Search results

  1. SimpleMeLike

    Rewind Back 15 Years

    Please explain what you mean by you want to know what the market is doing? What do you mean by this? Does this mean know what it's doing now, 1hour, daily? Please explain in detail. Because if you are a scalper, imo you want be in the trade for more than 15 minutes
  2. SimpleMeLike

    Rewind Back 15 Years

    So why do you care if the marker is manipulated? What difference those it makes? basically , you can spend a lot of time studying market manipulation and not make money. Or spend the time reading and observing your 5 minutes chart for entries and existing. You only have 1 brain and you can...
  3. SimpleMeLike

    Rewind Back 15 Years

    padutrader, Did Al Brooks mention the markert was manipulated? I think us retail traders have limited resources and should trade what we see. I think us retail traders should practice in real time what we belive will make money. Constantly manage the trade. Use our experience to control our...
  4. SimpleMeLike

    Rewind Back 15 Years

    What does overtrading mean?
  5. SimpleMeLike

    Rewind Back 15 Years

    padutrader, My name is Al Brooks. Do you have some questions for me sir?
  6. SimpleMeLike

    Rewind Back 15 Years

    charts should be the only thing we talk about.
  7. SimpleMeLike

    Is there anyone here who is self-taught, consistently profitable and confident of continued success?

    How else can someone get better at trading without hingsight trading and trading discussion and discussing ideas? We have to hindsight trade.
  8. SimpleMeLike

    Rewind Back 15 Years

    I agree with the short here is a well. As I pointed on in the chart, the important thing about this trade is trade management, because a trader would have instantly exited after seeing the big buyer bull. But, I always expect retrace after entry and I use the retrace to reduce my risk. In this...
  9. SimpleMeLike

    Is there anyone here who is self-taught, consistently profitable and confident of continued success?

    Thanks volpri, I understand what you are saying here. Basically since 80% of breakouts fail in a range, just buy bottom and sell stops because the probability of win is high. For example, if I just blindly (no waitiing for rejection bar) place limit sell and or buy orders at those support and...
  10. SimpleMeLike

    Rewind Back 15 Years

    padutrader, I was wrong, you are right. price came to a trendline, so no I would not be taking the short there. I have been burnt Many times, not drawing those trendlines and payint attention to them. If trendline was not there, I would have taken that short trade.
  11. SimpleMeLike

    Rewind Back 15 Years

    padutrader, Ok yes, I agree. After drawing the trendline, no I would have not taken the bottom short. I would have had to Wait for price to break the trendline. So yes, I agree with you. My buy entry is now the blue arrow. But if that trendline was not in the way, I would have taken that...
  12. SimpleMeLike

    Rewind Back 15 Years

    padutrader, Read what volpri has to say sir. He is good price action logical trader. I read his post weeks ago and because of him, I am reduce my risks on trades and I now mange my risk and winners after entry. I learned about acutal risk vs inital risk from him. No longer do I set profit...
  13. SimpleMeLike

    Rewind Back 15 Years

    padutrader, Don't worry about all the what the market does do or does not do. All that talk is just fairy tale. Trade the price action, read it, and react. All that fairy tale stuff do is clogged the brain up while getting ready to take the trade and makes us hesitate to pull the trigger...
  14. SimpleMeLike

    Rewind Back 15 Years

    padutrader, Are you referring to the blue arrow I am pointing to in white? If so , that is a clear sell, not buy. That is a momtuemn sell . If I see that I am selling 100% of time because the trend is down, why should I do anything else different? Yes for this case, i would have taken a loss...
  15. SimpleMeLike

    Rewind Back 15 Years

    padutrader, I am very curious to know why you not enter short at any of the 5 blue arrows? These are some short momuntem breakout trades with trend. And some reversal short trades with trend. I have this note written down next to me when I trade and it says " I have a good or high probability...
  16. SimpleMeLike

    Rewind Back 15 Years

    padutrader, Correct, this was a mistake entry. Add this mistake money loss in the mistake money loss column. Even though trend was down, and you was selling at resitance level, you still have to wait. Also notice the reversal doji bar, did not even make it mid way downwards pass the previous...
  17. SimpleMeLike

    should i trade the trend or noise...there is more of noise

    Lmfao hahahahahahahahahahahahaahahahaahahahahahahahahahahahahahag I enjoy your comments. I have heard that too, trading lower frame is too nosiy. Lmfao. It is a very stupid comment. No such thing. Many traders have said anything less than 5 minutes is noise. All nonsense. The market does what...
  18. SimpleMeLike

    Is there anyone here who is self-taught, consistently profitable and confident of continued success?

    Thank you humbletrader2016 for the advice. I agree with you. A few things I have been doing in my trading once I enter a trade is: 1. Wait for price to move in my favor 2. look for locations to move my stop loss in my favor 3. Look for reasons to exit the trade for profit or loss...
  19. SimpleMeLike

    Is there anyone here who is self-taught, consistently profitable and confident of continued success?

    thanks for the write up. I am glad you found sucess after years of hard work and dedication.
Back
Top