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    How do YOU decide where to place YOUR Stop?

    that means the strategy is wrong or the stop is in the wrong place..too tight for the market in question... a stop for a violent trading range stop should allow for volatility and false BOs, of which there will be plenty..putting a stop below a range tight suffers from this drawbacks..false BOs...
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    How do YOU decide where to place YOUR Stop?

    what i mean to say is that a stop loss will not save you if you make bad decisions...only delay the inevitable actually i made a unnecessary comment...that is out of topic of this thread....i apologise
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    How do YOU decide where to place YOUR Stop?

    a stop loss cannot be a substitute for sound and good trading/market knowledge
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    How do YOU decide where to place YOUR Stop?

    i put it only for unexpected news which may be declared at any time that may change the technical picture totally what is called a catastrophic stop. i usually am correct about market movements but if the market does not behave, as i expect it to, i just bail out. they say markets are random...
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    Why do traders fail?

    the same reason i Failed i read elliot wave fib...Demark indicators support resistance... did not observe the market if there is a strong upmove, the down move when it happens will be strong.....then the next upmove may be likely strong...if it is not strong then the down move after this will...
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    I'm out

    i did that a 6 months break and have hit bulls eye
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    I'm out

    you need to behave the way the casino or house does....they lose quite often but in the long run they win..the edge...
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    Why do traders fail?

    i read 100s of books article....said bye bye to my money and blew more accounts than all the terrorists' bombs.... then i said let me just observe the market....bull's eye. so read a few books...that is necessary...but then forget everything you learnt and observe the market. you do not think...
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    Mark's Price Action Course

    yes that is key....now if i am trading 5 min and trading intraday and a single decent bar may indicate a trend....so would just go with.....i do that often also there are many types of trends...lets us say that there is a channel down....a 'weak' trend down...then the expectation will be, when...
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    Mark's Price Action Course

    i do not expect you to follow this....i have win rate which is higher than most...you need to have a good feel for market and be well capitalized. whether you cringe or do break dance .....
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    Mark's Price Action Course

    like i said...i observe the market and i have seen a pattern....that repeats now that does not mean i can make millions because someone has to lose millions and there are no people kind enough to do that. also it is one thing to know a pattern and quite another to trade it. like i said a 5...
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    Mark's Price Action Course

    i have a feeling you trade in stocks you will always find something that is breaking out. but what you trade is determined by how much capital you have. if you want to trade for a living then you make sure you do not blow your account....so trade small...... what is small? your capital...
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    Mark's Price Action Course

    you have to be a little careful here the market always tests any area twice or trice....so if there is a pivot standing alone you can be sure that the market will test that ....this is the nature of the market ... fast moves once they weaken will be tested often more than once. and then a move...
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    Mark's Price Action Course

    ... you are the right track.....you should be very clear in what you are doing......
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    Is there a real professional profitable day/swing trader in here?

    why bother about others especially ....if they are going to be naked....focus on yourself and the market
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    Mark's Price Action Course

    it is about getting scr*wed i do not analyse i observe the market....
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    Mark's Price Action Course

    this market will/may eventually come back into the area or below the yellow area.....but this is where you have to be wary because 10 % of time market will do something different observe the market closely once it starts to move more slowly then expect to see the yellow arrow again
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    Mark's Price Action Course

    actually i was talking about a single bar....it may be 5 min hourly weekly or monthly,i will repeat it...this is like the DNA.... the basic movement of the market : think about how the market moves.....an up bar, then retracement......sometimes breaking the up bar low....it usually makes two...
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    Mark's Price Action Course

    yes you may be right...5 min gives a good idea of the health of the market like a n xray
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    Mark's Price Action Course

    there is a buyer and a seller
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