Why do traders fail?

[DTB2]

Pullback-continuation accomplishes the same thing.

Trending name, pullback then makes HH again (for longs) it's reengaged. Stop is below the recent low.

If the trade goes there, the trend has ended. It doesn't mean we're onto a short trend either.

Price surges then consolidates, much easier to see on larger time frames. Typically no V changes of direction.

Whatever works for you, great.

 

[padutrader]

Pullback-continuation accomplishes the same thing.

Trending name, pullback then makes HH again (for longs) it's reengaged. Stop is below the recent low.

If the trade goes there, the trend has ended. It doesn't mean we're onto a short trend either.

Price surges then consolidates, much easier to see on larger time frames. Typically no V changes of direction.

Whatever works for you, great.

a pull back is not a trade failure. CORRECT stop is never below the pull back low it is below the trend low.any number of wrong stops can be placed and traders do

you have to recognise a trend failure.that makes you a great trader.....

 

[DTB2]

Trendlines are drawn subjectively, recent low is objective and way smaller stop. If the trend is strong it will not retrace that low. If it does, oh well, I can do 5 of those stops to one at the trendline.

 

[padutrader]

If the trade goes there, the trend has ended. It doesn't mean we're onto a short trend either.

if we are not short trend, then,by your own admission, we remain in up trend.....then ,pray ,tell me why on earth did you get out of your long CORRECT position?.

you have used the wrong stop,by your own admission

 

[padutrader]

Trendlines are drawn subjectively,

trend line break is NOT a trend failure

 

[DTB2]

if we are not short trend, then,by your own admission, we remain in up trend.....then ,pray ,tell me why on earth did you get out of your long CORRECT position?.

you have used the wrong stop,by your own admission

It seems like you're under the impression that price is always trending, either up or down. Not so much.

 

[schizo]

trend line break is NOT a trend failure

Damn, what's the matter with you? You already stick out like a sore thumb. There's no need for all these emphasis.

 

[padutrader]

It seems like you're under the impression that price is always trending, either up or down. Not so much.

you are in denial.

and i am out of this discussion.

 

[padutrader]

price is always trending, either up or down. Not so much.

so if it is not trending it is in a range: you are putting a stop at the low end of range .where you should be buying not selling.
in a range buy low ...sell high

 

[DTB2]

so if it is not trending it is in a range: you are putting a stop at the low end of range .where you should be buying not selling.
in a range buy low ...sell high

When it goes from trending to range bound, I'm out. Looking for something else that is trending.