Search results

  1. V

    The myth of letting your winners run

    Well it is in a SPBL trend (small pullback bull trend) as I type. Look Eastwood I gotta go. The garden calleth. If Ringo shows up take care of him for me.
  2. V

    The myth of letting your winners run

    Here are the trades from a 30 minute chart and a 15 minute chart. Do you really think I am placing those little buy and sell triangles manually? 4 trades. Four winners. 2 averaging down. two straight scalps. All long trades. Locking in them profits.... cutting short them winners. averaging down...
  3. V

    The myth of letting your winners run

    Ok last trade gotta hit the garden. Burning daylight outside. Averaged down long on a PB. Do you see why I grab the profits instead of twiddling thumbs? See what happened right after I exited?
  4. V

    The myth of letting your winners run

    I have an extensive detailed journal. I am posting trades as they happen. Have been all morning.
  5. V

    The myth of letting your winners run

    I gotta go work in the garden. May squeeze off another trade before. We will see.
  6. V

    The myth of letting your winners run

    Another cowboy bites the dust. locking in them profits while eating breakfast. Average down long on a PB.
  7. V

    The myth of letting your winners run

    Well now I can't show them before they happen can I? These are live as my platform places the little triangles.
  8. V

    The myth of letting your winners run

    Gotta eat breakfast.
  9. V

    The myth of letting your winners run

    As you can see it is around 22 bars since open but it has broken north of the sideways move and held. So unless we get a deep PB into the range I will not be shorting. It is looking more and more like a SPBL trend from the open. The tactic is to buy PB's and exit swing highs or moves up over and...
  10. V

    The myth of letting your winners run

    While I am waiting on another PB I'll just grab me a quickee 1 point long scalp. Locking in them profits.
  11. V

    The myth of letting your winners run

    Well I will be a monkey's uncle. I missed that PB long opportunity fer typing my previous post.
  12. V

    The myth of letting your winners run

    At this point just waiting for another PB. It is looking more and more like it is going to be a (SPBL small pullback bull trend) from the open. I'm just waiting to start averaging down on PB's towards the 20 EMA. There could be a deep PB so may have to add and add.
  13. V

    The myth of letting your winners run

    At this moment we are 15 bars in from the open. Did I cut my profits short on that second long straight scalp. Yes I did! But see I locked that profit in. Now I just wait for another opportunity to drop another cowboy. LOL
  14. V

    The myth of letting your winners run

    Of course I have gotten it wrong and taken hits but losses are generally easy to get back. Double up and reverse. Muy pronto back in the money. My goal is to go with the market. The money will take care of itself. If I am not in groove or in tune with the market I gotta change. Not the market...
  15. V

    The myth of letting your winners run

    The context is ripe here for long scalps. At this moment it is still a bullish market. Gap up open etc....So odds favor long scalps. If this sideways but bullish PA continues to 20 bars or more then I will trade both sides long and short. If it BO's topside I will scalp buying PB's and exiting...
  16. V

    The myth of letting your winners run

    And another cowboy wishes he had stayed home Eastwood. 2 point long scalp. A bird in the hand is worth 20 in the bush. See lock them profits in while market gives them to you. If it runs still lock em in over and over again as it runs. Compound on PB's. Hurst talks about the matter. But the...
  17. V

    The myth of letting your winners run

    Eastwood another cowboy bites the dust from Doc Holiday's blazing gun. While a trend trader is twiddling his thumbs a scalper is dropping them cowboys. Long averaged down scalp. Context ripe.
  18. V

    The myth of letting your winners run

    Of course there are times averaging down doesn't work. There is a “give up” point on an averaged down trade and that point is when one’s original premise has been proven wrong. But just enduring some adverse excursion does not mean a premise is wrong. Most trades are gonna see some adversity...
  19. V

    The myth of letting your winners run

    Sorry but for an intraday scalper on a 5 min TF cutting winners short and averaging into losing positions (if the contexts supports it) is the correct “modus operandi” IMO but I ain’t telling anyone to do it. A trader has to do whatever floats his boat. I often take many trades over the day and...
Back
Top