What makes a setup “HIGH PROBABILITY” to you?

Discussion in 'Trading' started by iamnewuser911, Nov 11, 2017.

  1. Xela

    Xela


    I sometimes wish I could afford to do that.

    Do they all treat you equally? :confused:
     
    #11     Nov 12, 2017
    Piptaker likes this.
  2. FX xtc 2

    FX xtc 2

    For the most part ..yes. Occasionally I get into an argument with a trade.. invariably I'm at fault .. and we're not even married !
     
    #12     Nov 12, 2017
    Xela likes this.
  3. jl1575

    jl1575


    How fascinating! Thanks.
     
    Last edited: Nov 12, 2017
    #13     Nov 12, 2017
  4. qxr1011

    qxr1011

    :thumbsup:
     
    #14     Nov 13, 2017
  5. qxr1011

    qxr1011

    ===What makes a setup “HIGH PROBABILITY” to you?==

    all trades by the method are high probability trades, otherwise they would not be part of the method

    everything outside of the method - low probability trades (for me), so i do not do them :)


    what rules (setups) included in the method ? - only those which I determined do work most of the time

    how did i determined that? - Live+paper trading observations...

    eventually one sees (or at least I see ) repeating patterns..

    observing the patterns behavior one should eventually discern whats behind it, how and why they form the way they form, and based on that come to certain conclusions which in turn will define the rules of the method


    Xela is right - what really works should work in any instrument or time frame, any data (that's why those constant searchers here by many for true data are laughable)
     
    #15     Nov 13, 2017
    beginner66 and Xela like this.
  6. lcranston

    lcranston

    Those that are based on behavior: double tops/bottoms, higher lows, lower highs, retracements, reversals, etc
     
    #16     Nov 13, 2017
    Xela likes this.
  7. maxinger

    maxinger

    for some coaches, it means 100% accuracy trading system.
     
    #17     Nov 13, 2017
  8. I was thinking the same thing[extremes];
    especially from study of an old tek chart named EXTREME ....LOL. NOT a stock tip ;iamnew91its easier on an ETF like QQQ. On a single stock , have to look @ more than 91 things LOL. But since 2015 was a down year................................................................................... figuring today would be mostly down. So if it closes up again that tells me a lot, again :caution::thumbsup::D:cool:
     
    #18     Nov 13, 2017