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I won't look them up now - too long ago.
An advantage of the simulator is that you can leave every trade to to see what would have happened. So often though, you'd have been waiting through something you wouldn't want to worry with.
I only hold through a dip if I have confidence in the trend overall, and that it's reasonably steep.
Look hard at the wicks on this meagre uptrend from above:
You can tell when the rises are slowing down. Get out then - a bit early maybe but before there's a red. The following top wick or two is hardly any higher in most cases. Then wait until it's gone down, and shown another decent green before you get back in.
If it carries on up after a hesitation then you miss out on some of the rise, but you avoided a drop.
Of course we get caught out. Once I've started losing though on a trade I still prefer to get out. If you don't, the direction will usually continue backwards - though sod's law applies. At least you don't lose much. To hell with the extra profit you could have made if only.... That's not money out of your pocket.
Recently it hasn't often been easy. Tradertv's approach usually works
He decides which way something is likely to go, and what the levels are That's usually enough to sit there all day.
If there's no catalyst, then I wait for a trend to establish, otherwise I don't enter.
Quite often he's very wrong, which he gaslights. It's worth waiting to see if he's right.
I've found it best to stick to one stock. It's boring and if I get distracted, then I miss what I was waiting for, but it's worth it. Catena takes half his million bucks out as soon as he's up, so if it reverts all the way, he's still up. I can't easily do that, and I find it perverse to sit watching the profit ebb away.
Using one stock reduces the number of silly trades one is tempted into. I noticed you often take positions a couple of minutes apart. Pros don't do that, they take very few trades per day, or less. It takes a bit of time to assemble the "confluence" a decent rade needs.
Now we're seriously in slump times, the few stocks I was in, have dropped 3% or so. I was only out of most of them. NOne is individually very much, I forgot to apply SLs though in some cases it's not possible.. You can't be watching them all the time. I'll sell Monday unless I feel they're things which will probably jump back up soon.
The rest of the Passing fortunes are in bondy things or MM.
Last time there was a proper crash, people made heavy use of Short leveraged stocks and made a killing, I read.
That Shawn will be in London for a few days. He's annoying, so it'll be better on ttv.
An advantage of the simulator is that you can leave every trade to to see what would have happened. So often though, you'd have been waiting through something you wouldn't want to worry with.
I only hold through a dip if I have confidence in the trend overall, and that it's reasonably steep.
Look hard at the wicks on this meagre uptrend from above:
You can tell when the rises are slowing down. Get out then - a bit early maybe but before there's a red. The following top wick or two is hardly any higher in most cases. Then wait until it's gone down, and shown another decent green before you get back in.
If it carries on up after a hesitation then you miss out on some of the rise, but you avoided a drop.
Of course we get caught out. Once I've started losing though on a trade I still prefer to get out. If you don't, the direction will usually continue backwards - though sod's law applies. At least you don't lose much. To hell with the extra profit you could have made if only.... That's not money out of your pocket.
Recently it hasn't often been easy. Tradertv's approach usually works
He decides which way something is likely to go, and what the levels are That's usually enough to sit there all day.
If there's no catalyst, then I wait for a trend to establish, otherwise I don't enter.
Quite often he's very wrong, which he gaslights. It's worth waiting to see if he's right.
I've found it best to stick to one stock. It's boring and if I get distracted, then I miss what I was waiting for, but it's worth it. Catena takes half his million bucks out as soon as he's up, so if it reverts all the way, he's still up. I can't easily do that, and I find it perverse to sit watching the profit ebb away.
Using one stock reduces the number of silly trades one is tempted into. I noticed you often take positions a couple of minutes apart. Pros don't do that, they take very few trades per day, or less. It takes a bit of time to assemble the "confluence" a decent rade needs.
Now we're seriously in slump times, the few stocks I was in, have dropped 3% or so. I was only out of most of them. NOne is individually very much, I forgot to apply SLs though in some cases it's not possible.. You can't be watching them all the time. I'll sell Monday unless I feel they're things which will probably jump back up soon.
The rest of the Passing fortunes are in bondy things or MM.
Last time there was a proper crash, people made heavy use of Short leveraged stocks and made a killing, I read.
That Shawn will be in London for a few days. He's annoying, so it'll be better on ttv.
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