DislikedWhy try to “measure” pullbacks when we can just wait for breakouts? ...Ignored
Model 3 All Time Pips:
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To Share or not to Share strategy? 61 replies
Share whatever you are willing to share 27 replies
Why do most FF members use Metatrader? 54 replies
What do you think of members who only share their trades way after they happened? 13 replies
DislikedWhy try to “measure” pullbacks when we can just wait for breakouts? ...Ignored
Disliked{quote} I look at my portfolio (and potential portfolio holdings ---14 total) as a battle between momentum and mean revision. I think we are talking the same thing but measuring both is important. I always want to know if mean revision is working or is momentum working. I do not look at it for individual pairs but in groupings. So figuring out how to measure and track the data for both, I believe is importantIgnored
Disliked{quote} Crowded trades rarely work for the long-term. If you have a profitable system, you're better off not sharing it or you'll risk failure. Top proprietary trading firms go to great lengths to protect the secret sauce. The example I think of most is a real estate investment example. If I said I had an amazing real estate method that could give you minimum house flip gains of 50% returns on every home but there were three rules. The house had to meet these three rules 1. Had to be on a cul-de-sac 2. Had to have a walk out basement 3. Had to have...Ignored
Disliked{quote} And? That doesn't make a difference. It's just not how it works. 'Breakout traders' are a dime a dozen and they lose dozens of dimes. With that said; I also often initiate entries and exits with stop-orders but for different reasons.Ignored
DislikedWhy try to “measure” pullbacks when we can just wait for breakouts? ...Ignored
Disliked{quote} Simply becos pullback happen first before any breakouts and breakdowns. In addition breakouts and breakdowns can be fakeheads. The other most important factor is you will have a optimal RRR if you can get it right and even if you are wrong with the optimal RRR you are fail-proof overall. Cheers.Ignored
Disliked{quote} In my previous comment in this same thread, I do track momentum by tracking “significant” breakouts ... but then I wait for a retry (which usually follows after pullbacks if the momentum is “strong” enough) or a reversal (which usually happens when the pullback is “strong” enough) ... in both cases, stop-orders will be employed ...Ignored