You Have 5 Must Know Tips for Traders or Investors: They are? Why?

[Value Collector]

I agree and wanted to find out how others controlled their risk.

Margin of safety.

It also depends on what your definition of risk is, to me volatility is not risk.

 

[HelloU]

A pure trend trader would never sell until the trend is over. Profit targets don't come into it, nor does selling during the trend.

However, you could overlay on top of trend trading, stop-losses for capital protection, and profit taking for profit crystallization.

soz mate, ignore all that, it was part of a post i had started to write and then stopped for hour of power and AC and never finished or made it sensible ......... i did not realise it was still there above my other quote from you and i tried to delete it ....b4 anyone saw it ....it is gone now ....... but it was along the same lines of urs that there are not many reasons to sell an up trend (but a known pump might be a reason to stick to a an actual number and be happy for safety reasons to jump b4 the dump when manually trading).

that is why it read as a disjointed bit of rubbish.
soz again (i think i got away with it)

 

[rnr]

As an example lets consider a long trade:-
a Swing Trader would enter the trade after a trend reversal had been established (i.e. on the way up) whereas a Mean Reversion trader would enter the trade prior to the trend reversal being established.

 

[willoneau]

Sounds like you're ready to graduation Trading Academy then. Except revision is to review something: as in revise. Reversion is to go back to a previous level: as in revert.

Good point , I'll review the reversion then revise my idea about what it is.
also any help with my spelling would be appreciated as I type with my feet.

 

[HelloU]

Good point , I'll review the reversion then revise my idea about what it is.
also any help with my spelling would be appreciated as I type with my feet.

smart
keeps ur hands free for analysing trade set-ups (aka groin scratching)

 

[willoneau]

I used a similar groin scratching system as you outlined but was unable to get it to work.

 

[willoneau]

Just re-read tech/a's first post and realized getting off topic.

 

[willoneau]

As an example lets consider a long trade:-
a Swing Trader would enter the trade after a trend reversal had been established (i.e. on the way up) whereas a Mean Reversion trader would enter the trade prior to the trend reversal being established.

I would be interested at seeing a mean reversion trader at work.

 

[rnr]

@willoneau

No problems, just follow my suggestion in post #57 of this forum.

 

[willoneau]

Google searching is ok , thought there might be someone here on forum?

 

[IFocus]

If we are talking about trading test your method to death then paper trade it for 3 months min.

This is what professionals do if you don't you are a punter.

Also understand what the market over all is doing up, down, side ways.

 

[rnr]

Google searching is ok , thought there might be someone here on forum?

Just have a look at some the charts that are marked up (as per link) as you will get the drift very quickly.

 

[willoneau]

Just have a look at some the charts that are marked up (as per link) as you will get the drift very quickly.

link?

 

[rnr]

@willoneau

Back at post #57 in this thread.

https://www.aussiestockforums.com/t...estors-they-are-why.34716/page-2#post-1028646

 

[willoneau]

I think i got you (just type "mean reversion trading" into a web browser and view the results), I thought you had marked up some charts and there was a link to them

 

[Joe Blow]

Folks, this thread is veering off-topic. Please keep all comments directly related to the topic of the thread.

Thanks.

 

[Smurf1976]

So far as rules are concerned, one of mine that always applies is that if you want to be on board well then get on board and don't be that person running down the street as the bus disappears into the distance.

Or in more practical terms if you want it and can buy it for $1.00 then what you don't want to be doing is trying but failing to buy it at 99c and then ending up buying at $1.20 etc.

Same in the other direction. If it's time to get out then do so.

 

[tech/a]

So far as rules are concerned, one of mine that always applies is that if you want to be on board well then get on board and don't be that person running down the street as the bus disappears into the distance.

Or in more practical terms if you want it and can buy it for $1.00 then what you don't want to be doing is trying but failing to buy it at 99c and then ending up buying at $1.20 etc.

Same in the other direction. If it's time to get out then do so.

Radge has a saying for this both for entry AND Exits

“ Don’t be a Dick for a tick “

 

[Value Collector]

So far as rules are concerned, one of mine that always applies is that if you want to be on board well then get on board and don't be that person running down the street as the bus disappears into the distance.

Or in more practical terms if you want it and can buy it for $1.00 then what you don't want to be doing is trying but failing to buy it at 99c and then ending up buying at $1.20 etc.

Same in the other direction. If it's time to get out then do so.

Why wife is experiencing this at the moment, Hahaha.

She was holding out for a 5 cent drop in Sydney airport, and so far over a couple months has moved her offer price up from $6.90 to $7.50, and still doesn’t own the stock.

She is a bargain shopper, but sometimes it works sometimes it doesn’t.

 

[Gringotts Bank]

“ Don’t be a Dick for a tick “

Don't be a duck either.