Still driving the 5.3, gotta be able to pull the trailer. I had it so loaded up with hay today it wasn't funny. I had 70 bales and my trucks rear was 4 inches from the ground. But I got home and dropped it at the end of the driveway.
That's funny my dad plays 1:1 no margin. I am not in that boat yet
I still say the more the better. That's how it works in Real Estate you must use OPM (other peoples money). The more of thier money you use, the less of yours you use, so when you profit you exponentially multiply your money.
And can spread it around on all sorts of Real Estate deal or whatever.
You will profit the quickest by maximizing your leverage. I will bet you this is what they teach at Harvard Business School. I heard the school now makes 8 billion a year in tax free interest on thier 46billion in endowments or something. They have the largest amount of endowmwents than ANY other school in the USA.
I use SMA, ema is the wrong product for what you are using it for.
And I prefer the numbers a fib numbers not meaningless psychological numbers like 50 100 200 BAH. 21 34 55 89 and so on 268
I am not saying what you are suggesting wont work some of the time.
Millions of folks are doing the SAME thing, SMA's crossing.
Quote:
Originally Posted by mytwopips
I still think you have a good concept of your strategy. I just like my idea of waiting until the 50 ema is about 100 pips below the 200 ema, and price is about 100 pips below the 50 and looking to make like a pinbar. Do this on the 15m (with magnification all the way out) so you get more setups about once or twice a week. This doesn't mean you only trade once or twice a week. This means you start the series that often. In theory, you could never stop trading this and always be in action.
Then you will need an ultimate exit point for all trades, not really a stop but bailout. Also the no stop loss rule for this pair will require a true leverage of around 1:1 or 2:1 if you must. This will require a large account size to get any decent rewards for when those swings are not so wild.
I looked back about a year on this pair and seen that this blow out can happen around once every two months. Yes in theory the blowout will never occur if you can keep the funding. But in the real world, funds do run out. If this pair shoots back around 210 I will absolutely feel broken for you guys.
And Yes, gas sucks!!!! I own a nice GMC 6.0L Vortec that I do not even drive anymore. It's retarded to spend 50-60 bucks a day driving when I can fill up my 4 banger chick car with gas all week on that.
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