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Strategies & Market Trends : Timing the Trade the Wyckoff Way -- Ignore unavailable to you. Want to Upgrade?


To: coferspeculator who wrote (14118)8/4/2017 2:03:31 PM
From: Joe Highlander  Read Replies (1) | Respond to of 14340
 
Very well said, thanks.

Experience shows that holding positions is very difficult, even non leveraged, cash positions, 20 to 25 percent of trading line per position, is difficult to hold. Leaving alone the emotions and because we are humans actions, the rules do not permit gaining the percentage profits that we find in DR. The hypothetical numbers must be of some benefit but I don’t know what. 10 bagger in BIDU was doable, but many of other big numbers were absolutely not doable. Even in hind sight there was no way to match these numbers. Take any best number stock and look at 5 year chart. You had to sell some when dropped below that MA; you had to wait for market signal and true evidence of strong buying interest in the partially sold stock before you could buy back, often at higher prices than sold- not supposed to do that T says- and in the face of knowledge that it is best to put money in new leaders in new upcycle.

So, thanks for your kind suggestion, so well formulated.