Recent content by lewtz

This is exactly how I'd define it. When dumb money is jumping in, time to get out. This extends well beyond intra-day trading as well.

His strategy is nothing like averaging down. You increase your position when you're averaging down, not moving your stop lower. I don't agree with his method, because you should indicate to yourself when the trade is over by knowing where price goes. People talk about stopping for break evens...

I'm not surprised by this, but was always wondering how long it would take. I really hope you are being sarcastic.

Omg my gold bar is gone

yo fk reps they just make p1ssing contests

Done and done.

Albert Einstein And how can ANYONE come in here and say that discretionary or mechanical trading doesn't work? Are you that fking stupid? Everyone banters on about, "There's a million ways to skin a cat." then go on to say, "THAT DOESN'T WORK!" Shut up. A trading plan is a model of the...

Maybe you're a retard?

Thanks, pal.

to the moon?

I've repped you too much! Keep up the great reading SG.

I found sitting through that pull back to become brutal. I'm new to trading cash, and I've started off with a few losers, so I just wanted to lock in some sort of profits. The r:r on the trade was close to 1:5 and that was a justification(bad) for me to manually close. Normally I will move my...

Folks.. it's all about S/R. Daily: Look at the range my arrows are pointing around. Look at how much trading took place in just that small section. That section was important for whatever reason. Look at how much time was spent just trading in that small area. In between the thin line and the...

Buyers haven't conceded yet.

Something worth looking at on g/j: Might be a trip back to t/l. But if this breaks and there is a sign of R, really good short imo. Also, check out the PA after we made that high. Sellers aren't dominating. This choppiness looks like a battle right now and buyers aren't quite giving up.