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I wish I had an answer for you.

deaddog, The charts is enough for me and I can barely be predictable with just that.

Tradex, Noone is going to spend decades of research and backtest to make money trading looking for patterns. Stop playing around man. Bills are due on the 1st on the month.

deaddog, I disagree. If back testing day to day there is no bias to what the markert will do 2 or 3 months from now. When manual backtesting day to day, don't look forward to the next day market conditions. The goal in back testing is XXX or 1 year of trading daily and evaluate results. The...

panzerman, I wish it was simply that easy.

I am unable to answer your question. I have No edge and I am currently a non profitable day trader for 2 years now. I will respond when I am a consistent profitable day trader for 2 years straight. Anyone responding to your message and have not made money for 2 years straight day trading is a...

Keep calling out the fakers and bullshitters Dazz. The trading industry needs you.

Dazz, good point comment

Thank you Volpri, I agree on the dynamic PA decision making after entry. Yes you make excellent sense. However, lately (well 95% of the time), I am slave to my projections. I been keeping my Risk = reward regardless of the PA dynamics after entering the trade. I do this as a way to gain more...

Thank you volpri, I am still learning the actual vs initial risk. For example, i took the trade at blue dot, initial stop at orange dot. Initial RR:1 target is at purple dot. After price goes in my favor, I change stop to yellow dot (actual risk) and new profit target at RR:1 at red dot...

Thank you volpri for the input, When you scalp, do you keep your RR = 1 or less than 1? Yes, I struggled a bit on the trade management part for while. Last year, I was trading like this: Risking $250 per trade to make $100. RR<1. It worked for awhile until I had like 4 losses in a roll. Then i...

Thanks volpri, I definitely agree with waiting of follow through on those breakouts. I have been burnt alot on that.

Hello Volpri, I always cherish your input. Thank you sir For that long trade, It does not matter where I entered, it would have been a lost any way and the stop loss hit before the profit target. I like to use bracket orders and set and forget it. First purple dot: low probability to enter...

Thank you trend2009, Well, no sense in bullshitting around. I am not making money, partially my own fault, still learning and grinding with it. It is best to be honest when giving opinions about trading to others.

Hello Amatrue, To me, price action is simply waking up in the morning, opening the chart, look for trend, or support or resistance. For instance, here. I just woke up, looks like trend is upward, price came to support, nice bullish bars, I enter long at green dot, profit target at purple dot...

Hello deaddog, You are 100% correct. I agree with everything you said. Good comment.

Hello Dazz, I been tracking a trailing vs fixed as well. What are your thoughts on keeping profit target the same as risk amount for 1RR trades?

Dazz, Very good post.

helpme_please, You ask a great question. Note: I am currently a non-profitable day trader still working hard to become consistently day trader profitable. Please take what I say below as my trading experience only. It is typical for traders to not risk more than 1% of their account balance...

savior, You are absolutely correct. It is the simplest and most effortless thing someone can do. If anyone ask me my PnL or to see my spreadsheet of data. I would simple login and click copy and paste and show. I took the time to ask the OP several business questions regarding his valuable...