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AHH yes i see what you mean, i have foolishily backtested my method with entrys only, my back testing never took into consideration an exit strategy. Thank you for bringing this to light and my apologies for being so arrogant. Back to the drawing board i go :)

Hey Basha, Thanks for your reply mate, I use 60 day and 20 day time frames (3month\1month) and buy into higher highs for that time.No particular reason why I havent tried any other time frames. I have back tested through our current market conditions and found this system so far to be highly...

Hey Pipflow :), No i earnt just over 100k in my job , not by trading. Sorry if i wasnt clear with that.

WOW! I can honestly say that everything i have read up to this point, everything i have watched up to this point ... even though i have heard some similar kinds of opinions etc.. For some reason i just felt a whole heap of what i have learnt just "click" together ... after reading a couple of...

Yes definitley, I have not withdrawn any money from my trading account and i dont plan to. All returns are reinvested. (obviously one day i plan on withdrawing and more likely than not for further asset accumulation) I want to obtain a track record, which hopefully further in the future i...

Using the FPH chart i uploaded before what would you consider a momentum loss? Do you mean a volume fade, price range tightening? Please explain :)

Yes just back tested a few of my older trades from early March and some from last month, I guess i will have to change my hold strategy to a shorter time frame and lock in profits earlier then i would have a few months ago given current market conditions From March till May the NZX was...

Yeah its quite hard especially when in the past i have held stocks that i was "up" in and held during a drawdown and eventually ended up in the red. Another break out forming. What do you guys use as "confirmation" in regards to a break out, check out this stock currently breaking out in...

Oh i see , after the run up there is a consolidation period with a new support @ around $3 - $3.05 , then another run up, so if after the next run up and there was a gap down through the $3 support level you would halve your position?

Here is my latest, sell to early play.... looking back i shouldnt have sold. But hindsights a beeyatch, Where would of some of you guys sold?

Awesome thanks alot for the help Wide Tailz, i will back test what you have said on prior trades :)

Haha i was the same !

Hey everyone, Im 28 years old and work a labouring job in a factory. About a year ago, i dont even know how but i stumbled upon "investing" in particular "trading stocks" and all the good stuff that goes with it and i was fascinated, i spent months learning, reading, watching pretty much...

Hey everyone im all the way in New Zealand, I have recently started trading using the "turtle method" of buying breakouts over a 60 day period (Mentioned in Curtis Faiths book Way Of The Turtle") I scan my charts using a 3month/Daily time frame Im trading equitys on the New Zealand...

Hey everyone im all the way in New Zealand, I have recently started trading using the "turtle method" of buying breakouts over a 60 day period (Mentioned in Curtis Faiths book Way Of The Turtle") I scan my charts using a 3month/Daily time frame Im trading equitys on the New Zealand...