thederektaylor

"The most important rule is to hold on to your winners and cut your losers. Both are equally important. If you don't stay with your winners, you are not going to be able to pay for the losers."

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juin
juin Dec 07, 15 11:29 PM

Great but without an edge it all worthless. So far the only edge I found is to be able to short in after-pre market. But your broker must available shares to short which mine never does so I opt out this rigged game.

juin
juin Dec 07, 15 11:30 PM

and the people who will tell me that suretraders has the sahres to short are wrong, suretrader are a fraud and soon will be out the map.

thederektaylor
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thederektaylor Dec 08, 15 8:03 AM

Thank you all for your kind comments. Now @juin, there are countless edges that exist if you're willing to study and research, both long and short. I would avoid trading outside market hours until you gain more experience. Most importantly, before you can win you must first have a winning attitude. Your negativity may be blinding you to opportunities. I agree Suretrader is garbage, but there are other brokers. Future millionaires are bigger than their problems. I wish you the best.

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nickMO
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nickMO Dec 27, 15 7:30 PM

Just read all of these...Awesome dude! I like the way you trade, charts are very informative and creative as well. Thank you for posting this. How many days do you usually set your ATR to?

thederektaylor
thederektaylor Dec 27, 15 8:26 PM

Hey @nickMO, thanks for the comment! Really appreciate your great feedback. The ATR is usually 14 days. It's a general guide for finding volatility, but some parabolics may have a low ATR because they barely moved in the weeks beforehand. I've found the best plays are at least >0.25 and ideally >0.50.

nickMO
nickMO Dec 27, 15 8:37 PM

Great thanks Derek that helps for sure. Keep up the good stuff

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