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  1. deaddog

    It's so hard to say goodbye to a stock that's been running.

    Congratulations on having the discipline to stick to your plan. One trade in hundreds or thousands, in the long run will it make that much difference overall to your net worth? Don't worry about what if...
  2. deaddog

    How many more white supremacists does ET need?

    I think the difference between categories/groups/races should be debated rather than ignored or hidden away because it might offend someone. The problem is that there are differences. By ignoring them we don't solve anything. Regardless of race we are afraid of things that are different...
  3. deaddog

    90% of traders lose money, but anyone DCA an index would be making money...

    DCA an index is a trend following strategy with risk controlled by diversification and market cap. I changed to a market timing strategy because I didn't like the volatility.
  4. deaddog

    Realistic returns expectations of successful day trading

    Yes there are people who have turned a few thousands into millions trading. It is possible but I wouldn't say it was realistic. Every endeavour has its superstars. There's the guy who started a book store in his garage and so on. The people at the top make a lot of money. If I suggested that...
  5. deaddog

    spirit in the sky journal

    That's taking Holy Grail to a new level. :)
  6. deaddog

    Realistic returns expectations of successful day trading

    Jack Schwager is a good example of someone who has access to the best traders in the world and can't make money trading his own account.
  7. deaddog

    [QUESTION] - Can You Have An Edge With Simple Candlestick Patterns?

    Try and prove your set-up doesn't work. Look for times it failed. If you can't find them, then maybe you are on to something.
  8. deaddog

    What would you say belongs in a solid trading plan?

    Re your exit rule; I don't set a profit target. I look for a change in the price action. Why close a position that is moving in your direction? Let the winners run!!
  9. deaddog

    FreeMasons

    You make God sound like a sperm. Only one winner. :)
  10. deaddog

    Daily Gaps & Breakouts with Ken Calhoun

    I didn't think that was a neg crack. There are 2 kinds of traders, those who predict and those who react. Both strategies have their pros and cons. Both can be viable and profitable. Didn't mean to overload you with extra work. No more questions from me.
  11. deaddog

    Daily Gaps & Breakouts with Ken Calhoun

    I take it then that your methodology is based on anticipating where that market is going rather than reacting to what the market is doing.
  12. deaddog

    Daily Gaps & Breakouts with Ken Calhoun

    What is the rationalization to hold overnight if you are day trading. Are you not concerned about an overnight gap against your position? What does "will sell soon mean"? Is there a price target not yet met or are you letting a trailing stop take you out of the trade? Or something else. At the...
  13. deaddog

    Daily Gaps & Breakouts with Ken Calhoun

    Still need an explanation of "Pivot" and while you are at it "Bear cup support". I would have traded at the same points although I would have called the entry "a break of the opening range" and the exit "price moving under a bearish engulfing candle" Are you flat at the end of day. I see a...
  14. deaddog

    Daily Gaps & Breakouts with Ken Calhoun

    Not sure what you call a pivot entry, could you explain. What price action triggers an entry?
  15. deaddog

    Daily Gaps & Breakouts with Ken Calhoun

    I think I can see the reasons for most your picks. At least I could come up with a set-up that justifies why you might consider trading them. I'm a little confused about what set-ups you saw with TNA and UCO. Could you walk me through your reasoning. FFHL is an example of what I was talking...
  16. deaddog

    Daily Gaps & Breakouts with Ken Calhoun

    When I refer to position size I'm talking about the dollar amount. It doesn't matter what the share price is. You had position sizes ranging from $113 to $365, how do you determine how much to allocate to each position? Could you explain how you use Relative strength to determine position size...
  17. deaddog

    Daily Gaps & Breakouts with Ken Calhoun

    I can only comment on the trades you posted. All 7 were short bias, yet you took different position sizes, some 100% greater than the other. I don't want to assume anything, can you explain why? Can you comment further on when and why you took your stops? Did you take all 7 positions off at...
  18. deaddog

    Newbie here looking to learn a strategy

    Google Richard Wyckoff. Stuff was written in early 1900 but still relevant today.
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