Disliked{quote} I'm afraid that you didn't get my point yet. You are wrong if you think I'm against you way or trading. There is a difference between to be against one thing and to want to improve it. I'm just saying that we MUST improve this system, it's our duty. And the primary target must be to find a better point to start to build the position. How? Well, I'm trying to find that how, and you should do it as well. I always said to you that you start to build too soon, and that is fact. Building position works fine, but it could work way better imho....Ignored
I apologize for anything in my post that caused you to think I did not get your point, or that you are against my way of trading, because I fully agree with everything you put into that post. Not only that, but I look forward to any developments from you as to how to best apply PVSRA, i.e., how to best trade using Classic and Scouts. That is, after all, part of the goal of the PVSRA "in-work" project. The other part being how to best do the analysis itself.
For myself, even though I have been trading mostly opposite the trend (draw down intensive) and profiting, I would naturally prefer a less draw down intensive method. It has just been that I have opened with Classics, only to have the price take off in the other direction, and so I followed it. Profitable in the end, but frustrating. And maybe for me, the focus needs to be more on trends, larger trends, and on Classics in their direction. I am not sure, but I do plan on attempting Classic entries more thoughtful of the larger trend in upcoming trades, and so hopefully being able to build in the direction of the trend, not against it.
Anyway, anything that you do to shed more light on nailing this down is going to be a Godsend to all of us, and especially me!
-tah