riff rat, you are one of the most obnoxious trolls who has ever posted on the internet. I don't know who you think you are fooling. But everyone knows you are a loser who thinks you have it figured out. If winning was so easy we would all have it figured out. I can just give you a few helpful hints that have kept me a jaws length away. It's no skin off my nose, since as soon as you start doing it, I will probably be doing something else. but the dogmatic crap you post makes you look even more pathetic than you actually are why don't you try to learn something? You are going to need it if you want to stay alive. And you'd be surprised where you can learn it from I have learned a lot watching calmeuro trader
Since the start of this journal, How many trades have you taken and what percentage of your profit has gone to costs, spread and/or commission? I'd be interested to know based on the smaller TF's you use. I would calculate it out if you haven't already. It's good to be aware of spread+costs vs your trading range.
oldtime... instead of uttering insult after insult toward me... care to point out exactly what in my post you referenced that you feel is not relevant... or is in error? In addition-- I would like to know specifically what you feel is obnoxious exactly...? I am trying to help this OP here... it seems you get awfully defensive very easy... that typically means it has to do with the fact I am recommending something that you aren't doing... is this the case again? If not.. then what? Be objective and to the point.. on topic... instead of hurling personal attacks toward me.
OK... thanks for the clarification... and I hear you.. we all fall astray from our plan at times... what is key is realizing when it happens and doing everything we can to avoid it again.
Well.... it depends on what exactly your conflicting signals are... and what the net result is over a number of trades relative to win/loss ratio, profit factor and expectancy. If the numbers aren't favorable... then yes I would recommend skipping the trade. You basically want to have clear and specific rules identified in your trade plan and then live by them. What I am suggesting is instead of using "signals" on the shorter time frame... do the reverse--- get your signals from the larger time frame... and then fine tune your entry based on the smaller time frame... correct me if I am wrong-- but what you described in the above post is the opposite. If your signals are based on the larger timeframe-- you add to your probabilities of a successful trade... going to the smaller time frame for entry simply helps reduce your risk even further. Does this make sense?
you're a very smart man, and have a very sharp mind, I have no problem with you that way, You Gotta Have Wa
Evidently I'm not that smart or sharp.. cuz u have totally lost me with that comment lol "You Gotta Have Wa".... ?????