Recent content by DTK

Completely agree with the "they are as difficult or easy as you care to make them". Not so sure about the "One requires deep stops, drawdowns etc, but requires no knowledge of bid/ask, time & sales etc".

$1000 is nuts? & $850 isn't?

Congratulations on your discovery. Just out of curiosity, is 95% your win probability? If so, what's your win/loss? Trade well, D

There's nothing like working on some charts to cure a hangover. Sorry if my lines are hard to see (no matter what color I choose in Paint, they turn out grey) PS - DBP - is there any reason the "P" in "Consumer StaPles" and "Y" in "Consumer DiscretionarY" are capitalized? The only correlation...

Here's my suggestion / stab in the dark. Is it because the support that it is testing is from 5 months ago and getting a little old? From what I can make out, it also looks like a LrH formed after the "Tst" just previous to the "Tst?" and quite a lot of volume on the follow through.

I’ve often thought that what I do “in the mean time” could be a result of not adequately defining my setup and after entry trade management. Is it? Once you put on the position and the corresponding initial stop, does it clearly state in your plan what would make you take profits, add to the...

Using your numbers of 5% risk on a $100k account over 5 positions makes $1000 risk per trade. Divide $1000 by the dollar value from entry to your stop. If you see your setup trigger at $100 in a stock and it dictates that you place a stop $2 under your entry point, buy 500 shares and set a...

Missing something... This is a cut and paste from p. 49 of Joe Ross' Law of Charts. Can someone tell me why number "2" gets marked where it is although there is no lower high within 3 bars after it? Thanks.