Recent content by protrader880

If you drew the line in on the daily, then use the same time frame for an entry. Don't use a lower time frame to gauge the move, meaning no, don't look for a retest on the 15 min unless the daily "confirms" the move or retest - lines aren't always respected. Most break, but also some act as...

technically he didn't crash the pound, it was going to crash anyways, he just made it 30 times worst lol

Lol becoming emotionless has nothing to do with being human - it's as simple as telling yourself to take a trade when you're emotions tell you not 2

lol i've been trading for 10 years i can tell you becoming emotionless is doable but takes time

With my strategy, once I am in in profit, I will move my stoploss to break even, meaning my trade will have zero risk. Once the trade continues to gain, I will continue to move my stoploss into the profits, meaning my risk will become my profit, does that make sense? email me if you have any...

An edge means you have a good strategy. Most strategies are shit because they have a negative edge meaning over 100 trades, you lose more trades than you win, or your risk reward is 1:1 or less than 1:1. A positive edge means your strike rate over 100 trades is more than 50 wins, or that your...

Exactly you have to be emotionless both in entry and exit, that's my point

The best risk about trading is a) working for yourself b) not having to stay apart of the rat race c) making a lot of money if you're good at what you do d) having more time to do the things you love e) not having a boss

Once you have developed a strategy, enter the trade once all aspects of your strategy are met. If your strategy has an edge it doesn't matter if you take a loss because over time, you'll always come up ahead. You have to become emotionless when entering trades. Always enter a trade once it has...

The problem with trading stocks is that you need high capital to make money on moves, unless you're trading penny stocks but to be completely honest penny stocks is a scam because it lacks liquidity meaning when you want to sell, you might not always find a buyer. You should consider trading...