Kreslik.com - traders community since 2006

Scottcap, Craigaudio and I had a good discussion and analysis of doubling down after one loss. This may feel good psychologically but it makes not sense for your profits. You have the same winning % on the first trade as the second. So why should the second trade be at 2x the risk? You could certai...

Here are additional question. If after the start of a new hour you pass taking the first trade signal, lets say it is a buy, and following a sell is hit do you take it or not? Or, should you only take the first trade signal that is hit and forgot about taking any others until the start of the next h...

I have two questions about using Buy Sell Zone. 1. If you are quick enough to get into a trade right after the new hour starts and you are stopped out of the trade should you double down in the reverse position, ie; initially gone long 1 contract, stop loss hit reenter 2 short positions. Or is bette...