Discussing recent trade, stuff moves, staying safe with parabolic trades – the amount of traders that just short because things are up SCARES me
As always comments beyond what I cover on the DVD + new members page please post below!
If new type of trades which is on there I will skip over to not annoy those who actually are trying.
As always just log into the momentum chat room at 7:50PM and I’ll send you the link!
Hello Nate, I wold watch the webinar recorded because of the different time zone.
I have some questions:
When you shorting pop:
How do you know where exactly to short and how do you know if
the pop is over or continues to go? Do you short on the first red candle
on this pop?
I ask because sometimes I am too early (in this case I
am stopped out) and sometimes I am too late when shorting the pop. Do
you have exactly rules or do you let yourself room to add?
My next question:
Do you have some back testing data and how do you test if a strategy works? How much data do you use for that?
Thanks a lot.
I get the thing of scaling in and out of a trade, to start small and then add to a winner. But how about for people with small accounts that can only afford “one bullet”? For instance, in Brandon’s twitter when he posted his “small account” project to grow it up, we could see one entry|exit while building this accnt. What should we be watching for an entry/exit? Maybe out of the trades you took today you could explain it like “in this trade, if I were to shot|take one bullet I would have waited for…”… Thanks!
As it says no a new member type of trade until back side and confirm set risk
Hi Nate, I have two related questions:
– What is the benefit of having more than one trading account? For example in your DVDs and also in today’s ‘What is a “stuff” move?’ blog post you show positions/profits from multiple accounts. Is it mainly to utilize different routes or are there additional benefits to having more than one?
– What are the differences between Wedbush and ETC?
In your charts you have a Moving Average Exponential . Do you use it to see weakness/strenght in the stock?
Hi Nate, because of the time zone, I missed the webinar. Could you please post it here. Thanks.