Recent content by benleeph

As for the 5% stop loss...yeap, you might get stop out quickly and prematurely. another approach which I believe that is superior will be to limit your position size. control your loss limit via position sizing rather than trying to optimize your entry and exit level. you might want to include...

yeap...agreed. if we can take care of our losses, the profits will follow. capital preservation is #1 aim. We will often have losses and that is normal. What we need to do is to keep our losses small and manageable while let our profits run.

To add what had been said above: Time frame is also important. When analyzing the charts, please be reminded that 5 mins chart is forming at the same time an hourly chart does and the sames goes to weekly and monthly chart. So the longer the timeframe is, the stronger the trend is. You may want...

two things needed for doji to be powerful trend reversal signal. 1) relatively high volume on the doji 2) relatively high volume on the confirmation candlestick preceding the doji.

you said it well... truly combining fib with ew is powerful and accurate. sometimes i am surprised by its accuracy. i often times get the feeling of dejavu.

hi Subra, Well...if you don't control your urge to trade, your losses will. Even if you make money now, you are building a bad habit in trading and that is very dangerous to have that little "creature" in your trading life. second thing...there is no perfect indicator. the best indicator i am...

Hi Pintoolal, Here is one of my post that I hope can help you clear your mind. I know you are troubled with the things that happened to you. Look positively and move on. All of us make mistakes along the way. Why losing money in market may not be a bad thing? | TradeOrInvest.com I hope this...

hi pintoolal, you should not sit on your losses. cut losses when they are manageable. that is rule #1 in risks management. rule #2...don't revenge on the market. you will tend to compound your problem. my suggestion... cut loss now. take back whatever capital you still have and stay away from...

you are welcome... ;)

you see, everything happens within a "container" called time. every shares transaction happens at a certain price, volume and specific time. in simple words, time is something that everyone remembers...such as your anniversary, your birthday and so on. We remember the Oct 1987 crash, it was...

Well said, firewalker99. I would like to add to that. Just looking at the price alone is like looking using 1-dimension. Looking together with volume is like 2-dimension. Adding the time information, we get 3-dimension. I would rephrase that into "time is the cause, volume is the fuel, price is...

hi everyone... new here. nice to be among fellow traders.