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markets can be quite sneaky so it is difficult to know all the time what is going on.only experience can save you sometimes. What with pull backs becoming deeper and deeper until the Pb itself becomes the trend. that is why Brooks stresses market structure and Signal. BOTH. market structure...

but you cannot manage risk if you do not know market structure: risk management is TRADE MANAGEMENT

market action has to be understood so that panic does not set in and some incomprehensible things are done. if you do not know why you entered, then you will never know when you are wrong and if you do not know that, then you do not know, where the stop for that particular market condition and...

i think the aim in trading is not to make money. it is to stop losing it

incidentally this trading for 15 hours has not only burned my finances but also my eyes. my eyes are burning. money can be replenished not God's and Nature's gifts so i have to cut down on computer time: ET and trading and maybe TV as well. Cutting into porn time may be most difficult

boy this thread is getting ridiculous i have created a Frankenstein

ok i wont leave but spend less time here . thks mate

which was what @Gorgii @schizo was imploring me to do but doing taht with Brooks is far from easy. i have managed it and i am sure i will capitalize what Brooks lectured, into my revenue account in the bank. any accountants here ?

i finally managed to put all that rubbish that Brooks gifted so generously to us into some sort of summary and managed to tarns form that into a sort of versatile, and so, powerful, plan based on market structure and PA.

thanks you are on the ball. i thought you appointed him to teach us some of the more picturesque syntax of the English language. i thank @Overnight for that. i will follow your orders as i am sure everyone will. just having fun with my friend @Overnight

that is really true is it not. until you become a damn good trader than you are too busy... making money

this thread and my life in ET is officially ended. thanks for all the fun and the new vocabulary

i forgot to welcome you to our humble abode. it might just be YOUR humble abode.

YES i agree. i hope you requested others too... in particular one who i quoted. though i am not sure @Overnight considers it insulting language. i think he thinks he is using lovable language

i am doing fine considering that

i trade dead money .any problems

with late rates i am doing danm good

my broker is giving me rates 30 min late you heard @schizo

ok that goes into my memory bank i am learning english

the technical are the same but you do not have margin for error. i guess it because i have nothing better to do. but you have to be patient in American session there are no small bars or not many