Exactly. That's why I'm pointing it out. I'd love to see more of it as I think it's truly the most helpful, not only to the "followers," but also to the poster as it should serve to help improve across the board.
Sorry Dave. Don't mean to sidetrack thread. Keep it up. Will be following...
Before you attempt to beat the odds, make sure you can survive the odds beating you.
I trade a 30 second chart, and only a 30 second chart, and that wont change.
I use Bollingers and Keltners, nothing else, and that wont change.
I don't make gay and unfixable excuses.
My only challenge is finding low risk entries with my system showing a strong change in sentiment or continuation of trend. Profit targets are secondary to me. And it ain't that hard when you don't change your tools or charts to find some goodies.
Last edited by dave5578; November 5th, 2012 at 02:15 PM.
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No need to apologize at all for a difference in perspective.. its all good and its also your journal and what matters is you benefit from it and do it any way you feel suits you, so its likely us that needs to apologize to you for spamming your journal..
My main point is this: Although you can learn a lot of good and important concepts from hind sight analysis, that's all its good for.. Trading real time is a whole different ball game and that's where the money is made AND LOST so that's where the majority of the learning needs to come from..
11:05 This is a pattern that was active last week on 2 separate days, both times, these longs ran for over $1 I have tried to short and now feel that I have missed the long from $84.76. I missed that signal, but I remember these kind of moves as being pretty strong up-trends. All Im saying is that I am done shorting for probably another 50 cents to $1 up.
Obviously missed the pullback. Look at it rip..... All good.
Oh and sorry for this hindsight trolling, as this post is borderline.
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I see dudes like GT and longboat on MF's just telling him he's the shit all day. At least Gold and Jedi drop charts and shit. Point is this....... Pre-market numbers and sentiment doesn't mean shit to my trading style......... But more importantly, please, for the love of god, stop telling traders they are "real good" or "I want to be like you". That is some bromance type shit man, not trading work. I truly believe MF would want guys to stop talking about how awesome HE is and just do whatever it takes to post the green P/L on a regular basis.
So, in summary, if anyone says "great trade dave!" Your banned. If you say "what a dumb fucking trade dave" you get promoted.