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Risepoint1879, Here is a today's intraday chart. the light blue section is premarket. There is not much of a difference. When you wake up in the morning and see your chart, look for opportunities to make money. ALL the bars from premarket to after market opens matters. It tells you where...

volpri, Question for you. Do you consider risk vs reward on every trade? For example, there are times where I observe my risk is 25 ticks but my potential profit target is 8 ticks. My risk and reward varies day to day.

Risepoint1879, Just because there is greater volume does not mean there will have greater direction. Sometimes after 9:30 the bars have no directions, back and forward. 8:30 to 9:30 is valid trading times if there is a trader setup present. To me, its all about looking for the opportunity to...

GrowleyMonster, Good questions. I have the motto of "Put the stop where it needs to be, not where I want it to be". I put my stop loss at a place where if I my bet is wrong, it BETTER be wrong. I want to see price go the other way. I HATE fake stop outs. I do not put a dollar sign on my stop...

You're welcome sir

padutrader, Good question. This is what happen later. Volpri recommended stop loss locations was not touched. Placing the stop loss below the big breakout bar was an optimum location for this trade.

I think you mean buying above a strong bull bar, right? The trade entry was good, stop loss wrong place, and too much risk.

Hello volpri, Thanks for the write up, its well appreciate it. I agree with you, and that is why I am still in SIM practicing and practicing and studying. I have capital to trade live, but it reserve til I am ready. You are right about that emotional issue when trading live, those emotions...

volpri, Thanks for the response and I agree with you. My SL was the orange arrow below the breakout level, so that even if a PB occured, the chances are buyers will enter on the breakout support level. That did not happen and I was stopped out. For such a large uncommon BO bar like that one...

padutrader, Yes I agree with you, here is that example you mentioned above. I took this trade this morning, entered at the high of that big green bar expecting more buying upwards. It did not work this time and I take a loss. Am I upset, mad, or disappointed. Nope, I can't be mad when buying...

padutrader, Thanks for the demostration and I agree.

The blue arrows on the chart below is my long entry and pink is my stop loss The green arrow is my short and purple is my stop loss. Notice when price going down and hit those emas lines (support), buyers made no attempt to step in here on the next 5 min bar. So take the risk price will...

Risepoint1879, No it does not mean less. A candle pre market has no different then a candle after market. I trade the pre market if an oppurtunity presents its self, only. But I do not over do it beacuse I know more volumne comes once the market opens. If I have a loss in the pre market, I...

dozu888, .....you forgot AND Making Money. Whatever you choose to call the day session, don't forget the making money part.

dozu888, Stop the bullshitting around. It's common sense for an adult to get a job and invest their money as early as possible. Everyone should be doing this already. Everyone knows to find a job. Stop the Bullshit man This forum is about trading and making ALOT of money taking abnormal risk...

dozu888, Don't get in the way of what someone might be passionate about.

Do not show him directly your way of trading to make money Give him the tools and time as you suggested to learn his own way. Let him go study and practice. He may see his own style of trading. This way in a year, you both can share money making ideas with each other. His trading experience...

Well wait for a recession and buy more. Otherwise, let the bull run. Keep it simple man.

Why you want to get out for?

Here4money, Stop hating on the bull run man. Let that bull run, and let it makes us some money man.