Ha Ha The one thing we can control is ourselves.
Hi TM, There is only one thing that we can control.. Is that right? Thanks.
S = size C = charts Random ............ ............ ... ......... ... .......... .... ..... .........
The Obvious pre-requisite to trading any market is to understand the basics of how that particular market works.
Everything has a beginning, middle and an end.. isn't it? :) I saw a lot of thanks flying around and felt that this thread is coming to an end....
I get a feeling this thread is coming to an end, and so an heartfelt THANK YOU TO TE RN et al...
I believe this is a puzzle that can be solved, but it requires thinking right. Hmm...
The Obvious is not so obvious because The adult mind seeks safety in a crowd and does what the majority does and gets what the majority gets.
The stops seem to be so near, so risk was low. May be that's not the way to look for entries.
Ok, Long makes sense now. Thanks RN.
Hi RN, If we need to risk as low as possible, then should the entries be trying to catch the lows and highs? Or is the stoploss very very close...
Yes, Short. Its tempting to go long, but i think short would be profitable.
So we must be very clear about the R/R ratio in our minds before we enter a trade. And as per the R/R increase positions until target achieved....
Sorry forgot to specify long or short. Short is a low risk and can be entered on next bar.
Low risk, can enter on next bar.
Enter small, if trade fails, lose small. When trade wins, increase position and win big. Always keep losses small, always.
When the price stops moving, it stays there for a while and reverses. Sometimes it also continues on its way up. I'm not sure on this one.
Ok, will think more on this one. Thanks.
Sell the high since the price has stopped moving, and in all probability might begin to come down. But you never know.
Because we don't know which way it will break out and so will be wasting time until price moves up or down. So we buy when price moves up and sell...
Separate names with a comma.