Collection of Trading Rules

[Grey1]

Read the bit on risk management..

http://www.boomspeed.com/zsnp/rules.htm

 

[BBB]

Some wonderful words of wizdom, and plenty of them! Thanks.

 

[ColinRiche]

Grey

A quote from your above link... "Buy the first pullback from a new high. Sell the first pullback from a new low. There's always a crowd that missed the first boat."

I see elsewhere you say Buy the second pullback

I prefer the first pullback method... any reason why your view differs ?
.

 

[Grey1]

Colin,

some traders trade the first while others trade the second.. I would say the second pull back offers less risk.

Regards

 

[options]

And more often the stronger. If it comes.

That 's one of the problems. It doesn't always play the game and the market takes off without you.