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Some bring that up. They say you didn’t catch the whole move higher Yes, I usually don’t because because I’m Only looking to make winning trades. Looking for sure set ups. Not looking to take risks. Traders that do that lose a lot.

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Trey Money

@TreyTrader

Oct 15

Replying to @MasterBJones

Studying. Question though. Thursday when the S&P gave the buy signal it had already ran up 100 or so points by the time it crossed the 50 sma. Do you ever worry that you’d be chasing by buying after it’s already up so much on the day? Thanks man!

6:27 PM · Oct 15, 2022Twitter Web App

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I did that and lost on the reversal lol. Learning moment…

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and

Learning about stop losses (and where to place them) helps a lot

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Question Brian - of course just a prediction, how much of a rally run do you see going into end of year ? Possible run to 4000?

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Thank you for the response! I really appreciate it and it makes sense. Would you ever consider playing the rejection of the 50 sma?

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Overall I like masters answer to keep it simple, lots of consistent wins are better then 50/50 or worse trades. It’s a scalable way of trading with less risk. As you get good, scale larger size but ALWAYS stick to the same plan.

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