Wednesday, September 14, 2005

Is it really this difficult

Suddenly the Sidewinder is again in every mouth after it disappeared for a while from the chat and blogs I follow.

But what is the Sidewinder? It’s a green light to take a ZLR. Simple as that.

So your Trading Plan says:
I take a Long, if the CCI hooks up from around the zeroline and the Sidewinder is green.
I take a Short, if the CCI hooks down from the zeroline and the Sidewinder is green.

The Sidewinder is a filter in your Trading Plan, keeping you out of “bad ZLR’s” or better ZLR’s with a lower probability to succeed.

Now let’s ask the 100.000$ question: Which ZLR’s have a lower probability to succeed?

… Yes, you will have to do your homework yourself. So print-out a few days of the contract you trade and mark-up all the ZLR’s you see.

(You wouldn’t believe it anyway, if I told you, that the Sidewinder is just telling you the obvious.)


tradingscoop said...

New blog and live trading room created!

POOF: You all are mods! You are all loved! We value you and all that you do!

Come join the paltalk room for live 24/7 trading scoop, share information, complain or brag about your favorite trading room and make new friends!

Tell us how you trade no matter what you use. Tell us what you know about your favorite moderator! What is the scoop of the day?

No excessive posting will be tolerated. However, any opinions and facts expressed are welcome. Make sure you let others tell their side of the story too so we can all enjoy!

Thank you,


Dr Bing said...

does posting pics of large contracts traded mean you are a great trader? or mean that you make money over time? i need to know how rate a trader that i want to invest in his software. he won't post live over a given period. how do we determine if a trader is great or his software is worth buying.