I appreciate you putting yourself out there, but - your rules seem to change from what you defined in previous documents that you presented as "the rules". If you are changing your rules to also address resistance and support you should revise your rules and explain how they will be used. For instance, which has priority: a pull back to the 21 going long , or a resistance level - going short (like the 2 trades shown here that are conflicting with your base rules) etc. Otherwise it seems that you are just creating trades to match the charts, after the fact...Following your actual - reviously defined rules would have resulted in 3 consecutive losses, instead of the two wins and one loss (initially) - Thanks
Yes, I should have made clear that in this video I am trying to account for both trend trades and range trades at the same time. It is a little different than what I've shown in the past, and I am refining the ideas as I go. I have not concretely written down the new adjusted rules yet, but as I keep working at improving my trading I will make another video explaining the rules as best I can. My trading is always evolving and I try to improve my profitability every day, and in future videos I will be able to better define what I show here.
Thank you for that. I work very hard to better my trading, and I hope that these videos can help others as well. I know that these videos can be a double-edged sword, in that they can make sense to some people and just really confuse and frustrate others. The newest iteration of my trading is a response to the valid criticism that choppy price action will lose traders money using just momentum/trend trades, and so I am trying to find a balance between trending markets and ranging markets, and hopefully I can clearly show that to other people soon.
I have learned so much from you and I am eternally grateful.
I'm really glad to hear that, and I really hope that your trading is improving with some of the information that I provide.
I appreciate you putting yourself out there, but - your rules seem to change from what you defined in previous documents that you presented as "the rules". If you are changing your rules to also address resistance and support you should revise your rules and explain how they will be used. For instance, which has priority: a pull back to the 21 going long , or a resistance level - going short (like the 2 trades shown here that are conflicting with your base rules) etc. Otherwise it seems that you are just creating trades to match the charts, after the fact...Following your actual - reviously defined rules would have resulted in 3 consecutive losses, instead of the two wins and one loss (initially) - Thanks
Yes, I should have made clear that in this video I am trying to account for both trend trades and range trades at the same time. It is a little different than what I've shown in the past, and I am refining the ideas as I go. I have not concretely written down the new adjusted rules yet, but as I keep working at improving my trading I will make another video explaining the rules as best I can. My trading is always evolving and I try to improve my profitability every day, and in future videos I will be able to better define what I show here.
@@JackLivingston-i7x Your honesty is disarming. You're a nice guy...
Thank you for that. I work very hard to better my trading, and I hope that these videos can help others as well. I know that these videos can be a double-edged sword, in that they can make sense to some people and just really confuse and frustrate others. The newest iteration of my trading is a response to the valid criticism that choppy price action will lose traders money using just momentum/trend trades, and so I am trying to find a balance between trending markets and ranging markets, and hopefully I can clearly show that to other people soon.