Originally Posted by Beijin
I've given this a lot of thought, and I've decided not to hijack this thread by distorting the original MG99 Methodology. Discussing how this methodology can be changed, or combined with other techniques, would amount to hijacking the thread --- especially if those techniques involve indicators, which violate the basic concept presented in this thread.
Originally Posted by Clint
Shawn (Mastergunner99) has built this methodology on ---
finding trend-following swing trades on naked charts
--- and I think we should leave it that way.
The things I have added into the methodology, in my own trading, are not necessary for trading it successfully. In fact, those things could make it more difficult for new traders to master the methodology in its simplest form.
From some of the comments appearing in this thread, it's apparent that many new traders struggle with (1) identifying trends early enough to capture trend-following opportunities, (2) entering trades at levels which minimize large early draw-downs, and (3) managing open positions to optimize exits.
Those things are basic to successfully navigating individual swing trades, without regard to any portfolio considerations. I've said before, and it bears repeating, that successfully trading a portfolio of swing-trade positions depends first on being able to successfully trade individual swing-trade positions.