One criticism I have is the return on margin is misleading because that is not the only money you have in your account. The rate of return will be an appropriate way to calculate profitability. ROR = [ (Final NLV / Initial NLV ) - 1 ] * 100%. Imagine, I only have $1,000, what happens when I'm on a losing streak? I won't be able to place $$10 wide spreads without using more money.
I am going thru all of the videos, and am currentlly looking for a practice session on correctly identifying the measured move entry. If you have a vide like that, I could practice, and have the correct answer to compare my answer with.
Dale, THANKS for the vid. I remember a previous video where you mentioned using a moving average (200?) as a stop loss to prevent large losses. Are you now doing that ?
Hi Dale I noticed you do not seem to take into account the overall trend. For example most of the underlyings you examined are in a clear downtrend on the daily. Are you not concerned about trading against the trend? Would’t your overall profitability be improved by avoiding signals against the overall trend?
Actually although ~75% of all stocks go with the trend not all do. So I trade looking at the individual stock chart. The market had changed directions by the way.
@@dalebrethauer7796 Thanks Dale. I do enjoy your videos and I think your strategy is great. Not to split hairs but we are in a bear rally at this point. The trend has not changed. At some point the trend will reverse again if the bottom is in fact in, but we are still clearly in a strong downtrend at this point (200 sma, 50 sma all sloping down, price below both, large volume on down days, etc.). I don’t mean to be critical but trading against a clear and strong trend seems to go against conventional wisdom and unnecessarily increases the odds of a losing trade imho. Just curious as to why that wouldn’t be an extra filter to improve upon your system?
One criticism I have is the return on margin is misleading because that is not the only money you have in your account. The rate of return will be an appropriate way to calculate profitability. ROR = [ (Final NLV / Initial NLV ) - 1 ] * 100%. Imagine, I only have $1,000, what happens when I'm on a losing streak? I won't be able to place $$10 wide spreads without using more money.
I am going thru all of the videos, and am currentlly looking for a practice session on correctly identifying the measured move entry. If you have a vide like that, I could practice, and have the correct answer to compare my answer with.
I am a beginner in stock market. Please share some easy strategy for generating monthly income from this market
Dale, THANKS for the vid. I remember a previous video where you mentioned using a moving average (200?) as a stop loss to prevent large losses. Are you now doing that ?
Yes
Great update Dale. Walking through the charts you follow and detailing what you are looking for was excellent. :):)
Glad it was helpful!
Good presentation....
Thank you
This is gold!
Great video, thx!
Is this for a person with no experience?
What is the cost for 3 months?
Yes. Beginners with no trading experience and a small account can profit from this strategy.
Hi Dale I noticed you do not seem to take into account the overall trend. For example most of the underlyings you examined are in a clear downtrend on the daily. Are you not concerned about trading against the trend? Would’t your overall profitability be improved by avoiding signals against the overall trend?
Actually although ~75% of all stocks go with the trend not all do. So I trade looking at the individual stock chart. The market had changed directions by the way.
@@dalebrethauer7796 Thanks Dale. I do enjoy your videos and I think your strategy is great. Not to split hairs but we are in a bear rally at this point. The trend has not changed. At some point the trend will reverse again if the bottom is in fact in, but we are still clearly in a strong downtrend at this point (200 sma, 50 sma all sloping down, price below both, large volume on down days, etc.). I don’t mean to be critical but trading against a clear and strong trend seems to go against conventional wisdom and unnecessarily increases the odds of a losing trade imho. Just curious as to why that wouldn’t be an extra filter to improve upon your system?