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Why is the reward greater than the risk? What makes you think it to be so?

Don’t forget the gun factor. It doesn’t matter your normal way of trading this is what you have here in this scenario. Now predict! Will price likely go up or likely go down within 2 hours? It is a 5 minute chart. Long or short? PS why would you have been a buyer at a previous swing low? Rationale?

What about the chart above? Long or short? Why?

What about the monkey and the cat. What is likely to happen?

Since you word it that way YES. Sometimes the word anticipate softens the truth that we are all trying to predict price or we wouldn't take a position. We wouldn’t decide long or short..ROFLMAO. It is amazing but folks get bent out of shape over semantics. Definition: “Just like a hypothesis, a...

DD you are quite correct. You are only at risk when you are “in the market” Grab them profits and get out. Then jump back in and grab some more.

What is LIKELY to happen next? A gun is held to your head by the kidnappers. They speak: “You got 5 minutes. Choose. Should we go long on the stock or should we short? If you are right you will live. If you are wrong you will die. Now choose!” “You have to be proven right within two hours of...

What likely to happen next? Probabilities?

Entertaining debate fellers but I gotta jump. Other things to do. Debates can be good. Iron sharpens iron. Carry on.

Charts ARE data. Entirely composed of data. Points of data combined produces charts. One can trade off individual data points in relation to other data points. Or one can trade off graphical representations of combined data points. Namely charts. Do you not know that grasshopper? You are not yet...

Jingle jingle jingle LOL

A small but significant compromise! Bravo!

Flat earthers..... https://www.bbc.com/news/world-us-canada-51602655 Too bad he didn’t believe Nasa. But grandpa didn’t either. I remember him watching the moon landing and say “phew!” “they are deceiving you all but not me. They are in the mojave desert!” Unfortunately grandpa died too...

Hint: patterns form because of forces. Forces create inertia. Inertia creates opportunities. Setups create entries and exits correlated with patterns that depict inertia. Tapping inertia producing jingles in the cash register. That makes momma happy. THAT IS ALL THAT MATTERS. Life lessons by...

The dice are cast...the line in the sand is drawn. Unfortunately you both don’t understand the line. ROFLMAO

Hint: the triangle cannot...will not...stay a triangle. 100% guaranteed. The market will not allow that.

I can tell you with 100% certainty I am not Mr Brooks but I will say if you will study him well and practice .....the probability is fairly high you will become a little fish that swims with the inertia.

PS I can tell you with 100% certainty something will happen to the triangle.

PS charts are a graphical representation of data. As such they have significant meaning and are a visual measure of inertia ....and since inertia is what it is depicted in charts that makes the patterns useful for extrapolation. You can literally see inertia waxing and waning. Pulsating and...

Unfortunately, for you the answer is YES IT DOES. Because of a thing called market inertia. The market tends to keep doing what it is doing until it doesn’t. It doesn’t matter that one knows, or that one does not know, the name of the “pusher” but you can reasonably bet it ain’t you or me. LOL...