Im still going full-force with entries using strong ema trends with consolidation breakouts, or no ema trends with 20 ema breaks. I think i could exit everything early if its a strong trend but market makes a large bar closing past 50 ema or if its no trend and market makes a large bar closing past 20 ema. If no trend then i probably should instantly trade the opposite direction. Basically, i still want to trade with strong market trends, or with market oscillations in no trends. Thats all market timing.
I have had several stop outs, but with individual stocks i am giving up sp500 futures stability for more volatility/potential for higher gains. If i were to feel really confident in timing the market, i might try trading futures again. long time ago i learned how much simpler it is to focus on futures alone, i only left cuz at the time i need more assets to filter through. It should equate to lower % gains but much easier. i favor easy. trading individual stocks i am always hoping that my gains will be much better than my losses so i gain overall, since i will usually have losses mixed in. i think i will also put on futures trades from now on when there is a setup. happy birthday dad.
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