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I agree with your point on "how to use it". If you want to try a tool, put it on your charts and observe it's behavior vis a vis price behavior. If something pops out to you, test it.

Hope it doesn't spend all day consolidating again.

coming into the apex of the tri

finally

well at least at BE now...need two ticks for tgt

As a singles hitter, they have typically long since made, broke or scratched by now

lol, been long for an hour..

Pathetic range and pace today.

:D

Anybody see my unicorn?

I presume you were looking short prior resistance but as it looks like a bottom was in and price was consolidating for a breakout, I would have been looking for a long pivot entry. The long was of course good as a trend was well established. As to your question, if I have a valid signal, I like...

:thumbsup:

You could shift an equal number of those BE's into both W and L columns and given larger win size, you would net more ticks. I also do things manually but have a lot of historical trades.

I move my stop to BE at about 80% of target and my scratch experience is about 8% of trades and my wins about 10 percentage points higher than yours. I would look at holding a little longer before you pull risk.

Are you using targets, trailing stops..how do you manage your trades. The scratch number is high.

The only I could see this making sense is if you already knew how to trade and wanted someone else to screen for setups...which you would then know the why and how to trade them.

LL a book?? Seriously ?! HaHa... no doubt be part art, part science and all nonsense.

Yep...

Make sure you check the ingredients on your "protein powder". A lot of them are loaded with sugars and fats.

"Yeah, ya wanna get rich trading, it's easy, first you pick the tops and bottoms OK...."