brader, you got guts man, to pull it thru ..salute.. regards lengchai6
Hi LengChai6, Long time no chat! I exited again with a loss this morning. Both FKLI and FCPO are untradeable specially for trend traders. Based on the break out to trade, die hard! Thanks Abel
Bro, in a sideway market, we used to encounter such scenario, this is just part of the game. Anyway, is good that you can follow your trading plan with DISIPLINE, Good Luck!
hi Abel, yea man, had been tied up quite a bit... have u tried back testing 6 days Simple MA with 3 pts stop for FKLI... i wish i had that capability in chart or quantitative method to measure it... no time + no historical data :( ... vs. your 24 days... side mkt, some say use std dev. to trade... having say that, who can tell when mkt start treading sideways...like in cantonese, if we all know, there won't be beggars...:) take care... lengchai6
Thanks HandSome168. Hi LengChai6, Thank you for your suggestion. I will do the back testing and see if it works. Happy Labor Day, Abel