Comments on: Fear, Hope, & Pride http://www.wilytrader.com/fear-hope-pride/ One analyst's blog offering investment analysis and trading tips Tue, 24 Jan 2012 01:43:16 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: An Ironic Moment from the Michigan GOP Debate http://www.wilytrader.com/fear-hope-pride/comment-page-1/#comment-677691 An Ironic Moment from the Michigan GOP Debate Sun, 13 Nov 2011 18:41:26 +0000 http://www.wilytrader.com/fear-hope-pride/#comment-677691 <strong>Unhelpfully, Ron Paul suggested...</strong> there were really five agencies he should cut. And then someone did try to help him, and this to me was the most memorable moment of the evening. From somewhere on the panel, a voice reached out to the struggling Texan, a suggestion that might help Per... Unhelpfully, Ron Paul suggested…

there were really five agencies he should cut. And then someone did try to help him, and this to me was the most memorable moment of the evening. From somewhere on the panel, a voice reached out to the struggling Texan, a suggestion that might help Per…

]]> By: Jason http://www.wilytrader.com/fear-hope-pride/comment-page-1/#comment-2649 Jason Wed, 27 Sep 2006 02:37:36 +0000 http://www.wilytrader.com/fear-hope-pride/#comment-2649 Leont, In day trading I play trading ranges & breakouts very very carefully as fakeouts are much more easily manipulated and frequent. When I am referring to an "Inadequate Breakout" it is really my catchall term for "There wasn't enough here to warrant the entry I took" (Be it a breakout, channel breakdown, divergence, fade, etc...) Volume is important when dealing with any move and can be very telling. In my swing trade analysis it plays a much bigger role than in my day trading but it comes into play later on in the process as I do a Top Down approach (Market-->Sector-->Stocks-->Setups(of which volume plays a role). My plan to solving the problems I face involves seeing where and why I am making plays that run counter to my trading plan. What I'm often noticing is that I am becoming myopic in my view of a particular indicator to the neglect of others...Almost all of my worst entries have this common denominator. But given enough awareness, time, and effort, I'm confident all of these hurdles can and will be overcome. Leont,

In day trading I play trading ranges & breakouts very very carefully as fakeouts are much more easily manipulated and frequent. When I am referring to an “Inadequate Breakout” it is really my catchall term for “There wasn’t enough here to warrant the entry I took” (Be it a breakout, channel breakdown, divergence, fade, etc…)

Volume is important when dealing with any move and can be very telling. In my swing trade analysis it plays a much bigger role than in my day trading but it comes into play later on in the process as I do a Top Down approach (Market–>Sector–>Stocks–>Setups(of which volume plays a role).

My plan to solving the problems I face involves seeing where and why I am making plays that run counter to my trading plan. What I’m often noticing is that I am becoming myopic in my view of a particular indicator to the neglect of others…Almost all of my worst entries have this common denominator. But given enough awareness, time, and effort, I’m confident all of these hurdles can and will be overcome.

]]> By: leont http://www.wilytrader.com/fear-hope-pride/comment-page-1/#comment-2647 leont Tue, 26 Sep 2006 22:33:54 +0000 http://www.wilytrader.com/fear-hope-pride/#comment-2647 in the hope of finding a solution to our common problems. have you researched the possibility of adding a volume filter to breakouts?. on daily charts ibd has its 1.5 normal value criteria. in daytrading there must be an equivalent. lbr talks in terms of volatility and of selecting those stocks which have been "annointed" during the present quarter. also seasonality plays a part. i find the same problem with breakouts as you do. i have pondered how trader x can wait until a fib extention is reached, it does not work for me, the midpoint, is more often reached. i'm curious to find out how you intend to solve that problem, in today's markets. we are reaching a 5 and a half year high and follow through is nowhere to be seen. something is amiss. wish i had the answer. in the hope of finding a solution to our common problems. have you researched the possibility of adding a volume filter to breakouts?. on daily charts ibd has its 1.5 normal value criteria. in daytrading there must be an equivalent. lbr talks in terms of volatility and of selecting those stocks which have been “annointed” during the present quarter. also seasonality plays a part. i find the same problem with breakouts as you do. i have pondered how trader x can wait until a fib extention is reached, it does not work for me, the midpoint, is more often reached. i’m curious to find out how you intend to solve that problem, in today’s markets. we are reaching a 5 and a half year high and follow through is nowhere to be seen. something is amiss. wish i had the answer.

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