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Alias Born 01/08/2003

Re: TREND1 post# 12644

Tuesday, 10/11/2011 1:13:05 PM

Tuesday, October 11, 2011 1:13:05 PM

Post# of 17387
I have not backtested this chart. My attention is on what is happening at the moment when I'm in a trade.

I'm in and out as time permits. And as you know I strive to follow the trend and stay on the right side of the market. I've never captured every move or even, say, 98% of a single move. I typically try to grab middle chunks.

The biggest problem for me is managing the emotional chatter the market participants, including myself, generates.

The longer time frame charts do not require as much attention as the shorter ones, but with volatile positions like TZA and these times one is at considerable increased risk if one only trades daily charts. I've looked at that and it won't work for me. I don't sleep well under those conditions.

I want to keep my charts simple and practical and avoid a jungle of lines and indicators. Price action means everything.

Lisa


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