Strat's PASR Long Term, Stress Free Trading

Quoting 2be

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Just returned from a longish family holidays in Yorkshire. Have had a great weather and together with our grandchildren we tried to follow Strat's footsteps in his beloved county. Things look good there, and life seems to be a bit more relaxed, and certainly the locals are very friendly. Back in East Sussex and catching up with markets a bit. Looking at monthly US indices, Volatility Index and USD Index efforts some long term perspective, but to me it looks messy with DOW well range bound for some time, but not S&P or NASDAQ, that means that the...

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Quoting bistolis

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{quote} I cant predict but more or less for yesterdays move I was correct. Out of my presumed (and possible) 80-90pips I got 45 But over the next days I have no clue. Rising interest rates is a bugger for inflated stock prices. I dont really think the markets have much steam in them still, since the FED party is over for now. If for some reason the FED is going to go back to zero rates at any point it will be party time again. That is all I am paying attention to really, which is interest rates.

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Quoting bistolis

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I was so tempted to short this. But it just didnt feel good {image}

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Quoting Strat

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{quote} Good to see you posting again 2be! Sounds like you were in the Dales around Skipton and the Tykes are always friendly and welcoming. Thanks for your overview - always worth reading but messy or trending, PASR with Volume does the business

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Quoting bistolis

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I had my eye on crude today but not actively watching though. A pretty good day for PASR trend traders{image}

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Quoting bistolis

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too much volatility today at the open. did a couple of mistakes but at least I managed to grab a piece. overall positive but not great. {image} I wasnt fast enough to grab the bounce off of 200ema on m5

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Quoting mp777

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{quote} Hey Strat, I’m a long standing FF member and remember your thread when it first hit the forum. I’ve not been in the factory for a good few years and don’t recognise many names nowadays so it’s quite comforting to see another old timer still going strong - especially another Yorkshireman - I never knew. I’m currently close to Skipton myself, on a narrowboat, on the Leeds & Liverpool canal. I’ll catch up with your thread now, got some reading to do…

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Quoting Strat

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{quote} too much volatility today at the open That's why I wait until the wicks and tails resolve themselves before entering - ""usually"" 3 to 5 minutes. Trading the volatility suggests greed and FOMO, bistolis.

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Quoting Strat

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{quote} A pretty good day for PASR trend traders Black Gold owes me a LOT of money from my earlier Futures trading in the 80s/90s so I don't want to give it anymore. It looks good when trending but is a SOFAB when doing anything else.

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Quoting bistolis

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{quote} not my brightest idea . but I had to short at the highs since it was my plan . after in came to the point where you entered long I exited and then I was waiting but the big boss found some other stuff for me to take care of

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Quoting Strat

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{quote} I had to short at the highs since it was my plan How do you know when PRICE is ""at the highs"" - do you have a magic crystal ball? Trading the unknown, especially during high volatility, (gambling) is a sure way to empty your account. Maybe a change of Plan is needed?

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