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successful traders are survivors. if you survive something you become stronger

what does Brooks say, basically, in a few lines. if it is a strong range then H2, L2 are high probability fades. if it is a strong trend then H2, L2 are high probability with trend trades. so market condition is more important than set ups. now since the market spends a lot of time in...

i registered but no invite

i can have 3 live accounts:finger:

i am not sure about that. then i have to make more

how on earth do i split 16 usd into 2 or more days?

yes that is the catch 22 is it not? wait for an entry and risk missing the move

i'd like to... not yours but some pretty female's

never take first counter trend entries: those will fail; fade them! if you follow this simple rule you will avoid half your losses and keep an eye on momentum.... only think of reversals after there has been a range since that means the counter trend traders have been able to hold the market...

brooks confused me so much that i forgot the trader's bread and butter: break outs and even better failed breakouts.. the latter traps traders

in losing

if you want the simplest strategy trade breakouts and scalp out. when a bar closes put a top above /below the high/low and scalp out for a point. rinse and repeat. and failed breakouts

better to trade the simple obvious stuff. i mean this bar by bar stuff is not necessary ... put a stop and chill out. some basic market common sense is enough

what ever works for you thanks for your best wishes.

the simple answer is that there are no simple answers and since traders want simple answers, they abhor the truth and so abhor Brooks. or, to put in other words, traders all want easy money, without working for either skill attainment or trade mastery or market understanding. do you want to be...

one of the major characteristics of a trending market is the failure of wedges. one of the best ways to enter a trend is to assume that any wedge will fail or that any reversal pattern will turn into a correction when the reversal pattern fails.

Brooks observation of gaps is a brilliant one. it shows when the market is changing from a trending market to a ranging market. this transition if not noticed -and most traders have hell with this transition- is the reason for most of the bad trades traders make. this simple observation in...

i am no option expert but what i would suggest is look at out of money puts and out of money calls. if out of money calls have larger OI than in the money calls then you can deduce two things -one somebody has bought calls and somebody has written calls. so now if GS has bought calls -and you...

yes after it falls below 10 wait and then co relate market volatility with market movement. one thing i have seen is that tops in market volatility or tops in market transactions/volume is easily exceeded in the short term. so expect the VIX to break above ....50. shit man i am talking like...

my biggest problem - and i suspect every trader's problem- is to know, define and recognize a normal market, which can be traded. and if such a market cannot be recognized, then how can anyone a recognize an abnormal untradeable market? so that an attempt is not made to trade such a market.