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I appreciate you volpri. I will respond to your post when I get off work tonight. Thanks for the analysis.

This is good post to access and I have started continual assesement of my PT, but need to do a better job of assement of my SL rather than letting it be a hard stop. I often use to read phrases like "trust youst SL", "don't bail out from your SL", "never move your SL", "Let the market take you...

My point exactly. As traders we have to be ready to make money in all market conditions we see on the chart. Tops and bottoms are never very clear as it is shown in theory.

I believe you should be trading tops and bottom as a day trader. I believe as a day trader we must know how to trade everything or all markets conditions. Reversals, breakouts, joining a trend, etc, etc. Reversals occurring during day should be traded. It is easy? Hmmmm, it depends on your...

Good write up volpri, I trade intrday markets as well. I agree with you are saying. From experience, I have notice just because I set my profit target at a price, market may not get to that price and I have to management the trade and make decisions. Here are 2 examples today related to what...

Thank you so much volpri. I will respond when I leave work. Thanks

volente_00, nicely and simple stated. :thumbsup::thumbsup:

Hello volpri, Yes, I agree with you and I understand. I am learning the probability plays a big role in the risk vs reward logic. From my personal experience intraday trading, ALLL of my trades have higher probability of win with greater risk (big stop loss) and small reward (small profit...

padutrader, I congraluate you sir to sticking to your goal of trading consistently profitable after years. You reached your goal and that is all that matters.

padutrader, I agree with you again on this. Yes, that is exactly what I was doing. If my stop loss was -$200, then I blindly set my profit target to $400 to get RR>2

padutrader, I agree with the risk reward thing. I lean more towards high probability of a win, regardless of risk vs reward.

I understand paduatrader. I definetly understand what you mean. I am noticing in my own trading that scalping is profitable if done right. Congraulationns sir. I am happy you find profitable way to trade and that makes you comfortable. It took 12 years, but you accomplished what you been...

Yes, i wouldnt say stopped out alot, but the context could be misleading intraday is what I noticed. I like 3 minute chart

padutrader, Why did your coach say never go to M1?

No worries ironchef, I appreciate the update.

This was in my sim account.

Xzhi, Welcome. Something similar happen to me about 3 weeks ago. I got careless and didn't put a stop loss order and took at $650 loss. It was all my fault. It was not my trading ability, just poor discipline. All you can do is learn from it and get better. Trading well consistently is our...

Thanks overnight,

Thanks tiddlywinks, I understand what you are saying. The only game I want to play is the making consistent money game.

Thanks tiddlywinks, I think I understand what you mean. Let me make sure I understand. Basically, with my losses being bigger than wins, if I hit a streak of +4 losses, I am trouble and will run into issues (emotions, etc.) and hard to get back breakeven? I am working on decreases does losses.