The Bear Rally looks like it trying to start, but we have a small cycle bottom coming up and the new system \chart layout is now giving more information that is very useful...
I would love to hear a littble bit more in depth about your blue collar worker trading strategy: especially how you would recommend to setup stop loss orders - are you using them? And especially how you take your profits. thank you for your great work! I am learning so much.
Majorcycles
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@satheras, What you describe is for traders. I am an investor. I only care about the top areas and the low areas. Using stop losses is something for traders. Investors are in this for the 5-10 year timeline, hence why I say that this strategy is for the blue collar worker. IF you want trading, then I don't think this channel or my content is suited for you because if you look at the MACD on the 3 day, the moves last months, not weeks or days, hence why this strategy is for investors and blue collar workers. If you are using stop losses, then that is a setup for traders. Hope this helps.
Majorcycles
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thanks.
SwallowPremium
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That´s a lot going on here, thanks for the post man!
especially how you would recommend to setup stop loss orders - are you using them?
And especially how you take your profits.
thank you for your great work! I am learning so much.