Yoohoo's guide to becoming a great trader

Discussion in 'Technical Analysis' started by yoohoo, Nov 19, 2009.

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  1. For the sake of decent people here I will finish this trade rather than leave it without conclusion, but this is me finished with ET as it is not worthwhile.

    There is a great difference between knowing about the markets and knowing how to trade and the acid test is any day, any time, can you show the trade.

    The idea as I said is to be able to know where the major reversals are likely to occur and then take a high quality trade with a tight stop that has a huge RR ratio.

    The stop is seldom hit and in this case the standard stop I use is 5 pips for a trade that ran 150 pips. There were many excellent, well structured swings inside this move to provide a much bigger haul than 150 pips.

    Use the 5 Keys and you will develop your own unique method to win. If anyone can't show... they don't know.

    Good trading :)
     
    #141     Nov 26, 2009
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