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My point is that regardless whether the market is random or not... trends do exist. The simplest methods can be used to capture a piece of the trend. Of course proper money management and position sizing are imperative... as far as trading a system... the ones that are simplest tend to be in...

Some of the best traders in the world.. use the most simplest techniques to make $. Contrary to popular belief... making $ is not about divergences, oscillators... nor esoteric science. I just am amazed of the crap I read on ET. In my opinion trading the trend is what the game is all...

Check this chart out... another simple yet powerfull chart... Who says trading needs to be so difficult? lol

When the market closes above the red line 927 level... then things get really interesting.. Further.. if the market closes above 940... technically the downtrend is over. This doesnt mean the bull market is born and we rally a thousand points... just means we might stop going down for a...

When will the bear market end.. this chart might be a clue...

Zorak, In reality I doubt your system. First of all.. since you are making these tiny little gains.. they will surely be offset by commisions.. and the wide slippage the thin stocks carry. You have to take that in consideration. --MIKE

What type of mechanical exit do you use?

OK... thanks for the clarification.. I guess there is a level of discretion that needs to be applied... --MIKE

Just ignore Jack's posts. He makes trading so complicated. At this point his posts are frustrating. I have been making $ consistently swing trading... as are many others I know.... the simpler the method the better. A simple exit like trailing a swing low on an intraday basis... or...

This is one of the biggest falacies of swing trading. A pro swing trader.. risks a tiny % of their equity per a trade... and in case of the huge gap down risk in the morning.. traders make sure to allocate a fraction of their capital per a position... Its called reverse position sizing. The...

Banker, Thanks for the Cigna chart.. although I know in reality most of my trades dont trend that beautifully. How do you define a swing to trail? I know the stock has to pullback and take out the high in order to qualify as a swing to trail... but do you just look at it visually and make...

Banker... I like the idea of going intraday to trail a stop.. assuming you are swing trading the daily bars. I am looking to trail a stop under swing lows on a 60 min chart.... I think 15 min chart might involve too much noise.

Mondo what kind of trail stop? --MIKE

Brandon... although your post was informative.. its something thats basic and very general. I am trying to focus this thread on specific types of exit strategies.. that traders use.... not general one's. Your post is more of something like a beginners guide to exit... In my opinion.. the...

Check this info regarding ATR........ http://traderclub.com/discus/messages/107/107.html?FridayAugust1720010827am A 1 or 2 bar low.. is simply placing the stop under yesterday's low... or the low of the last 2 days.

I primarily play pullbacks in trends... so when I enter the initial stop loss is the low of the swing.. or %10-- which ever is less. Once I am in a profit I'll use an ATR trail stop. If the stock starts to make a big move and the ATR trail stop lags too far behind I would use a 1 or 2 day...

ALL Exits

I would like to start a thread sharing various exit strategies for swing traders. Here are a few that I use... 1.5* atr (2day) 1 or 2 bar trailing low

Jack writes in another thread regarding position sizing..... "What is the rate of growth of the increase in your capitalization as just realted to your cited method and how frequently do you have break points for each given rate of growth are they discretely increase? Just roughly speaking as a...

Surfer, I think you are on to something.... --MIKE