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If you are novice still, how can you tell for sure that they are great suggestions ? Something to consider.

Presence of a strong trend is first.

Do I identify areas of support and resistance, however, use a little twist. Instead of anticipating that they will hold, sit tight and wait. Look to see if they break, once they do, trade the back-test, fairly small risk and usually great fast reward. Watch the very first test, it likes to...

I guess we will have to see about that.

A litlte early, the top is at the 143-145 SPY level.

Sounds like you started trading and stopped the bullshit that it was ruining you in the past. Keep it up!

Short June ES 1387 - Long term

Directional preference should not be a concern. Trading the current trend for added probability is though. Up, down, sideways, should not be a concern for a trader.

Of course it makes sense but the kind that does, the true action that matters, I personally have not seen it posted in public. Some get close but they either choose not to post what follows or they just don't see it and never get there. Once you find about it combined with some statistical...

What a great post, serves us as reminder to those that understand it.

Short ES limit 78.00 unfilled Target is dynamic

Neke, You making some obvious and terrible mistakes in your money management. I spend an incredible amount of time waiting for a good trigger setup. When it happens I expect it to go my way from the get go, otherwise what I had thought to be prime is rather dull today, this eliminates the...

Short at new higher highs with a loose stop, cover during pullbacks. Buy weakness, particularly after a higher low has been established, distribute at new highs or get trail stopped and retry.

I believe a vast majority of shorts are trapped because every time the market gives a slight indication of downside, say, a daily red bar, due to it's exuberant extension all the hungry shorts run to short it, well today sort of nullified that as we completed an outside day reversal...

Try not to prefer a side but the unbiased one. Markets are constantly going through cycles. Pick the path of least resistance. At the present time dip buying is working beautifully, it won't last forever but until the path of least resistance is shorting I don't recommend it.

Intraday trends can be very noisy, therefore, if you use tight stops you will degrade performance. I'm a big believer of letting time work in your favor yet if you are daytrading you are limited to the close of the day. Have you tried a moving average cross or perhaps a certain number of...

It certainly increases the odds. It's like a stranger stopping at the crossroad, you don't know where the person is going, but if you wait until the person chooses the path your chances of nailing the first destination will improve. Needless to say, there are times where a "change of...

Interesting to read all the personal choices. I suppose it's a matter of style.

I have no idea. Think it's easier and less risky to let something happen first then follow the footsteps of the big money, no ?

Last I heard room paused for a little Gyro snack :)