Recent content by TheRTTrader

Hey Bez - I completely agree - EW 5 waves to a new high, counting from the last a-b-c is the single best exit I know, especially for momo stocks. All the rate of change indicators are 1-2 days late, and in the case of high flying stocks, often significantly way off the highs (and the wave 5...

You are proably right - except my day is 12 hours, with mid day breaks and a hour for dinner, it runs ca. 8AM to 8PM. So home is practical and comfy... Winter sweats, Summer as little clothes as possible... and only 6 steps to get to work ... [

Good point - she tends to feel bad when I have a losing day and get all excited when I am on a roll. She follows very little specifically, except what I trade for her IRA account. So "'how was your day" getsan "OK," " pretty good," "not so hot." and generally left at that. Since I trade for...

Which about half sums it up. The other half is once you know what you are doing, then the whole idea is to be as constant emotionally as possible, as any emotional high or low will distort your ability to act properly in the contect of what you should be doing. When you know what you are...

My sentiments exactly - what I do is take an intermediate view, partially exiting, then reloading giving me a position 1.5 times. The hardest part of trading imo is the exit of a profitable trade. Predefined targets are just an opinion, and imo worthless. Using some technical basis makes a...