Hello, So I look at the daily chart and if the price has hitted the stop loss price before the take profit price. I just take the stop loss and a loss for today? Is that it? I just have to look at hundreds of candles and see if the trend went my way?
yes that's right. If you have a chart, it is simple, you can draw the lines for stop loss and take profit. Then see at which points, they cut. Try the 5 or 15 minutes timeframe to narrow down.
Let's simplify his problem with a static OHLC candle. How does he know if it hit his profit target in the candle before it hit his stop loss in the candle? I mean, why would we need tick data for that?
Even simpler - and free too - check yahoo at the end of each trading day to see what the daily high and low were. And then say I think I entered near the low and exited near the high. Then start search for real estate agents with private island listings.