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Gabe1213

542 Posts.

98

22/01/25

11:39

Post #: 77510233
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Originally posted by princey37: ↑

There's two ways this GC system can be approached IMO. 1st is the profit target, 2nd is the trend following system that will snag a few of the 3-5x trades. I'm personally drawn to the 2nd approach because I really dislike selling things that are going up, and I can't stomach the "buy the dip" mantra unless I have tight stops that get hit regularly.
Downsides of the 2nd is that they can take more than 6-12 months to play out, and some will get stopped out with only a small gain depending on the stop loss.

In an ideal world, I think these setups get traded using two seperate accounts, with profits from the 1st feeding into the 2nd, less volatile system (lower risk / smaller position sizing).

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Originally posted by W3hunter: ↑

Yep AZY for example no definite higher low and was only a channel tradeView attachment 6752169

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