Recent content by Rashid_G.

Yes.. some fear of loss in the stop placement...

What one trader considers "deep profits" is not the same as another. He may be trading Weekly/monthly charts.. The lack of a chart or description of trade context doesn't help.. Now IF he didn't make a killing in January/February THEN I think there is a problem. I remember reading the Douglas...

I was long NQ yesterday but stopped out overnight... Suffered a few long stopouts so too gun-shy and of course blast-off.. So much reversion in indexes. The best time to get into positions may just be overnight.

"VERY" Bullish looking... Unless there is a drop today. Especially as the H & S is at risk. So many shorted that BEFORE it confirmed on a closing basis.

Yea... The second "economy" or "earnings" enter your head you are thinking fundamentals..the climbing wall of worry thing. Hopefully there is enough patience to wait for the technicals to catch up.

I think mixing fundamentals and technicals dooms many. If fundamental you can't have deep enough pockets.. period - or you have hedging skills. If technical then there MUST have been a signal or two around 1850 that you CHOSE to ignore. The Index fundamentals are so strong in some traders heads...

Are the occasional heavy drops (2008, Sept 2015, Jan 2016.. etc.) enough to sustain the SHORT position trader in indexes? It seems to me those that accept AND are able to trade the daily ranges are better off? Or is a hybrid of the two best.. Any back-tests out there? THE big drops occur maybe...

Does anyone have any clue of the end game of a never seen before environment of infinite zero rates? Clearly there is a large part of the population that is unemployable (it's why Trump won) unless there is a structural change in industry as a whole. Me thinks technology has and continues to...

Stopped out +1.. Not sure why I didn't set a target exit in mid 30's resistance area.. the difficulty of trading 1 unit. you give up flexibility.

Joined you 4313 long.. 8pt stop.

If it doesn't break down soon, then rally (dbl bottom) coming... NQ seems to like to move off 100's.

Yes it is!.. Ultimately each trader needs to know which part of his/her personality CANNOT change and find the necessary means to resolve other than just willpower. Once ego is set aside change can happen... Resorting to what Lescor does is not failure but doing whatever is needed to be...

One of the best traders I have seen here, Lescor said he puts in his orders in the morning and leaves as price movement has a way of pressing emotional buttons. Ultimately every trade is a "swing" but the trader has to avoid being swayed from the initial objective. Price movement irritates me...

Yes.. was to be a swing-trade though. Watching ticks during the day and making rational decisions only for the 5% gifted day-traders of which I am not one. Trouble I have always had is watching ticks changes the trade objective in my mind. Your handling is great in that you have other accounts...

Moved stop to 4340