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Let me make a few more comments
Eyeballing a few charts with "The Ducati Daily Blue Bar strategy" applied I'm amazed how simply it plots a trend. Buying the first "blue bar" & selling the first "red bar" is simple & effective. I'm first to admit the strategy needs further development (my "To-do-List" is forever growing)

New strategies
With each new "Trading Strategy" or "Trading Idea" it's not about making easy money but rather tilting the odds of success in our favour by buying into trends whilst minimizing our losses. Trading is all about buying good companies at the "right time" & getting off quickly when the position turns south. It's also worth noting "some" traders forget to have a mechanism in place to take profits.

Who knows what the future holds
After reading [USER=4374]@bigdog[/USER] thread today it paints a grim picture for trading on Monday. Let’s assume [USER=4374]@bigdog[/USER] post is correct, some traders could be fearful of another huge sell off & their plan might be to sell now & buy back later, who knows. One man's trash is another man's treasure.

What should we do?
Too much advice in my opinion is flawed as the advice focuses on what to "buy & sell" & it never focuses on "when to buy". "The Ducati Daily Blue Bar strategy" can alleviate this concern as the ‘timing’ is governed by the "blue bar" driven by the most recent trading results. There are still bargains to be had & odds of picking these are favourable (IMHO) using "The Ducati Daily Blue Bar strategy".

It looks ok
“The Ducati Daily Blue Bar Strategy” is successful entering the trend early & "staying in the trend" as long as possible is the key to its profitability. When the position goes against the trend we simply hop off on the next "red bar", it couldn't be simpler.

These are difficult times
We all have to do better to understand technical analysis a little better so we can improve our trading skills. Having an open mind to new trading ideas "could be the key". We all know things will change, "for better or worse" & if we are trading at the moment, it can get us into a pickle - or - on the flip side, it can make us a lot of money. Opportunities don’t come around all that often & having the correct trading plan can "save" or "make" us a lot of money. Individual traders need to decide their course of action because we all need to sleep at night. Your trading plan & trading strategy are different so let’s not confuse the two.

Skate.

<blockquote data-quote="Skate" data-source="post: 1065942" data-attributes="member: 57364">Let me make a few more commentsEyeballing a few charts with &quot;The Ducati Daily Blue Bar strategy&quot; applied I&#039;m amazed how simply it plots a trend. Buying the first &quot;blue bar&quot; &amp; selling the first &quot;red bar&quot; is simple &amp; effective. I&#039;m first to admit the strategy needs further development (my &quot;To-do-List&quot; is forever growing)New strategiesWith each new &quot;Trading Strategy&quot; or &quot;Trading Idea&quot; it&#039;s not about making easy money but rather tilting the odds of success in our favour by buying into trends whilst minimizing our losses. Trading is all about buying good companies at the &quot;right time&quot; &amp; getting off quickly when the position turns south. It&#039;s also worth noting &quot;some&quot; traders forget to have a mechanism in place to take profits.Who knows what the future holdsAfter reading [USER=4374]@bigdog[/USER] thread today it paints a grim picture for trading on Monday. Let’s assume [USER=4374]@bigdog[/USER] post is correct, some traders could be fearful of another huge sell off &amp; their plan might be to sell now &amp; buy back later, who knows. One man&#039;s trash is another man&#039;s treasure.What should we do?Too much advice in my opinion is flawed as the advice focuses on what to &quot;buy &amp; sell&quot; &amp; it never focuses on &quot;when to buy&quot;. &quot;The Ducati Daily Blue Bar strategy&quot; can alleviate this concern as the ‘timing’ is governed by the &quot;blue bar&quot; driven by the most recent trading results. There are still bargains to be had &amp; odds of picking these are favourable (IMHO) using &quot;The Ducati Daily Blue Bar strategy&quot;.It looks ok“The Ducati Daily Blue Bar Strategy” is successful entering the trend early &amp; &quot;staying in the trend&quot; as long as possible is the key to its profitability. When the position goes against the trend we simply hop off on the next &quot;red bar&quot;, it couldn&#039;t be simpler.These are difficult timesWe all have to do better to understand technical analysis a little better so we can improve our trading skills. Having an open mind to new trading ideas &quot;could be the key&quot;. We all know things will change, &quot;for better or worse&quot; &amp; if we are trading at the moment, it can get us into a pickle - or - on the flip side, it can make us a lot of money. Opportunities don’t come around all that often &amp; having the correct trading plan can &quot;save&quot; or &quot;make&quot; us a lot of money. Individual traders need to decide their course of action because we all need to sleep at night. Your trading plan &amp; trading strategy are different so let’s not confuse the two.Skate.</blockquote>

[QUOTE="Skate, post: 1065942, member: 57364"] [B]Let me make a few more comments[/B] Eyeballing a few charts with "The Ducati Daily Blue Bar strategy" applied I'm amazed how simply it plots a trend. Buying the first "blue bar" & selling the first "red bar" is simple & effective. I'm first to admit the strategy needs further development (my "To-do-List" is forever growing) [B]New strategies[/B] With each new "Trading Strategy" or "Trading Idea" it's not about making easy money but rather tilting the odds of success in our favour by buying into trends whilst minimizing our losses. Trading is all about buying good companies at the "right time" & getting off quickly when the position turns south. It's also worth noting "some" traders forget to have a mechanism in place to take profits. [B]Who knows what the future holds[/B] After reading [USER=4374]@bigdog[/USER] thread today it paints a grim picture for trading on Monday. Let’s assume [USER=4374]@bigdog[/USER] post is correct, some traders could be fearful of another huge sell off & their plan might be to sell now & buy back later, who knows. One man's trash is another man's treasure. [B]What should we do?[/B] Too much advice in my opinion is flawed as the advice focuses on what to "buy & sell" & it never focuses on "when to buy". "The Ducati Daily Blue Bar strategy" can alleviate this concern as the ‘timing’ is governed by the "blue bar" driven by the most recent trading results. There are still bargains to be had & odds of picking these are favourable (IMHO) using "The Ducati Daily Blue Bar strategy". [B]It looks ok[/B] “The Ducati Daily Blue Bar Strategy” is successful entering the trend early & "staying in the trend" as long as possible is the key to its profitability. When the position goes against the trend we simply hop off on the next "red bar", it couldn't be simpler. [B]These are difficult times[/B] We all have to do better to understand technical analysis a little better so we can improve our trading skills. Having an open mind to new trading ideas "could be the key". We all know things will change, "for better or worse" & if we are trading at the moment, it can get us into a pickle - or - on the flip side, it can make us a lot of money. Opportunities don’t come around all that often & having the correct trading plan can "save" or "make" us a lot of money. Individual traders need to decide their course of action because we all need to sleep at night. Your trading plan & trading strategy are different so let’s not confuse the two. Skate. [/QUOTE]

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