Long only Traders

[Petsamo]

Quote from JeffUSA:

That's interesting. I never heard of the term "Death Cross" before. In my opinion, that signal is too "slow" and too "long term" for me. I don't really see it as being useful.

If you look at some of these death crosses, they were points of rally.

 

[ammo]

Quote from Jackie Treehorn:

Dont know why its completely opposite for me, short opportunities are pretty easy to spot and exploit..

Long positions are pretty easy to spot on the fact if i think its still prime for shorting, if not i go long..

shorts or rollovers are easy to spot but its easy to be 3 days early as they soak up the bulls near a tl and when they start to thin out , it dumps ,longs are at the lower tl's ,they hold more often than the uppers ,if you apply the 70% of the time we are moving up adage,....presently we seem to be in a rollover or topping pattern

 

[ptrjon]

When the moving averages cross, imagine a twinkie exploding.

 

[NoDoji]

Quote from Petsamo:

As defined by Carl Swenlin of decisionpoint.com, a death cross occurs when the 50 day EMA crosses under the 200 day EMA. Swenlin prefers the EMA instead of the SMA. When the death cross occurred, he gave a sell signal, at which point, the pros went long and the rally started.
I stayed long.

Good for you! 'Tis a silly signal

Petsamo, as ET's resident mom, I need to ask you this difficult question with regard to all these little animated blips you've been including in your posts: Are you on drugs?

 

[asynchronous]

This got me wondering - ran my models (S&P e-mini)

There was no statistical difference between win/losses across long/shorts.

What instrument would you need to trade for there to be a difference?

Wondering?

 

[Joovenile Jatt]

Just buy every dip like I did today again another great day. I've never loved a crawling market so much. You get long, sit back, let the HFT's manipulate the price up and take profit.

Wait

Then Repeat

Wait

Then Repeat

Wait

Then Repeat

Wait ..........................

 

[Joovenile Jatt]

The above strategy isn't advised in the two hours after tommorrow's rate decision. Especially if they hike rates

 

[NoDoji]

Quote from Joovenile Jatt:

Just buy every dip like I did today again another great day.

Buy every dip, short every rally, makes no difference intraday. What makes the difference is how you manage the trades.

BTW, do you post your trades? Or just say "buy every dip"?