihood my position will be wrong.
I should be igoring this post as well, but I will repond to this just to make things simple and clear. Then I will remain on topic. I...
I have 6 charts. 3 of all basic indices (SPX, NDQ, RUS), 1 of the vix, 1 of the tick, and 1 of various (ie. when the market is heavy tech, it...
I tend to look at how I trade relative to opportunities, and then whether or not I traded those opportunities correctly or not.
No, I do trade futures and options intraday as well.
When such a position reverts, then yes I will close out the long position. During these periods, trading becomes particularly difficult...
There are many days when I am 100% cash.
Options I trade are front end, so usually 1-3 weeks time frame.
I don't watch the 200 day MA. But there are times when I will start reading how the market is approaching the 200 day MA so it seems that it is...
Basic example... Generally, as the market goes down, the vix should go up, and vice versa. When it doesn't, or doesn't to the extent that it...
I watch the vix intraday tick by tick. It's important especially relative to price.
I've never found moving averages to be useful in itself. Only when other traders are watching a certain level do I start to watch the same level.
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