Search results

There I learnt something :fistbump:

Aren't Stan Weinstein stages and Wyckof phases the same ? For me, looks like... Studied Quallamaggie and Minervini in the past but definitely not my style but that doesn't mean that I won't study them again in the future... I don't know Jim Roppel, will do some research about him, thanks for the...

You are certainly correct about the definition but you are taking that word out of its context. And that context is that the trade to which that work refers to, takes place in the past, it's a back test trade if you prefer, so all of your points which would have been correct if I had been...

Ok, I think I have enough of you theory...

I don't understand why people get that bad in someone else's journal. If I'm really that ignorant, then all my trades should end in the red, right ? And it looks like you have more a problem with that talking the talk, than me walking the walk. So let's see, I invite you to follow my journey...

" What Does a Cup and Handle Pattern Tell You? American technician William J. O'Neil defined the cup and handle (C&H) pattern in his 1988 classic, How to Make Money in Stocks,adding technical requirements through a series of articles published in Investor’s Business Daily, which he founded in...

That 10% limit is really the maximum, normally and when all is aligned, the trade should take off from day one or two, above all because volume should be there and there should be some follow through days, so when I see that's not the case I can close with 0-2% loss eventually to re-enter later...

Lol, you just copied something remotely looking like a C&H and then say it's me that's is actually having no idea what I'm looking at... I don't need/want to understand Elliot Wave because I'm not trading Elliot waves here but C&H which have definitely nothing to do with Elliot Waves, who's...

Yes

O'Neil who defined cup & handles, never talked about cyphers and waves so I think you overcomplicate things. BTW, your C&H in your picture is simply completely wrong.

My last experience of breakout trading has been inconclusive as almost all my trades finished in a loss at the first market retracement that occurred at the beginning of this month. I also understood that I was often taking the trades in very mature trends at a moment where a retracement could...

There are days like the last 3 ones where it's better to not over-intellectualize about what happened ! The markets went into the toilet and so did my trades. I Got 19 trades in total stopped out since 1st of August on which 10 where closed today! Only 5 survived but are at a few percents of...

Portfolio Status as of July 2024 Twenty six entries in my paper trading journal with quite good statistics for a start. I have now stopped adding to it as the new entries are added to my real portfolio. Could be adding again if out of cash. Four trades closed definitely at a loss.

Portfolio Status as of July 2024 This is almost a start snapshot of my current portfolio as my oldest trade is only one month while the most recent have only a few days. I will keep adding as long as the market trend keeps going and I see new opportunities. 23 Trades in total so far, from...

I spent the whole weekend thinking and writing down my trading plan and the least that I can say is that it has also been eye opening. It will shake my portfolio again. What I got from it and my action plan. My goals give me plenty of time to improve and develop my trading. I haven't proven...

Good point, thanks. I had forgot that, usually when you trade well, results follow...

Then yes, I have it. All my answers that I gave you regarding my trading come from there but I tend to call that more the strategy than the plan but I know that for a lot of people this is the same. But your question raised my interest in writing a larger trading plan and I think it's an...

Yes but I will work to flatten that...

I think that my instability has more to do with my inexperience than with my trading plan but that depends on what you call a trading plan... On internet, when you search for "trading plan", you get 3 pages telling you to plan from goals to education to strategy development, is it that one you...

My Trading is still unstable... I recently had a big position in GTC that I had to close because of it coming back near to my entry price and me not wanting to put myself into risk given the size. I see that when giving preference to some stocks because of some irrational beliefs, fear and...