Mega-Trends To Get Rich Quick, page-64

  1. 2,519 Posts.
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    I'm a lot more comfortable with FA given my background and was looking to TA for an entry.

    I haven't had a lot of time to spend on this until the past months and then have been quite distracted but my strong FA was of equities continuing up because of trend, cheap money, global growth, US tax cuts etc.

    Haven't quite figured out how to find that entry and develop a reasonable RR and trade management. But it feels I'm getting closer although not quite there.

    You're right there's lots of false positives even looking at a 10EMA signal but with a strongly trending market at least in the Dow Jones it was really just about a bigger SL and probably pyramiding into the trade to ride the wave. It would have worked this time but probably not the next time. All part of the process though even if we didn't ride this wave

    Appreciated this thread and your posts and hopefully we catch a big wave up or down in 2018!
 
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