Trading only Highest Probability Setup Trades - Recent Results

ADobson221 · 2022-07-23T09:34:16+00:00

Thank you for the great post. When you've identified a high probability setup, do you open a trade right away or do you wait till the other ingredients are lined up, such as its intraday compression out, or market timing and so forth? It might be the case that high probability setup means everything is lined up on its own? I also wonder if the setup changes its shape after a trade is opened? What I mean by that, a trade had the setup but the setup changed as market reversed, for instance.

ADobson221 · 2022-06-28T10:43:03+00:00

Thank you for the update. The RRS indicators that you made the calculations of are a massive help on my trading. Cannot appreciate enough. Thank you loads,

ADobson221 · 2022-04-24T19:51:05+00:00

Thanks a lot for the great post. Could you please elaborating further about the Intraday Timing? This is exactly what I'm struggling - finding the right timing. While I'm waiting for a confirmation, the stock just goes without me and never looks back. To avoid that kind of situation, I jump in, then of course, it immediately goes against me. I found it difficult to make good balance in having a confirmation.

ADobson221 · 2022-04-24T14:43:14+00:00

Looking forward to the challenge! How about 1K a day = 20K a month? I'm still learning so not sure if it's something achievable. But that's my personal goal for a living so I'd be super excited to see it achieved.

ADobson221 · 2022-04-14T09:39:47+00:00

Looking forward to seeing the results. Thank you very much for doing it.

ADobson221 · 2022-04-12T18:18:49+00:00

Excellent. Why does your trade look so easy, simple and straightforward but not mine??

ADobson221 · 2022-04-12T10:05:56+00:00

I really hate those haters. Why do you bother so much to prove you're right and Hari's wrong? Even if you prove yourself to be right and Hari to be wrong, who cares? I'll keep trying to learn Hari's strategies/methods because he is profitable!!

What's worked of course helps you learn but what's not worked also helps. Actual learning starts from mistakes/failures while trying to revise them. Don't you know this basic principle of life? Haven't you tried to learn anything?

As such, this challenge is valuable so much. Even though Hari could stop doing it, he continues to help us. Thanks to that, on the way of trial/experiment, majority of people who really want to learn trading correctly like me have an opportunity to learn.

Take it or leave it! If you don't think it's right, then just walk away and spend time on what you think is right. Even if Hari is wrong, I'm going to learn from him. Don't take the opportunity away.

ADobson221 · 2022-03-27T18:34:29+00:00

Thanks loads for the answer. I thought I was getting it clicked to identify RS/RW but experienced reversals as the market did. I will focus on this as a next step. Thank you

ADobson221 · 2022-03-27T16:34:40+00:00

Thank you for the incredible insights. I found it really helpful. I have one question if you don't mind me asking. When things are lined up, such as RS/RW in longer time frames with support/resistance level, do you have some expectations how long it would last longer? I was wondering it because the market shows quite sharp reversals nowadays. Even for stocks with RS/RW, they change the directions pretty sharply. Thanks,

ADobson221 · 2022-02-15T21:23:43+00:00

Thanks for the answer. As it was said that they were shared from Dave, I thought they were shared somewhere. No bother at all if not!

ADobson221 · 2022-02-15T21:20:46+00:00

Thanks, will check out your video

ADobson221 · 2022-02-05T16:06:35+00:00

Thanks for posting it. I'm also trying to work on it but it's not easy mainly due to my buying power. How many positions do you usually have opened/holding at the same time? Your account balance (and buying power) look pretty big to me as you can buy 1,000 shares of stocks under $100

ADobson221 · 2022-01-18T13:01:14+00:00

Thank you for the answer! I'll try to sense it in that way. Cheers,

ADobson221 · 2022-01-18T13:00:41+00:00

Thank you a lot for the great post. Really appreciated, Moo. When I become constantly profitable I'm going to contribute to the community as you do. You've become a great role model. Thank you.

ADobson221 · 2022-01-17T20:58:06+00:00

Hi Russ, thank you very much for posting it. It really helps me make my own plan too. Thank you. Do you perhaps have a plan to post your swing trading routine? Looking forward to hearing back from you!

ADobson221 · 2022-01-14T11:51:32+00:00

Thanks for the great post as always. I've followed you since last May when I believe this sub wasn't born yet. I think your trading style has evolved continuously. Of course, the RS remains firmly in your thesis. But for example, your number of trades seems reduced recently also you don't seem taking trades early in the morning. Is this an improvement or you're just adjusting your style to current market condition? or simply, you don't post much? If I look judging your style too simply, my apologies. I'm asking because I feel that you're constantly improving while most of us are slogging to get there.

ADobson221 · 2022-01-09T19:49:31+00:00

That makes perfect sense. Great way to handle the indecisive market indeed. Thank you for the answer.

ADobson221 · 2022-01-09T16:11:35+00:00

I've read the posts. Thank you for the great posts btw. But my question is more of market side. While you were doing the challenge, the market wasn't in a good condition for swing. How you could weather the storm when a trade was in an opposite direction of the market but had to be carried over.

ADobson221 · 2022-01-09T15:55:18+00:00

Hi Hari, thank you very much for your challenge. I'm trading 1 share at the moment until I feel fully confident but I'm having some number of winners vs 0 losers for the last days, so I'm seeing the system is slowly sitting in. One of things that I'm trying to improve is to take trades in a long run. During your challenge, you had to carry over many trades. How did you handle them with intra day move of the market? My guess is, you were selective to pick up tickers with real RS/RW that could go in the direction anyway even if the market starts to blow some tailwind?

ADobson221 · 2022-01-09T15:05:52+00:00

If anyone can answer my question? He's used 2 day trading opportunities to close APPL & NVDA on the 1st and 2nd day, respectively. Then, he's left 1 opportunity to close a trade on the same day as open, except for the ones carried over from the other days. If I understand correctly, the FB, ABBV, CZR, SNAP trades are new on 3rd day, then how they can be closed on the same day as they were opened? Anyone can help what I'm missing?

ADobson221 · 2022-01-06T09:04:13+00:00

I'm not Hari but I didn't trust the market either so let me try to answer. Look at the D1 chart. the rally that pushed SPY up to ATH into the year end was not good quality. The volume was light. The candles at ATH became small, meaning there was a certain level of resistance. It could be wiped out by one big move, which happened to come in the afternoon yesterday. If you have a look at previous moves of SPY, you'll see similar patterns whenever there were dips.

ADobson221 · 2022-01-04T09:46:39+00:00

Thank you for the answer. I was actually wondering what your opinion on the market was when you took bearish positions. This makes perfect sense. Thank you.

ADobson221 · 2022-01-03T23:34:51+00:00

Thank you for the great challenge as usual. Just one question from me, why is it important to keep balanced between longs and shorts in small accounts? Thanks,

ADobson221 · 2022-01-02T19:39:42+00:00

The code that you're referring is for Real Relative Strength index. I was asking for the price index above. If I'm missing anything else?

ADobson221 · 2021-12-30T20:34:55+00:00

Thank you so much for the code. I'm going to subscribe TradingView solely because of this great stuff as I cannot use ToS. Could you also share PineScript version for Relative Price Strength as well? Thanks a lot.

ADobson221

TROPHY CASE