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50% price channels??? LOL!!!!!!!!!!!!! For the love of Edwards and Magee,stop embarrasing yourself

LOL !!!!!!!!!!!!!! Your only "stat" term is "EASILY"??????????? What happens more "EASILY",in the world of Trader Fallacy? Stock moves down 50 percent Does it EASILY go up 100%,or does it go down 50% more "EASILY"?? You have no clue,do you.... And yes,stocks do NOT have memory,which...

Hes an Elliot waver,and looks at channels... He doesn't comprehend price distributions...

I tried the volatility and distribution approach,but hes a complete newb.. The newb states short vol is the only way to make money,yet has zero clue about risk management... Dude is either a troll,joke or both

Thanks for your insightful post. I now know you have never traded..

You need to define how and what you are trading. You are way too loose. I am assuming we are not talking Investing,and we are not talking a diversified portfolio.. For this discussion,are we in agreement that you are trading a single asset,or a very concentrated portfolio of 5 stocks or less...

Where the heck have you been????

case closed :)

Of course it does.How many stocks double in a reasonable time frame? And I ask again,whats more likely, a stock dropping 50% and rebounding 100% or a stock dropping 50% only to fall another 50%?? You dont know,do you :) I fully understand the "limitations" of a lognormal distribution.but your...

Are you saying that price stops are an ineffective method of managing risk as it comes at too high a price??? Are you suggesting a trader should average down?? Do you differentiate between day trading and investing?? "ONLY" a 50% drawdown??? Do you not make a distinction between a 10 stock...

I am certainly not missing the point.... Your point is well taken,its also wrong,not too mention taken out of context.... The proof is in the pudding..You couldnt answer one question I asked.. Again,whats more likely,a stock declining 50% from its high and then going up 100%.or a stock...

Excatly,when in doubt,he makes stuff up...Traders fallacy,Pikers fallacy..Cmon OP!!!

First off,its clear that you are not a trader. You havent presented one argument backed by simulations,stats or common sense.Below is your quote. Prove to us that ""it happens all the time? Define Easily??What percent EASILY retrace.? And why leave out half the equation?? What percent of the...

When is your Drivers Ed test?

No,only a complete NOOB would would post that "if a stock drops 20%,it will simply have to rise by the same percentage to break even"... You are the only guy on this board who is confusing percentages with probabilities.. You havent mentioned distributions,volatility or anything remotely...

Old enough to drive his Daddys Lambo,cause he sure as fook never made 100k trading :)

What vol are you using before and after??

same guy with the 2 inch pecker???? :)

The real traders fallacy is referencing Investopedia... You are the only one talking "price action" after a 50% drawdown.... What you are missing ,as you just started trading ,is when you are down 50%,you are most likely toes up

Did you seriously bring ATR into the discussion of a stock moving up 100% after a 50% decline??? Not only do you "not know what you dont know",you dont know what you do know...