Search results

  1. speedo

    How do YOU trade unstructured accumulation/distribution/ranges/consolidation?

    Trend entries exist in consolidation patterns.
  2. speedo

    How do you determine trend direction?

    Play with time frames until you see stairstep patterning. Enter on pullbacks and put stop under/over entry pivot and remember the works of the immortal yogi Berra...."It ain't over 'till it's over."
  3. speedo

    How do you determine trend direction?

    Sometimes you just have to shake your head.:rolleyes:
  4. speedo

    How do you determine trend direction?

    Again. the higher time frame rules, look for entry on the lower one. Just decide which tf's are part of your plan, more than 2 or 3 and you will always have time frame conflict and will always have a reason to take...or not take a trade. Signals need to be clear.
  5. speedo

    How do you determine trend direction?

    The higher TF is the more powerful, consider the lower in terms of a pullback and not a reversal. More often than not, that is the case.
  6. speedo

    Are stop losses impossible to fully adhere to?

    Everything has trade offs. Balancing risk and reward is part of the art. The goal is simply to be profitable.
  7. speedo

    Are stop losses impossible to fully adhere to?

    The implied question is how to avoid losses, you can't....accept them. There is no perfect place to put stops and no good time to pull them.
  8. speedo

    E-mini S&P500 alternative = SPY?

    A tick on the ES is $12.50
  9. speedo

    Bollinger Bands

    Buy John Bollinger's book.
  10. speedo

    Learn What Kobe is Buying....

    He can afford prime on both Handle :D
  11. speedo

    Cramer Had Two Weeks Off

    HaHa..couple of those on ET as well.
  12. speedo

    Cramer Had Two Weeks Off

    Trading and Cramer are antithetical concepts.
  13. speedo

    Your thoughts on using buy stop orders to enter a position?

    I generally do except when my S/R stop is too far away in which case I place a limit entry.... which sometimes fills and sometimes doesn't. If I have a valid signal, I like to be in the trade.
  14. speedo

    How to achieve True Trading Mastery

    Aren't these pitches supposed to have a guy in sunglasses with a hot chick in a Ferrari?
  15. speedo

    How Realistic? $50k account, $500 / day

    $500 on a 50k account on a leveraged futures contract with a relatively conservative 10k margin per contract and 5 contracts is a daily average of 8 ticks on the ES or 20 ticks on the NQ. It's really not a big deal for the seasoned, prepared trader. What is a big deal is the great deal of time...
  16. speedo

    Best book for a novice trader to learn daytrading?

    The best education is many many hours of watching price development.
  17. speedo

    hubris in America while Venezuelans starve. malaria makes a cutback

    Experts like Brad Pitt...
  18. speedo

    hubris in America while Venezuelans starve. malaria makes a cutback

    Maybe if they hadn't nationalized the oil fields, proper hedges would have been set in place. Socialists were never good at capitalism.
  19. speedo

    hubris in America while Venezuelans starve. malaria makes a cutback

    Bigotry is cool...as long as it's the correct brand.
  20. speedo

    hubris in America while Venezuelans starve. malaria makes a cutback

    They might vent their frustration on the politicians who have raided the trust funds and refuse to address Big Pharm lobbies and tort reform among other factors which have emptied the kitties.
Back
Top