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Daring... I fail to see your point. There is no supply overhead when Dustin started his entries... period. Are you referring to the trend line? That does NOT represent supply.

Daring: The previous all time high was 30.07. Price gapped up... opening at 29.43. At this point-- yes-- there was a point of reference-- the all time high of 30.07. However Dustin did not even begin to short until price had broken out to new highs. His first entry was @ 30.878 at...

Let me ask you this-- at what point would you have stopped adding and thrown in the towel?

Umm...no there wasn't. Price broke out to an all time high...the previous area of supply was breached. There was nothing above that gave you a reasonable expectation where price would turn. This is not subject to debate-- it is fact. Sure-- u can throw a fib extension on... an atr...

Here's the only thing I know with 100% certainty--- when I'm wrong on a trade. As for when I'm right--- I have no idea in advance-- because uncertainty exists every time I pull the trigger. But what I do know with a high probabillty of success is where high probability areas of supply and...

This is ridiculous. How hard is it for you to give me a single trade that had multiple entries and exit info... within the reply box here? It is far easier to do that than for me to try and sift thru posts and decode where you had multiple adds.. and what you're exits were. Your...

ammo... nice class. I've given you numerous reasons why it doesnt make sense. All you seem to be able to do is tell me I don't know what I'm talking about.. that's not much to hang your hat on Ammo. A typical straw man response "been posting em live on et for years.." How about a...

Ahhh lovely... more sarcasm. Love it. This T3 discussion is completely irrelevant. You win. They don't know what the heck they are doing. They are just salesmen peddling snake oil. Feel better?

Oldtime-- nice sarcasm. Anyone can make a successful trade. My first goal is to make a good trade. My second goal is to make money. Anyone can make money on a trade... doesn't mean it is a good trade.

OK if my math is correct- your average price is just under 31.08. This stock made a new all time high. As soon as it breaks the prior high... we have absolutely zero point of reference above on where supply is... it is extremely risky to short stocks at all time highs-- with no pivot point...

Please provide an actual trade example like Dustin did... not a hypothetical.

Ammo-- I can't even believe you are trying to justify averaging down because "this is how morgan and goldman trade..." The comparison is so far out of the realm of apples and oranges on a number of levels... least of which we as retail traders don't come remotely close to having the tools...

I have no idea what their actual track record is. I do know that you can find out for yourself-- as they call out trades on their twitter feed for free... and post real time entries and exits in their Virtual trade floor.. of which you can listen in on their radio as they explain the thesis...

yes

SatMir-- not sure I understand the response...? R U denying this is true? Because it most certainly is 100% true-- a reversion to the mean will ALWAYS occur. Not subject to debate. The issue is where will the mean be relative to entry-- therein lies the risk of relying on this type of...

Will check out after market.

Risk of ruin is calculated by what you are putting at risk... account size.. and a presumption of win/loss probability. Any edge definitely has a risk of ruin.

This has zero to do with risk of ruin scenarios... You are digressing here. I'm talking about trading edge as in strategy... not optimal bet/position size/risk mgmt. An edge is completely worthless w/o proper risk management... it doesnt take a genius to figure that out... but this is moot...

I"ll tell you why: It's becausr the rules of the game dictate that the probabilites are in your favor... plain and simple. Let's take blackjack. Each hand is independent of the other, correct? Does Vegas have an edge on a single hand? Of course not. Uncertainty exists...regardless of...

Well... not sure if this is what you are looking for- but typically under normal settings- bollingers will look at 20 periods and wrap lines around a +/- 2 std deviation range. The area within represents 96% approx of price distribution. When a large spike occurs outside - it indicates an...