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Re: 123tom post# 9308

Friday, 01/10/2020 9:40:47 AM

Friday, January 10, 2020 9:40:47 AM

Post# of 11378
If you can stomach the ups and downs in those waves then obviously you hold. If your system can also get you out without giving back all the gains in the period, then it works. I simply won't rid the elevator since it can drop from upper floors to basement with little no warning. How does one know if it is a pullback and more up or a reversal when trading the longer charts. IMO, the confirmation for a swing trade gives up too much. Again, just me.
I would rather have the safety of trading within a major move than giving the gains back.

If you like. Do a paper trade or two. Let me know immediately when you enter and then exit. I will track my system and then we can compare results.. Might be fun.

Green Trades

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