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Re: griff post# 89523

Wednesday, 09/19/2018 8:47:15 PM

Wednesday, September 19, 2018 8:47:15 PM

Post# of 90877
I know what you're saying. I can't say that it fits my style completely, but understand and respect it.

I'm not a big fan of the HA candles. IMO-they aren't telling the real picture. I want to see the highs and lows. With that being said, I have seen merit in buying after the third candle of a trend and won't discount it.

I think part of being a successful trader, is constant analysis, and being totally and completely honest with one self. I have found that I've got a decent idea of what to look for, timing isn't easy. One way around that, is to buy option contracts with more time. I'm doing that with ABX and GOLD now.


The majority of the time, those long term contracts work out. Most are like watching paint dry, buTT….the account is where it's at, because of them.


I still like to play the short term weeklies. The important thing to remember is to take risk minimally. You don't need a lot, to make a lot, so don't risk a lot. The less I average down, the better I do there, too. A little goes a long way when done right. What makes you rich quick, will make you poor just as fast.




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