How come ? Because you just know I am waiting for a free ride ?
A simple advice would be to use stops and sizes wisely. These will allow proper trading and offer protection at the same time.
Numerous reasons why I don't give advice.
Primarily, out of respect to the individual who shared his methodology with me. We had an understanding that I would never disclose the information he shared publicly. I honor my word. Which is why I do not post annotated technical charts.
Secondly, regurgitating generic trading advice and catch phrases is a useless endeavor. Just as is giving partial information. Tell a noobie how to enter a trade, but not how to manage his risk is irresponsible. (just to say he should use stops is not enough). A job worth doing is worth doing right. Either teach the man everything he needs to know or keep quiet. I choose the latter.
Thirdly, answering a SPECIFIC well thought out question, which exhibits the individual has put forth the effort and only needs clarification is fine.
Directing one to the source of information and/or assisting with technical issues is also fine.
Offering unsolicited advice, taunting, deriding someone on how they should have done something is another matter. Hindsight is 20/20, easy to throw stones and be degrading. Constructive advise is fine, but it should be requested and not shoved down someones throat.
In regards to the individual I was addressing, I believe he is an experienced trader. There is no advice I could or should give him that he isn't already aware of. We all have losing trades, draw downs, fat finger mistakes, bad timing, etc... part of trading. Notice he lost 10% of his net worth, he didn't blow up. All a part of trading, he lived to trade another day. What else is there to say?
Some people like to hear their own voice, regardless what rubbish they exude. I am not one of them.
