Not everything in life distills down to pure mathematics. If our hypothetical Toronto Trader joined TST and found himself doing well and began...
It really doesn't matter what the price driver system is based on because it has a Lifetime Warranty!!! http://www.pricedrivers.com/
Suppose Toronto Trader has a fairly small personal trading account and is so fearful of making a costly error or of a black swan event when...
That depends on many factors, so I have no opinion on it.
"The Chimp Paradox" is excellent as well as another book called "The Power of Habit". Here are some excerpts from it:...
The sort of rules TST has in place are the sort of rules that make for a consistently profitable day trader. Day traders who move stops further...
Classic! I'm still guilty of doing that, especially if I have an order resting at some distant key S/R level and by the time price is almost there...
That's a nice gap and go setup. I probably wouldn't have gotten in at all because there wasn't a certain movement I look for prior to the run, but...
Because if a person is a consistently profitable trader they don't have the time nor inclination to trade demo so they can then trade your account...
I look at the latest valid signal that matches my trading plan (usually this has occurred within the last couple of 5-min price bars) and see if...
I'll take my pay from the market; the market writes no bad checks. :D
And dilute my secret edge???
Wait, wait, wait, wait, wait a minute! I can understand how indicators and market profile and depth are confusing and offer no edge whatsoever,...
1a2b3cppp once provided a concise and beautiful description of the experience of the aspiring trader, which covered the above perplexing...
[IMG] ;):D:p
Key word here is "practically". I trade at least three patterns that show an edge.
For the sake of definition, a trader who used volume analysis would not be a "pure" price action trader. Not that definitions or styles matter,...
A pure price action trader trades off key price levels. Nothing else is needed other than the ability to look at a chart and see prior levels that...
An edge (positive expectancy) can be derived through study of patterns. For example, if one were to buy or sell "yesterday's close" based on a...
"Experts" on ET seem to think anything's useless that doesn't provide guaranteed profits on every trade. These "experts" also seem to believe that...
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