My point is that regardless whether the market is random or not... trends do exist. The simplest methods can be used to capture a piece of the...
Some of the best traders in the world.. use the most simplest techniques to make $. Contrary to popular belief... making $ is not about...
Check this chart out... another simple yet powerfull chart... Who says trading needs to be so difficult? lol
When the market closes above the red line 927 level... then things get really interesting.. Further.. if the market closes above 940......
When will the bear market end.. this chart might be a clue...
Zorak, In reality I doubt your system. First of all.. since you are making these tiny little gains.. they will surely be offset by...
What type of mechanical exit do you use?
OK... thanks for the clarification.. I guess there is a level of discretion that needs to be applied... --MIKE
Just ignore Jack's posts. He makes trading so complicated. At this point his posts are frustrating. I have been making $ consistently swing...
This is one of the biggest falacies of swing trading. A pro swing trader.. risks a tiny % of their equity per a trade... and in case of the huge...
Banker, Thanks for the Cigna chart.. although I know in reality most of my trades dont trend that beautifully. How do you define a swing to...
Banker... I like the idea of going intraday to trail a stop.. assuming you are swing trading the daily bars. I am looking to trail a stop...
Mondo what kind of trail stop? --MIKE
Brandon... although your post was informative.. its something thats basic and very general. I am trying to focus this thread on specific types of...
Check this info regarding ATR........ http://traderclub.com/discus/messages/107/107.html?FridayAugust1720010827am A 1 or 2 bar low.. is...
I primarily play pullbacks in trends... so when I enter the initial stop loss is the low of the swing.. or %10-- which ever is less. Once I...
ALL Exits
I would like to start a thread sharing various exit strategies for swing traders. Here are a few that I use... 1.5* atr (2day) 1 or 2 bar...
Jack writes in another thread regarding position sizing..... "What is the rate of growth of the increase in your capitalization as just realted to...
Surfer, I think you are on to something.... --MIKE
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