Search results

Remember that there are other venues . . .

If you don't know what to do with this, just watch. Take notes. Lots of notes. That's how trading plans begin.

Thanks. You're what prompted me to post this. I assume you saw what I borrowed of yours and posted to the Foresight thread. That's what made me think of it. Something else of hers: A good friend of mine, Julian Snyder, wrote a book for traders called The Way of the Hunter Warrior. Recently I...

Much has been posted about how yesterday should have been traded. As far as the SLA is concerned . . .

How do we separate our ego from our trading? How do we keep from personalizing a trade? How do we avoid personalizing all of our trading? One way to separate your ego from your trading is to build healthy boundaries between yourself and your trading. Not only do good fences make good neighbors...

Make no mistake about it. A trader's self concept has to be separate from the trading. Who you are as a person began before you ever thought of trading and who you will be as a person will extend beyond your trading. When personal self-worth entwines with trading, it not only damages self...

I want to save this but also call attention to it. Wrb is one of the few members I follow (the red highlights are of course mine): . . . hopefully you're not trading with real money because if you are, its an uphill battle you'll never win in trying to be a successful trader. This is one of...

Please note that falling below the last swing high does not foretell doom. The trend still runs through 4600.

There are only three ways to "play" a range: buy an upside breakout, sell a downside breakout, buy and sell reversals within the range. I posted a chart of the range. Anyone who doesn't understand "sell a downside breakout" or "buy an upside breakout" will not benefit from my saying "sell 16" or...

Well, so far the SLA is up over 20pts and the "grail system" is in the hole. I see no reason to believe that the outcome will be any different this time. The SLA plays both the long and short side because it couldn't care less what price does; it just follows it. So the SLA was short the...

:rolleyes: So much better to enter a trade for reasons that are unspecified and place a 50pt stop with no target and just hope for the best. Beginners will line up for it. Oh, I forgot. No risk management, no trade management. A winner, to be sure.

Dialing it back? More not wasting time trying to drive a screw with a hammer.

Actually, this "board" was ruined by ignorance, intolerance, hatred and bigotry. Fix that and you'll fix the board.

Again: the conflicts were going on long before Romulus and Remus set up their first pizza stand. But Jem the Obscure doesn't want to hear it, so . . .

None. But (a) he's never read the material, much less the rules for the approach and (b) he has me on Ignore, so he never sees what I post. If I hadn't written the SLA, I wouldn't care one way or the other, but as he continues to disseminate misinformation about it, I have no choice but to...

For those who prefer a more practical trading plan which also provides much more stringent risk management and trade management (and doesn't require an array of indicators):

The SLA, on the other hand, calls the trades in advance, thereby making it possible for someone to actually benefit from them.

Really :rolleyes:

Although, technically, the conflicts were going on long before Romulus and Remus set up their first pizza stand. But Jem the Obscure doesn't want to hear it, so . . .