so.. what happens when the long term trend turns, and you do not realize it until you have blown out 75% of your account? what prevention measures do you have in place to prevent something like that??

No Stress Trading

open — Hello Everyone, my name is Dave, and Im a trendaholic.. I think a nice topic to start discussing is entry.. there are really only two main points you can enter a trend, that being either a pullback or a breakout.. which strategy do you ...

Soultrader's Clinic :)

Sounds like my kind of job

The Art of Hand Signals

take a look at the picture i attached when there is a reaction after a rally and price begins to decline what normally happens is the traders who were short find an opportunity to liquidate their shorts and admit they were wrong, the people who were ...

Drawing a Trendline

here is my philosophy: they measure the size and magnitude of a reaction.. if the reaction remains the same after each rally the trend is still intact, but if a reaction is larger than usual a trendline will be broken and therefore a reversal could ...

Drawing a Trendline

check out COT data, it is somewhat like volume data but better because it separates the data and you can see what the big boys are doing as well as the commercial hedgers. Its fun to look at, but I dont use it because the data is extremely lagged. ...

Volume as a decision criteria?

I would try and think of it in more objective rather then subjective terms. What mbqb11 is trying to clarify is the fact that it can be either a continuation or exhaustion point, you have to watch the market and wait for it to break above or below ...

james16 Chart Thread

no ellos son diferentes ( url y url )

Vegas Method - has it been successful for others?

finishing up "trading in the zone", great book!

Book of the Month (Sept 07)

NO! refrain from making another trade until you know how to trade and make consistent returns.. and believe me you will know when you are ready.. I do not recommend taking the money out of your account, but do not trade until you have a decent ...

The Biggest Challenge: What will YOU do?

I disagree, I think all traders, technical or fundamental should use averaging as a trading tool The question is there one method more effective then another?

'Averaging Down Is for Losers' - valid or not?

definitely! — Definitely worth studying, exploring, and debating! Anyone have any strategies, comments, or observations on this subject?

'Averaging Down Is for Losers' - valid or not?

i might have to pick up a copy, looks interesting

Traders Needed for New Book!

ok, just dont practice with real money

How do you find and confirm a trend?

I will do you one better, I will post his first email to me in this very thread but hey, do me a favor, please use it for your reference, however since this was a personal email from Tom to me please do not post it anywhere else or ...

How do you find and confirm a trend?

No one knows the answer to those questions, if we did then we would be sooo filthy rich, and you wouldnt see me on forexfactory you would see me on an episode of cribs.. All you can do is put the odds in your favor, and like you said, have a trading ...

How do you find and confirm a trend?

oh dont try and scare everyone its simple varibles = timeframe and price direction you only have to really take into account those two things look at longer timeframes for longer term trades and shorter timeframes for shorter term trades.. then ask ...

How do you find and confirm a trend?

the thing I do not like about MA's or any other indicator for that matter is the fact that they have set parameters. The market changes constantly.. the past few weeks are living proof, the voltility of the market has been wild! Average daily ranges ...

How do you find and confirm a trend?

thank you

How do you find and confirm a trend?