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In my book, understanding of fundamentals and the knowledge of events are over-rated. If for example I learn there has been bad weather in a major coffee-growing region, I might suppose the price of coffee will rise, as processors and retailers compete to secure adequate supplies. And if I...

Interesting. Thanks Troy. (I'm long on the S&P since 21/05)

What's important to know as a shareholder or prospective shareholder, when the firms appoints a new CEO, is what is their specialism, not what is their gender.

You are certainly a character sir.

I agree, I see no top in the Dow. But, the absence of evidence of a top is not evidence of absence of a top. Since February, it has not been worth the risk to buy the Dow as it has been impossible to say we have not had a top. We have not formed a downtrend, but price has not been rising in an...

If you wait for the 50 to cross below the 200 in order to close long positions you will have a painful road to travel. And you cannot possibly recommend blindly buying equities on any day when the Dow's 50 is above its 200 surely? If you're long equities I would recommend selling them when the...

The principles involved are absolutely right. When price is in a consistent uptrend, you should be long, and when there isn't as trend, you should be in cash. This is the foundation: the shorter-term stuff is optional / cosmetic.

What sort of TA convinced you to short indices from April 2016? And what made did you stop?

I find it difficult to live entirely in the narrow present because I'm not very happy with it in a wider sense. If I felt entirely happy with the present, I wouldn't be able to go on trading, it would be an unjustifiable financial risk and a time distraction. As trading will be my best...

I always look at net returns only, but I don't calculate these as a percentage of capital employed. I just try to work towards a rising 12 monthly rolling net profit. But I'm not a fan of metrics. Seen it so often in business environment, as soon as managers start to measure something, that...

Hi Saltynuts. I'm thinking that by "trading" you mean just intra-day trading, and by "active investing" you mean any positions held longer than a single day? I never trade intra-day. My trade set-ups that take about 2-3 weeks to develop, I expect to be able to hold the trade at least 2 weeks...

How is this useful to me? Why is it interesting to you? I'm sorry if I'm missing something.

Just seems like forcing the situation. I mean, you spend time and effort to devise a strategy with a TA set-up and all the proper risk management and everything. And when the objective set-up doesn't fit what you subjectively want to do, you just find a loop-hole in your own rules and get in...

Yeah, I know, its probably just me. I'm certainly in the minority when it comes to adjusting time-frames.

Stop day-trading. Avoid entries off MA cross-overs. Avoid closing trades off MA cross-overs. Don't put trust in volume. I'm not sorry to be so negative but I think you need it.

I never change time-frames to find a trade entry point or set-up or stop-loss level. I know the set-up I want on the dailies and if it isn't there I just don't want to look at shorter and shorter time-frames to see if I can find it there "in miniature". Always seems like "cheating" to me. I...

Yes, I do sometimes manually close trades which are in loss but have not yet triggered the stop-loss. I can do this as I know what set-up I wanted to see that would support taking a position. The stop is placed according to standard rules of TA, but these don't overlap precisely with my set-up...

Interesting. Thank you. I have the Dow marked for a buy, but only after a pull-back of at least 3 days to a swing low with a daily low higher than 03/05. By the sounds of it I might get it.

Do you know what the other half of the rhyme is? Knowing this, perhaps this cliché "strategy" works better?............

If we're talking about a reversal in one bar, like a V-bottom, rotating from downtrend to uptrend, I don't ever take these trades. If the V was a higher low in an uptrend after the initial reversal, I would take it and in that case my entry would be just above the high of the new swing low, my...