hedge against longs

    Posted by rockee on 31st of Oct 2014 at 11:43 am

    I remember you saying in newsletters it was o/k to hedge and that is what I did . i am not as quick with the trigger as you and Matt. I am net long  as per you advice since bounce started. sorry for all this but as subscriber just asking your opinion

    that's what makes trading not

    Posted by matt on 31st of Oct 2014 at 11:53 am

    that's what makes trading not tough, what helps is experience and of course having your plan laid out vs willy nilly going about it every day reacting emotionally to it.  If you are playing the short term setups, it should not matter what the market is doing here.  If you are trying to hold market ETF's for major moves, then your plan would be different.  Lots of ways to skin this cat, Steve's tutorial method gave a nice long trigger basically one day off the lows and would have kept you in long almost the whole way up.  Could you have hedged sure, could you not have, sure, either way is fine.  That wave B thing, was a viable option near the lows, and a good way up.  I know guys who also hold something based on the BPT MA Deluxe as well

    here's a link to the 2 recorded tutorials we have, I suggest taking the weekend and watching these, watch several times. One of them is 5 1/2 hrs long, so you will need to dedicate the time!  Also I suggest marking up charts in real time while you watch it.  Also you will need a big monitor.  Again don't beat yourself up if you were short a few things near resistance, some areas were fine to take a shot at.  The markets generally don't move like this either, take a deep breath, get a plan, watch those tutorials, and get a game plan going forward

    CLICK HERE for the Tutorials

    Also  here's a 25 min

    Posted by matt on 31st of Oct 2014 at 11:55 am
    Also  here's a 25 min video I made last January which shows how to Trade ES futures on a 15 min time frame using these tutorial concepts.  I've since refined this more but will give you an idea, can use those concepts on any time frame,
     
    CLICK HERE  to watch the video

    Matt - that appears to

    Posted by varmercur on 31st of Oct 2014 at 11:57 am

    Matt - that appears to be the wrong link for the ES futures video - can you try again please?

    Great - now it works! :)

    try it again, I edited

    Posted by matt on 31st of Oct 2014 at 11:59 am

    try it again, I edited the post

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