Not exact matches
Also, it is important to understand our
trading strategy is not designed to call exact tops or
bottoms in the market; rather, our goal is always to «take the meat out of the middle» of a confirmed
trend, which enables us to realize the maximum profit with the least amount of risk.
Often, the best time to enter in the overall
trend direction, is when it feels like maybe you shouldn't; these retracements can often seem like tops or
bottoms, and many traders
trade them as such, and then get burned as the dominant
trend resumes.
It is the most recent example of an alarming
trend — the abdication of responsibility by boards of education to publicly
traded, profit - making companies whose
bottom line is not education but the strength of their financial performance for their stockholders.
TREND REVERSALS
Bottoms & Tops Fishing for Profits Trading bottoms and tops have the highest reward: risk ratios of all short - term
Bottoms & Tops Fishing for Profits
Trading bottoms and tops have the highest reward: risk ratios of all short - term
bottoms and tops have the highest reward: risk ratios of all short - term
trades.
These stocks are currently
trading near the
bottom of
trend channels but moving higher, presenting a buying opportunity.
Counter-
trend Trading: Trends do indeed end, and if you are a savvy and skilled trader you can successful trade a counter-trend move, but this should not be tried until trend - trading has been mastered as counter-trend trading is inherently more risky than trend - trading and there can be many false tops or bottoms in a trend before the real one e
Trading: Trends do indeed end, and if you are a savvy and skilled trader you can successful
trade a counter-
trend move, but this should not be tried until
trend -
trading has been mastered as counter-trend trading is inherently more risky than trend - trading and there can be many false tops or bottoms in a trend before the real one e
trading has been mastered as counter-
trend trading is inherently more risky than trend - trading and there can be many false tops or bottoms in a trend before the real one e
trading is inherently more risky than
trend -
trading and there can be many false tops or bottoms in a trend before the real one e
trading and there can be many false tops or
bottoms in a
trend before the real one emerges.
Traders who continually try to
trade against the
trend by trying to pick the top and
bottom of the market, generally lose money quite quickly.
In my small unique book «The small stock trader» I also had more detailed overview of tens of stock
trading mistakes (http://thesmallstocktrader.wordpress.com/2012/06/25/stock-day-
trading-mistakessinceserrors-that-cause-90-of-stock-traders-lose-money/): • EGO (thinking you are a walking think tank, not accepting and learning from you mistakes, etc.) • Lack of passion and entering into stock
trading with unrealistic expectations about the learning time and performance, without realizing that it often takes 4 - 5 years to learn how it works and that even +50 % annual performance in the long run is very good • Poor self - esteem / self - knowledge • Lack of focus • Not working ward enough and treating your stock
trading as a hobby instead of a small business • Lack of knowledge and experience • Trying to imitate others instead of developing your unique stock
trading philosophy that suits best to your personality • Listening to others instead of doing your own research • Lack of recordkeeping • Overanalyzing and overcomplicating things (Zen - like simplicity is the key) • Lack of flexibility to adapt to the always / quick - changing stock market • Lack of patience to learn stock
trading properly, wait to enter into the positions and let the winners run (inpatience results in overtrading, which in turn results in high transaction costs) • Lack of stock
trading plan that defines your goals, entry / exit points, etc. • Lack of risk management rules on stop losses, position sizing, leverage, diversification, etc. • Lack of discipline to stick to your stock
trading plan and risk management rules • Getting emotional (fear, greed, hope, revenge, regret, bragging, getting overconfident after big wins, sheep - like crowd - following behavior, etc.) • Not knowing and understanding the competition • Not knowing the catalysts that trigger stock price changes • Averaging down (adding to losers instead of adding to winners) • Putting your stock
trading capital in 1 - 2 or more than 6 - 7 stocks instead of diversifying into about 5 stocks •
Bottom / top fishing • Not understanding the specifics of short selling • Missing this market / industry / stock connection, the big picture, and only focusing on the specific stocks • Trying to predict the market / economy instead of just listening to it and going against the
trend instead of following it
(Many
trading pros advocate this approach - although Jones is unique in that he tries to catch
bottoms - most traders seem to advocate waiting on a
trend).
Pin Bar
Bottom patterns are traded when found at the bottom of a trend and validated by key support l
Bottom patterns are
traded when found at the
bottom of a trend and validated by key support l
bottom of a
trend and validated by key support levels.
Double Low Higher Close can be
traded as a reversal candlestick pattern when found at the
bottom of a short term
trend and validated by support levels.
BUOVB patterns can be
traded as a reversal candlestick pattern when found at the
bottom of a short term
trend and validated by support levels.
Key Engulfing reversal patterns can be
traded as a reversal candlestick pattern when found at the top or
bottom of a short term
trend and validated by support or resistance levels.
RR looks for stocks in an uptrend, identifies the
trading range within that
trend, and buys at the
bottom.
-LSB-...] the original post here: Why People Do not Believe in
Trend Following as a
Trading... Tagged with: anti • people - want • the - anti • the -
bottom •
trend - following -LSB-...]
The Three Black & White forex
trading strategy is essentially a reversal pattern that can be effectively used to track a bullish / bearish
trend at the
bottom / peak of an existing
trend.