| StockFetcher Forums · General Discussion · Learning | << 1 2 >>Post Follow-up |
| Mactheriverrat 3,153 posts msg #158949 - Ignore Mactheriverrat |
4/8/2022 12:11:20 PM Never stop trying to learn new methods of trading or strategies. If you face consistent losses from this market, you should change your strategy. Peter Lynch. |
| xarlor 581 posts msg #158951 - Ignore xarlor |
4/8/2022 6:17:33 PM This is so true, especially during downtrends. Trading isn't just something to do in bull markets. Everyone should learn strategies to make money both when the market is heading up and also when it's heading down. |
| snappyfrog 721 posts msg #158952 - Ignore snappyfrog |
4/8/2022 7:59:35 PM I agree. The 3rd type of market (consolidation) has been the hardest to learn to trade. Trades are typically for shorter periods and different indicators / oscillators must be used. Snappy (Gary) |
| davesaint86 725 posts msg #158953 - Ignore davesaint86 |
4/9/2022 9:44:04 AM https://www.youtube.com/watch?v=JAGgL40_ntI New free price action course |
| miketranz 961 posts msg #158954 - Ignore miketranz |
4/9/2022 10:13:06 AM Sometimes it's better to step aside,observe,and educate yourself without losing any money.Miketranz... |
| xarlor 581 posts msg #158955 - Ignore xarlor |
4/9/2022 10:32:15 AM @snappyfrog, I've been trading Iron Condors on IWM lately with success. It's trending sideways since February. The price lines below are my current breakevens for May 20 expiration. It's nice when they match up with the channel so closely.  |
| snappyfrog 721 posts msg #158956 - Ignore snappyfrog |
4/9/2022 11:07:38 AM Great strategy xarlor. |
| Mactheriverrat 3,153 posts msg #158957 - Ignore Mactheriverrat |
4/9/2022 12:23:30 PM A lot of great replies. Thanks All!!!! |
| ron22 255 posts msg #158961 - Ignore ron22 |
4/10/2022 12:22:03 PM I understand the basics of using moving averages in up and down markets and oscillators in ranging markets. My big problem is trying to determine when the market is changing from trend to ranging and vice versa. Sometimes I act too soon and get whipsawed. Other times I am too slow and give back 30% of my profits. I prefer swing trading. Can anyone please give me some ideas on the best way to identify market shifts in a timely manner. Thanks a lot. |
| xarlor 581 posts msg #158962 - Ignore xarlor |
4/10/2022 1:56:45 PM There are several swing-trading filters to determine trends. Chop Zone is good on non-choppy tickers. For example, not so good on EEM and XLP. The issue, no filter is going to eliminate whipsaws. I use trend filters to inform how to trade. Is the general market in uptrend (SPY, QQQ, DIA)? Then I trade aggressively. Is it in a downtrend? I don't stop trading, but I do lower my participation drastically and use more bearish trades. Choppy market? Use neutral strategies. |
| StockFetcher Forums · General Discussion · Learning | << 1 2 >>Post Follow-up |