DislikedHello guys,
I have been following this thread for a while, and following it on my charts as well. I have managed to come up with a set of rules to trade this, and it is very similar to melphos, it just incorporates pivots and s&r.
I have one concern. If I were to follow the rules to the T, I just can not see a loss in any of the trades that I would have taken. Mind you, there are somedays when there is no trade at all. But most of the time there are a few trades in the day. All trades are on 15M tf, and only two types, rubber band (snap back of shorter tf stoch), and go with intra-day trend (longer tf stoch coming out of 80/20, wait for smaller tf stoch to retrace, and then come back in line with longer tf stochs). I just have not been able to see a loss. Now I know that in trading, there are always losses. I am patient, only looking for a trade that meets my criteria 100%, nothing that is like a "lets see what the market does"!!!
Both of you have taken many live trades off this method, would you pls care to share a pic of something that was a trade gone wrong?? Or something that you can pick up on a chart where everything was good to go, but did not go according to plan.
Your replies would be much appreciated.
Regards,
K.Ignored
- Post #1,441
- Quote
- Oct 28, 2007 4:16am Oct 28, 2007 4:16am
- Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
- Post #1,442
- Quote
- Edited 4:57am Oct 28, 2007 4:52am | Edited 4:57am
- Joined Jul 2007 | Status: Member | 1,685 Posts
BTC Return This Year:
8.0%
- Post #1,449
- Quote
- Edited 2:16am Oct 30, 2007 2:14am | Edited 2:16am
- Joined Jul 2007 | Status: Member | 1,685 Posts
BTC Return This Year:
8.0%
- Post #1,450
- Quote
- Oct 30, 2007 6:48am Oct 30, 2007 6:48am
- Joined Jul 2007 | Status: Member | 1,685 Posts
BTC Return This Year:
8.0%
- Post #1,451
- Quote
- Oct 30, 2007 10:34am Oct 30, 2007 10:34am
- Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
- Post #1,452
- Quote
- Oct 30, 2007 10:57am Oct 30, 2007 10:57am
"The only successful substitute for brains is silence."
- Post #1,453
- Quote
- Edited 10:02pm Oct 30, 2007 9:55pm | Edited 10:02pm
- Joined Jul 2007 | Status: Member | 1,685 Posts
BTC Return This Year:
8.0%
- Post #1,454
- Quote
- Oct 30, 2007 10:46pm Oct 30, 2007 10:46pm
I need time ,I need money, I need more patience
- Post #1,456
- Quote
- Oct 31, 2007 8:08am Oct 31, 2007 8:08am
- Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
- Post #1,458
- Quote
- Edited 6:42am Nov 1, 2007 6:05am | Edited 6:42am
- Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
- Post #1,459
- Quote
- Nov 4, 2007 1:07am Nov 4, 2007 1:07am
- Joined Jul 2007 | Status: Member | 1,685 Posts
BTC Return This Year:
8.0%
- Post #1,460
- Quote
- Nov 4, 2007 2:17am Nov 4, 2007 2:17am
- Joined Jan 2006 | Status: gamblin wit style | 740 Posts