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Hi Jeffrey,
May be I'm not so old as a trader as many others, but my approach is seems
to me clear, original, and effective....may be I should concern about STOPS
but then could anyone suggest me how effectively to place then, personnaly I
never know how to place them.....2 %, 5 %, 1 ATR or 2 ATR from entry point
?......I prefer to trade only best signals (filtered accordingly with my
experience using NP since 1994....I mean Pattern look confidence). I also
try to trade best daily signals that match with possible weekly reversal
too......isn't it "SPECULATION" ?.......when nobody wants something then
comes the speculator ?
About possible inflection point....my answer is simple: I trade only
non-ambigeous pattern......US stocks markets its 9000 stocks !...why should
I bother me with imprecises patterns......especially without using stops.
I tried same technique recently using PS but I've been unsuccessfull.....not
because of PS BUT probably because my inexperience with this promising
software from K.R. and ALSO because I shoulh probably use STOPS technique
with this one.....but then I'm still faced with the same problem.....I never
know where to put my stops ?
Proper use of NP let's you know if you should short or go
long.........user's manual was helpfull about that and furthermore all Pulse
Rate newsletter received during more than 4 yeard probably helped many
Nature's Pulse intensive users to get successfull.
The conclusion for me was clear: why should I trade something that is hard
to trade...
Are you an intensive Nature's Pulse user ? Is you are, I'm sure you conclude
it's a great product. Thanks to Ed. What's your best trading tool you are
using if it's not NP ? Since how long are you trading. If you trade futures
you must be better than me, since riskier.
I'd like to get some suggestions about STOPS system recommandations since I
intend also to be good using PS.....but my experience tell me that I must
use STOPS with this one. Because I've been confident using NP, I'm also
convince a priori that PS will also be a great product. For now PS give me
some hard time...<g>.
Best regards,
M.G.Major
OptionsGMTrading@xxxxxxxxx
Jeffrey wrote:
>
> Greetings All:
>
>Mr. Major, I gathered that 'most' of your trading signals come from NP, AND
you
>mentioned that you don't use stops when entering on these NPs signals.
Kindly
>explain to me HOW you JUSTIFY your entries???? HOW do you define a pivots?
How
>can you tell whether it's a pivot TOP or a pivot BOTTOM??? Let's say it's
>neither a top or a bottom pivot, it's a point of inflection, HOW do take
>advantage of this piece of information??? NP gives out signals, alright.
BUT
>it never tells you whether you should short or long that 'time clusters'.
As
>Tom mentioned, what other tools do you use to identify whether these time
>clusters are tops or bottoms or point of inflections?? Regards.
>
>Have a good one
>Jeff Harteam
>Hong Kong
>
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