AHG - Profitable Strategy for Struggling Traders

[Anekdoten]

Quote from darren:

Can anyone offer help for me to overcome a short bias, and I am not really short biased on the economy or the market for that matter. I just rather hit the downside cause somehow in my mind I think it feels safer, or things go down with more conviction. When I buy I always feel like I am waiting for the rug to drop out from under me at anytime. I know its all in my head, but any advice will help. I trade the e minis. I usually know when something is rallying but I stay on the sidelines until I see it get tired or price action start to fade and then fade the rally when I should have also tried to buy it on the way up, its just hard for me. When I am shorting a downtrend and it pops up but still in a downtrend, I get a good signal to get in and have not problem doing that, but if its a uptrend and I get the same signal in a pull back to buy if the uptrend is still intact, thats when I also get scared. Any comments would be helpful, thanks.

Darren,

Well a trader should trade both ways, long or short depending on what's the predominant trend, if any.

If for whatever reason you are a permabear then I suppose your only safe alternative is to make sure there is a confirmed downtrend and short trendline resistance on bearish formations or solid confirmed reversal formations at the "top" of uptrends.

No need to rush the trading both ways correct style but just so you know you will be missing out in half the good trades.

Anek

 

[mark1]

Quote from bmwhendrix:

Mark1, I read some of your earlier post and it seems you were doing quite well with equities. What are you doing differently with futures?

Yup equities are my bread and butter, that's what has paid my bills for the past 7 years of full time trading.

Futures are difficult for my discipline because I swing trade stocks and I have time to think and keep my emotions under control.
Futures is like a rollercoaster
I'm learning, I know what I have to do, but I need to get used to this new pace

 

[darren]

Thanks Anek,

Believe me I want to buy it up , I sit at my computer jsut watching it charge up when it goes, but unable to pull the trigger. I am not a bear per se, becuase I know its going up and beleive in the move just cannot buy it. Its all the years I traded stocks, back in the day and just clobbered them down, so I didnt have to learn to buy them! But I am trying! Like the rally the first half hour this mornng. I wanted to buy but watched so stayed out and missed some money, which is what I am trying to correct.

 

[iluv2trade]

Amazing of you to post these charts, thanks! very helpful

Quote from mark1:

Ok here you are

It was not me trading this morning, it was MR Hide mmmbuuahaha

 

[daniel33]

Anek,

Could you please post your price action power balls on a GOOG 233 tick chart ?
Thx in advance.

Daniel

 

[Anekdoten]

Power dots man, not power balls

Anek

 

[c.profitt]

Quote from Anekdoten:

Power dots man, not power balls

Anek

Haven't you heard of the PowerBall lottery? I think that is a fitting name. It's different than the powerballs hanging out of your shorts while you trade.

 

[Razor]

Yup, sounds good and perhaps AHG traders could use your scalp entries to help fine tune their AHG entries....who knows


Cheers

Quote from Anekdoten:

Oh oh the crazy ass scalper has spoken!

Why don't you start a Piscuy ER2 scalp thread ? When you get tired you can close it.

In the meantime others can see how two completely different styles of trading can coexist.

Anek

 

[daniel33]

Quote from Anekdoten:

Power dots man, not power balls

Anek

What an amazing tool. Thx for the graph.

Daniel

 

[cirekindob]

Quote from darren:

Thanks Anek,

Believe me I want to buy it up , I sit at my computer jsut watching it charge up when it goes, but unable to pull the trigger. I am not a bear per se, becuase I know its going up and beleive in the move just cannot buy it. Its all the years I traded stocks, back in the day and just clobbered them down, so I didnt have to learn to buy them! But I am trying! Like the rally the first half hour this mornng. I wanted to buy but watched so stayed out and missed some money, which is what I am trying to correct.

Turn your screen upside down. LOL. No really. You may be gravity biased . You may feel more comfortable shorting because the mind is conditioned for things to fall due to gravity. I think I had this when I first started, but it sounds like you are not new to this. That's the only thing I can think of.