Search results

  1. P

    trading on a breakout

    yes. trend resumption is the oldest activity in this world after mating. once a trend pull back then you can enter-remember you only know that is has pull backed after the fact, in hindsight. you can also enter on the bar that breaks out and sit through the pull back or add there again. the...
  2. P

    trading on a breakout

    of course he does.....Like Einstein knew his stuff. what you have to decide is how relevant it is to where you want to go and what you are trying to do.
  3. P

    trading on a breakout

    all breakouts pull back eventually. because a pull back means weakness so very strong breakouts may not weaken for a longer time a pull back may be one bar or even a bar with a big tail.....Bulkowski is very traditional. it depends what you are looking for. i do not look for...
  4. P

    trading on a breakout

    yes once a strong break out, is in evidence, WAIT for a pull back and a DB [DT for short] to enter a position....... you can enter on the break out itself , if you are willing to hold or add on, until the break out continues. if it tries to continue and 'fails' then you can reverse the original...
  5. P

    Dalio - Bitcoin might get banned

    Yes it is free.....free to do what is the question? whether USA India China Britain or Bangladesh , Thailand, Japan YOU ARE FREE TO DO ANYTHING except go against the government
  6. P

    Dalio - Bitcoin might get banned

    never NEVER NEVER bet against the government in the longer term.. whether it is the s&p 500, the DOW, or anything else which goes against the government,they all eventually...die a slow and undramatic death, longer term. i have mentioned this a lot of times here
  7. P

    a loser's journal......read at own risk

    i am trying to develop a strategy that is why i am using sim.......it is as simple as that........ and trading is fucking difficult .....i know that....i do not want to make it even more difficult by worrying about money
  8. P

    a loser's journal......read at own risk

    not confident
  9. P

    a loser's journal......read at own risk

    i am. Brooks says wait for pull back and enter. so does that mean he is fraud: some think so...... but in my 30 years everyone says that buy the pull backs that is what i am doing. finally. wonder why 95% of traders lose......wonder why i lost this journal is well over 50% but that is not...
  10. P

    a loser's journal......read at own risk

    why?because you tell me...show me proof that you are profitable before you advise me
  11. P

    a loser's journal......read at own risk

    failed wedge so long https://screenrec.com/share/WVy96LeHFo
  12. P

    a loser's journal......read at own risk

    HH MTR , wedge sold https://screenrec.com/share/tEu0v7MHDY
  13. P

    a loser's journal......read at own risk

    i have not done badly in this journal
  14. P

    a loser's journal......read at own risk

    i never thought it would be this hard but i always knew markets were logical and everything was in understanding the charts,,,,even though it looks random and a mess ! it has taken me 13 years to understand brooks and now i find his stuff very easy. i saw his videos on you tube recently and...
  15. P

    The Reason Why Stock Dividend Is Bad And Meaningless

    very true if they do not give dividend and buy back shares that will, not 'can', increase share price. i remember i tendered my shares for buy back in Hindustan LEVER , a subsidiary of Unilever, which was returned due to some technical reason. i sold it 4 years later for 400% higher. a buy...
  16. P

    Is this what trading is like?

    there is only one thing that will save you in trading and that is, not only, knowing when you are wrong but to know you are wrong, FAST. better to lose your opinion than your money something i could never do. making a number of mistakes or losses is ok as long as it does not kill you.....it...
  17. P

    trading on a breakout

    the strongest breakouts do not pull back till much later so enter at the bo.......and if it pulls back you just sit through it. most of the break outs are not that strong so a pull back is almost certain. often there is also a break out test which happens after the pull back is over and the...
  18. P

    Is this what trading is like?

    if you are going to lose 40% in one trade then it may be a problem. also you need to know when you are wrong.......now to say usd will become strong....... at what point do you say it is not and get out.....?
  19. P

    Is this what trading is like?

    he is position trading holding till october you need a small position and a stop
  20. P

    Is this what trading is like?

    i am now from yesterday see my journal
Back
Top