Gotta go to bed. I need more than 4 hours sleep. It is 1:14 a.m. here. I need at least 5 or 6 hours sleep. Happy trading
you can happily have an RR 1:0.5 or even 1:0.3 , if probability was 100%. that is the very rational for scalping . without this holy trio, scalping would be insanity
Easier said than done. So what's your next move then? You gonna go long or short? What's your probability this time around? To simplify the process, I even drew in the channel lines for ya.
I like to say few things which Padu might not like. 1) Burn the Al Brooks books 2) Stop trading the US markets 3) Swing trade Indian stocks Stop dreaming about making millions trading the US markets and start making a living trading the Indian market.
dont tell me what underwear to wear, who to marry and talk to and where i should trade i will settle for 1000 usd Of course i dont like it to swing trade the Indian markets you need min 100,000 usd. i make do with 49 usd a month i burned his books a long time back but i follow his methodology. those books are in Chinese so it took me 20 years to understand them
my next move is neither it is beer and lunch and nap evening i may play around with the sim account in US markets. tomorrow i get real serious and focussed. i am not posting any trades or even reading any posts today market was really tradeable almost from the open at 5 am CDT 100% on the ball THERE IS MONEY TO BE MADE LETS DO IT