I watched the video and saw such videos before too. Posted for those who haven’t. I got burned by this so many times even though I know it. :banghead:
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If one can predict/see a real trend in real time (not in hindsight) that’s a tremendous edge. All theories are useless.
Good for you! I try to remain positive after a big loss. No sushi from Japan though.
LOL this happened to me so many times as if the market knows exactly what you’re trying to do.
I have built a few templates in TOS, such as stop at 1 unit ($) and target at 2 units ($) and stop at 0.5 unit and target at 1 unit, etc. Usually,...
This is very common in trading. I have battled with taking losses for a long time and finally decided to use preset a hard stop for every trade...
This morning I sensed AMD weakness and shorted around 10:30am but got out during the subsequent volatile bars with only a small profit. [ATTACH]
I use 5-min candles and 1-3 mins line charts. Any more candles than 5-min are too much for my eyes. The lower time frame lines give me more...
I think it’s either momentum play or reversal play depending on your perception of the market/price trajectory at that time.
It doesn’t happen every day but if you recognize it in real time when it happens you got a significant edge.
How do I dislike? :sneaky:
Candles definitely provide more price info. Using both gives you an even more complete picture.
Well market doesn’t go technically as we wish. :D
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