074: John Walsh – Pocketing $100k From a Trading Comp, and Making Simplicity a Priority w/ the Black Cabbie Trader
Chat With Traders
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How to Use Trend Lines to Open a Position
I don't buy or sell when they bounce off a trend line channel. They're on their purely for lip service. But regarding entry or exit, I don't really use them. So the more they're just is sort of a loose guide. The night before, I look at where I need to, where the stop needs to be placed because I know where I'm going to get out before I even get in. Because I'm a day trader, and I hold for weeks and months,. If I get in and the markets, I've lost a couple of cents here or there, it's not the end of the world.
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