CL Redux

Quote from dax3k:

Getting killed.

By the time you realize the trend, it's too late.

By the time you realized the trend has reversed, it's too late.

How do you survive this?

I was long at 77 and closed it at break even after the drop to 75. Now I'm banging my head to the wall.

Now I'm short 82.50 and I'm pretty sure once my stop gets hit at 83.20, it'll drop to 80 again.

Need to master the art of patience, my mind is going up & down.
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Hi Dax

Is this a question for me?
 
Quote from DonCorleone:

Hi all,

a very nice completion of ABCD formation couple days ago. now watch how much it bounces. Good luck all.
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Thanks Don!

How far is your estimate?
 
I decided I would no longer my human judgment to determine the trend. Instead my indicators tell me the trend. After that I have specific criteria to tell me what setups for the most part to use. Finally, just need to work a little harder on not over trading.
 
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