Less is More

congrats on your success. i am trying to migrate towards that as well. I have been doing a poor job capturing the big moves. I think it's because I set unrealistic r/r ratios..
 
As always capital preservation is key and priority one for me. If that means sitting on my hands more than normal in these markets then so be it.
 
Jdesey said:
For March I have drastically decreased my number of trades. Only 5 trades so far, 2 are still open, so I will probably do about 8-10 for the month. I have also increased my hold times to much longer. Previously I was doing about 30-35 trades per month. AND geez wouldn't you know, I am having a great month for results.
More...

good.

you tend to over-trade.
do what best suits you.

I do about 30 - 50 round turns a day (day trading only).
I tend to under-trade.

so for me,
More is More
 
easymon1 said:
From the Dept. of "it doesn't cost anything to ask and the worst JD can do is say no, ...
How about posting up a marked up chart with a typical setup?
or a chart not marked up but with the averages, pivs, indicators and whatnot that you use but again not marked up?
If that's asking too much then hows about posting up a naked chart that shows a duration within which you entered a trade?
More...
%%
THAT'S like asking a brain surgeon ''show me how to do brain surgery+ make money doin' that''
BUT since you asked+ he already told you he uses daily chart\ see 2022 chart of SH [short SPY profits]
I dont have time to dial down to daily charts, now, but lots more green weekly profits on SH, than red loss candlecharts/2022
I lost money IN JAN, since most Januarys are up, but since SH is uptrending above 50dma, most of year, dont really need precise entrys /fine if you get them..................................

Easy to see on a 2022 trend SH chart than profit, but doable. MAR is key month most bottoms are made in MAR, but that's a bull market + so far 2022, not a bull uptrend.
 
easymon1 said:
From the Dept. of "it doesn't cost anything to ask and the worst JD can do is say no, ...
How about posting up a marked up chart with a typical setup?
or a chart not marked up but with the averages, pivs, indicators and whatnot that you use but again not marked up?
If that's asking too much then hows about posting up a naked chart that shows a duration within which you entered a trade?
More...

murray t turtle said:
%%
THAT'S like asking a brain surgeon ''show me how to do brain surgery+ make money doin' that''
BUT since you asked+ he already told you he uses daily chart\ see 2022 chart of SH [short SPY profits]
I dont have time to dial down to daily charts, now, but lots more green weekly profits on SH, than red loss candlecharts/2022
I lost money IN JAN, since most Januarys are up, but since SH is uptrending above 50dma, most of year, dont really need precise entrys /fine if you get them..................................

Easy to see on a 2022 trend SH chart than profit, but doable. MAR is key month most bottoms are made in MAR, but that's a bull market + so far 2022, not a bull uptrend.
More...
Thanks murray.
Maybe he'll answer this himself? After all, Nope is as valid an answer as any of the following:...
How about posting up a marked up chart with a typical setup?
or a chart not marked up but with the averages, pivs, indicators and whatnot that you use but again not marked up?
Or even a naked chart set - you use (Day, 4hr, 2hr?) that show a duration within which you entered a trade?
Nobody expects to see your hole card, and No, as valid an answer as it may be, should not be assumed. Sometimes a trader just feels like helping other traders in a material way. Kind of like shining a light.
We'll see what JD say...
 
Here is a trade I closed last week... USO from 76-86...rode the Crude push to and exited at crude $126... USO up 13% my Calls were 100% at exit... 2 hour chart confirmed with the daily.
Capture.PNG
 
You must log in or register to reply here.
Back
Top