Who Here Trades Like a Sniper?

Eddiefl · Nov 12, 2010

Quote from TraderZz:

I've been around ET for quite a while and noticed many types of traders.

I won't go through all of them - I'll get to my point quick.

There are many here who day in day out do very well with extracting moves with minimum risk flowing with price from level to level.

Who here is a less active trader who snipes for his pray? I've recently cut down on my trade frequency by targeting a minimum 3 profit factor (hypothetical as I adapt to PA) for all my setups. The result has been increased expectancy.

I know many say trade every setup with positive expectancy and there are great examples of that. At the same time, by picking and choosing with a UNBIASED filter that does not exclude more winning trades than losing trades, one can get to an easier place where DDs are shallower, less trades are taken, one prepares for the future which for me is to personally reduce day trading to a very minimum.

Just starting a discussion. I am sure theres got to be some people in here that do this as well although it seems filtering trades is generally looked down upon by the PA guys here.
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+1, i trade like a sniper... wait and wait, let them cme to you. Dont go chasing.

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Who Here Trades Like a Sniper?

Eddiefl