Question about first steps to take

Discussion in 'Trading' started by DichaelMugless, Aug 16, 2019.

  1. Thank you all for taking the time to respond.
     
    #31     Aug 23, 2019
  2. birdman

    birdman

    Handle - If i recall correctly, you have said that you most often scalp for 2 or 3 cents. Let me ask ... on those trades, what is your risk / reward ratio? Or said another way, if you have a 3 cent target, where is your stop? Thank you sir!
     
    #32     Sep 11, 2019
  3. birdman

    birdman

    @ Handle ... here we are. I found your comment, where you say ... "First couple hours of day session, 4 ticks just too tight, some entries can work well on it, but same entry might go 6-7 ticks and turn around and become a profitable trade whereas one is on sidelines with more to recover."

    First 90 minutes is plenty for me.
     
    #33     Sep 11, 2019
  4. Any person need to find what works for him. Because of that it probably will not be a 'fast way'... I recommend starting in learnin TA and the psychology of trading. Then to learn price action. You should check out Bookmap. It's a good tool to learn about price action and the ways big hands works in the markets.
     
    #34     Sep 15, 2019