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Never Lose Again
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- TheRumpledOne
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Re: Never Lose Again
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
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- TheRumpledOne
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Re: Never Lose Again
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
- TheRumpledOne
- rank: 10000+ posts
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- Joined: Sun May 14, 2006 9:31 pm
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Re: Never Lose Again
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
- TheRumpledOne
- rank: 10000+ posts
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- Joined: Sun May 14, 2006 9:31 pm
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- Location: Oregon
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Re: Never Lose Again
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15563
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 3036
- Location: Oregon
- Real name: Avery T. Horton, Jr.
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Re: Never Lose Again
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- TheRumpledOne
- rank: 10000+ posts
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- Joined: Sun May 14, 2006 9:31 pm
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- Location: Oregon
- Real name: Avery T. Horton, Jr.
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Re: Never Lose Again
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
- TheRumpledOne
- rank: 10000+ posts
- Posts: 15563
- Joined: Sun May 14, 2006 9:31 pm
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Re: Never Lose Again
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
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Re: Never Lose Again
I am looking into trading TRO's buy zone method with equities and ETFs, but have noticed that price can move quite rapidly back and forth through the ENTIRE zone (including crossing back and forth over the open) several times, especially in the first few minutes of trading after the open.
For example, here is this morning's open for DTWI. This is a 1-min chart.
In an earlier thread Avery mentions:
"Stop loss - If the price crosses the open against you, it's time to give it up! The most you should lose is a dime."
How can I do this if the price is moving rapidly back-and-forth through the open and buy zone? I would be stopped out several times before finally reaching the first target level.
For example, here is this morning's open for DTWI. This is a 1-min chart.
In an earlier thread Avery mentions:
"Stop loss - If the price crosses the open against you, it's time to give it up! The most you should lose is a dime."
How can I do this if the price is moving rapidly back-and-forth through the open and buy zone? I would be stopped out several times before finally reaching the first target level.
- TheRumpledOne
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Re: Never Lose Again
Did it gap up or down? Only trade in the direction of the gap fill until it fills.
What is the spread on that stock? More than a dime?
What is the spread on that stock? More than a dime?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
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Re: Never Lose Again
Thanks so much, TRO. Yes, that was it. DWTI has a really large spread, so the jumps just didn't make it a good choice to trade using the buy zone method. I looked at other "cows" today and they traded much more reasonably in the zone.
I'll continue to practice until I feel I've "got it," but am really attracted to the simplicity of your approach. Thank you for all the time you have spent sharing!
I'll continue to practice until I feel I've "got it," but am really attracted to the simplicity of your approach. Thank you for all the time you have spent sharing!
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Thank you for your support.
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