I was asked this weekend by a trader here on tradingview.com
LOL Beach how I as a trader position for existing TREND,in order to PROFIT MOST
Do I scale in at 10%,25% 50%...or do I go all in at once to 100 % ?
Every trader has his or her own way/method of risking their own capital in the market.
My own trading method which I will reveal here for the first time,is to progressively
ACCUMULATE AGAINST TREND at KEY BREAKOUT/BREAKDOWN points Short/Intermediate Term,
so that when the PRIMARY LONG TERM BREAK OF EXISTING TREND TREND OCCURS,
I AM 100% FULLY INVESTED IN THE BREAKOUT OF THE NEW TREND
so I can capture FULLY THE PROFIT POTENTIAL of the Upside/Downside Break Completely.
Did you get that ?
If I believe that the existing TREND is SOON or ABOUT to REVERSE
then I begin to position and ACCUMULATE AGAINST TREND,
which is the exact opposite of a trend following system
As an example, I began accumulating position in
SQQQ Pro Shares 3 X Short Nasdaq 100 ETF,
when the NDX 100 was actually between 7400-7700 price peak
this past fall in October and November, almost 1500 points ago.
When the Nasdaq 100 Primary Break of Major Trend occured in December,
I was loaded 90 % in SQQQ inverse ETF.
Counter Trend trading method has the huge advantage
is that you are able to buy into a LONG or SHORT POSITION at bargain basement prices.
Who wants to pay Tiffany prices,thousands of dollars more... when you can go to Amazon instead,
TRADING is the EXACT Opposite of TREND following for me.
so It is important that you KNOW what TREND is at ALL TIMES,
to COUNTER POSITION ACCUMULATE AGAINST IT.
That is the secret I am revealing here for the first time.
If you look at the Nasdaq 100 Chart included here,
you can see the break of the Wedge Triangle that followed
That is where I was 90 % Short the NDX with SQQQ
Next, I have circled the area on the chart that has followed.
Now if I believed that the Nasdaq 100 was building
a base for rally back to the breakdown point of the Wedge Triangle
I would be accumulating shares right now in TQQQ, Pro Shares 3 X BULL Nasdaq 100 ETF
Problem is I don't believe that the Nasdaq 100 is headed back up there anytime soon.
I believe the Nasdaq 100 is heading south, probably soon for a re-test of 5900
So I am in a wait and see mode at the moment,
hoping for an additional rally
so I can begin to accumulate SQQQ again,
for another big decline this time thru 5900 Support.
COUNTER TREND ACCUMULATION METHOD Of TRADING,
is something I have been doing for a very long time.
But in the face of some sharp pointed criticism from a very angry,yet bright and astute young trader this past week,
I have decided to reveal my own hand here for the first time.
In order to practice this method of trading, you must know the market you are trading like the back of your hand.
I AM NOT a believer in Diversification.
I AM a believer in .... Concentration
You must have very strong belief in YOURSELF to practice this method of trading.
and you must tune everything else OUT !
When the BREAK of TREND OCCURS using my trading method described here,
it will surely bring you financial rewards that you only dreamed were possible before.
Disclosure: The above information describes my own proprietary trading methods.
it is not meant for most traders. Please use self discretion.
THE_UNWIND
12/30/18
NEW YORK
LOL Beach how I as a trader position for existing TREND,in order to PROFIT MOST
Do I scale in at 10%,25% 50%...or do I go all in at once to 100 % ?
Every trader has his or her own way/method of risking their own capital in the market.
My own trading method which I will reveal here for the first time,is to progressively
ACCUMULATE AGAINST TREND at KEY BREAKOUT/BREAKDOWN points Short/Intermediate Term,
so that when the PRIMARY LONG TERM BREAK OF EXISTING TREND TREND OCCURS,
I AM 100% FULLY INVESTED IN THE BREAKOUT OF THE NEW TREND
so I can capture FULLY THE PROFIT POTENTIAL of the Upside/Downside Break Completely.
Did you get that ?
If I believe that the existing TREND is SOON or ABOUT to REVERSE
then I begin to position and ACCUMULATE AGAINST TREND,
which is the exact opposite of a trend following system
As an example, I began accumulating position in
SQQQ Pro Shares 3 X Short Nasdaq 100 ETF,
when the NDX 100 was actually between 7400-7700 price peak
this past fall in October and November, almost 1500 points ago.
When the Nasdaq 100 Primary Break of Major Trend occured in December,
I was loaded 90 % in SQQQ inverse ETF.
Counter Trend trading method has the huge advantage
is that you are able to buy into a LONG or SHORT POSITION at bargain basement prices.
Who wants to pay Tiffany prices,thousands of dollars more... when you can go to Amazon instead,
TRADING is the EXACT Opposite of TREND following for me.
so It is important that you KNOW what TREND is at ALL TIMES,
to COUNTER POSITION ACCUMULATE AGAINST IT.
That is the secret I am revealing here for the first time.
If you look at the Nasdaq 100 Chart included here,
you can see the break of the Wedge Triangle that followed
That is where I was 90 % Short the NDX with SQQQ
Next, I have circled the area on the chart that has followed.
Now if I believed that the Nasdaq 100 was building
a base for rally back to the breakdown point of the Wedge Triangle
I would be accumulating shares right now in TQQQ, Pro Shares 3 X BULL Nasdaq 100 ETF
Problem is I don't believe that the Nasdaq 100 is headed back up there anytime soon.
I believe the Nasdaq 100 is heading south, probably soon for a re-test of 5900
So I am in a wait and see mode at the moment,
hoping for an additional rally
so I can begin to accumulate SQQQ again,
for another big decline this time thru 5900 Support.
COUNTER TREND ACCUMULATION METHOD Of TRADING,
is something I have been doing for a very long time.
But in the face of some sharp pointed criticism from a very angry,yet bright and astute young trader this past week,
I have decided to reveal my own hand here for the first time.
In order to practice this method of trading, you must know the market you are trading like the back of your hand.
I AM NOT a believer in Diversification.
I AM a believer in .... Concentration
You must have very strong belief in YOURSELF to practice this method of trading.
and you must tune everything else OUT !
When the BREAK of TREND OCCURS using my trading method described here,
it will surely bring you financial rewards that you only dreamed were possible before.
Disclosure: The above information describes my own proprietary trading methods.
it is not meant for most traders. Please use self discretion.
THE_UNWIND
12/30/18
NEW YORK