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RE: What management strategy do you use to catch big trends?
By Josep, 3 days ago |
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Hi there! Taking partial profits of +80% or more of the position and letting the rest running, trailing the stop loss beyond the MLH (bears) or MHL (bulls) until it gets hit. | ||
What management strategy do you use to catch big trends?
By PB, 3 days ago |
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If you have your profit taking limit order working at 2R, how do you decide to move it to 3R, 4R etc instead? Take yesterday's ES (April 15, 2024) for example. Did you catch most of the trend? What ma... | ||
RE: That's how I saw it. Just got at it. Not sure if getting it right?
By mike, 4 days ago
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Trading Journals
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Mon Apr 15, 2024 Attachment : image.png | ||
RE: Video 43A, Slide 2, Time 1:10
By Raghavendra Prasad, 6 days ago |
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Thanks, Mike and CH for your valuable insight. So, if I am able to enter during Spike, I would monitor the channel and apply all the rules to decide if it is tight, which would help in deciding the ex... | ||
RE: Video 11B Gaps_Slide 19
By mike, 6 days ago
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11 Gaps
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Hongkee, it doesn't answer your question, but there are some additional PA that may shed some light more (or not) ... just my 2c - could be wrong Attachment : image.png | ||
RE: Video 43A, Slide 2, Time 1:10
By Mr. Carpet, 6 days ago |
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Hi Raghavendra, You'll probably want to begin by waiting for a breakout (either one big bar or CC strong trend bars) since most of the tight channels are essentially part of spike+CH formations. You c... | ||
RE: Video 43A, Slide 2, Time 1:10
By mike, 6 days ago |
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My understanding of tight channels is that they consist of small pullback, too small for opposite side to be able to scalp ... check out the annotations (attached) Attachment : image.png | ||
Video 43A, Slide 2, Time 1:10
By Raghavendra Prasad, 6 days ago |
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Al says, "When a channel looks like this, it's a breakout on a higher time frame chart. Only look to buy" for Tight Bull Channel. But he is saying this by showing almost the entire channel. In the beg... | ||
RE: Deciding which markets to trade
By Robert, 6 days ago
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07 Starting Out
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I understand now, in my head I was thinking for some reason a spike has to be one big bar so saying a big bar needs to last several bars confused me. Ty so much for the help 😊 | ||
RE: Significance of wedges
By Cleyson Terra, 7 days ago
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24 Wedges
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Wedges can function as flags (high probability trades) or reversal patterns (low probability). There is no better way to understand it than studying the course and then looking in your platform for se... | ||
RE: That's how I saw it. Just got at it. Not sure if getting it right?
By mike, 7 days ago
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Trading Journals
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Fri Apr 12, 2024 (re-post) Attachment : image.png | ||
RE: Deciding which markets to trade
By mike, 7 days ago
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07 Starting Out
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Spikes are breakouts which are micro channels, micro in a sense that each new bar doesn't break below if it's a bull spike or brake above (in the bear spike) ... several bars without breaking below/ab... | ||
RE: SPY options intraday IV crush
By Andrew Stanton, 7 days ago |
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Selling puts (or calls) offers an entirely different risk profile from buying. Being long options is a defined risk position limited to the premium paid. Selling naked options is an undefined risk pos... | ||
SPY options intraday IV crush
By Ted, 7 days ago |
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Hi, I was wondering if traders should step away from buying calls and switch to sell puts on the days with significant VIX change. To be specific, on Thursday, the market had a selloff in the morn... | ||
RE: Gaps , micro gaps , negative gaps
By Mr. Carpet, 1 week ago |
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Hi Jure, Here are some more examples from our bot that finds gaps. Being able to see these adds a lot of useful information about the strength of a move. Attachment : image.png |