Is it must be more complicated then that ??

Discussion in 'Trading' started by Leob, Dec 22, 2021.

  1. Leob

    Leob

    TP?? SL??
    Don't know what it is..
     
    #31     Dec 24, 2021
    naturecumforexlover likes this.
  2. TP= Take profit, time when you quit the market with profit
    SL= Stop loss, time when you quit the market without getting any profit
     
    #32     Dec 24, 2021
    Axon likes this.
  3. easymon1

    easymon1

    Yes, and that Is in fact the one you sent.

    The follow-up to that was:
    Have you any opinions / ideas on this one?
    Up/Down Volume Difference Bars (UDVDB)
    https://www.sierrachart.com/index.p...hp&ID=454&Name=Up_Down_Volume_Difference_Bars

    When you have some time you might look at it.

    How bout posting a chart showing how yours looks with whichever version you currently have on tap. Don't even care if there's an entry signal or not. Don't give a shit about any edge. Each trader develops their own. Just want to get an idea of what you're working with in a visual format. Thanks for the https://www.sierrachart.com/index.php?page=doc/StudiesReference.php&ID=315&Name=Up_Down_Volume_Ratio
     
    #33     Dec 24, 2021
    Leob likes this.
  4. Leob

    Leob

    upload_2021-12-24_18-14-45.png
     
    #34     Dec 24, 2021
  5. easymon1

    easymon1

    Does this mean that you'll not be posting any images of your charts?
     
    #35     Dec 24, 2021
  6. Yes sir. The trading idea always sounds good until backtested.
     
    #36     Dec 24, 2021
    naturecumforexlover likes this.
  7. Exactly, crabs looks beautiful on plate until not tasted!
     
    #37     Dec 27, 2021