Recent content by bmwhendrix

Many things wrong here. First, if you are long trend only, what is your defn of a trend? If defn is not met, then stay out. Second, using a percent loss has not basis in the real world. Why not use something based on price action. Third, if you are stopped out, what tells you a bull trend...

That was it. Thank you!

A while back I saw a chart of futures brokers with information on their size and the amount of funds they held as a buffer as a safeguard for clients funds should something happen to cause the broker to lose a large sum. I thought it was somewhere here on ET, but can not find it. Any guidance...

Like the ocean waves on the shore at high and low tide. The waves are random in size, shape and duration, but the tide trends to and fro. Price does the same.........

Sure it can. You agree that entering a trade with minimal confirmations is high risk? Do you then also agree that the closer you enter to the last swing high (for a short trade), the lower your $ risk will be, assuming you place your stop just past that swing point....

I'm not concerned with all the other "well timed" calls. Entering a short trade before a swing lower low and lower high, is high risk, but also offers the lowest initial risk. Must be ready to exit quickly, and wait.........

Well....I am with you now. The drop in the oil market over the last couple of days has yet to show it's effects on equities, but It may be the straw. Got short this morning.

Thanks, of course my follow up question is how are you determining "bullishness" in only those 4 sectors. Not being a jerk, just trying to understand your view. Thanks,

What do you "see"? that others don't? and why that timeframe?

Here is what I look at, at least part of the day. Todays trades FWIW. KISS....

liar and charlatan is the more appropriate terminology rather than "cat burglar" if appropriate.

Son, we have been around this block before......just show your entry times on your trades for the day on your platform and get on with it.......

Pekelo, at this point on what do you base the 15th as the turning point? No confirmed lower lows have been made. Similar to many pauses we have seen over the past few years it seems.

Thank you for the charts. I will not try further to dissuade you. You are where I was about 30 years ago. I wish I could save you some time, but we all must discover our own truths. As for me, only in recent years becoming profitable, after totally getting rid of indicators, guru's, etc. I...