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a good answer to a very complex question. Plus sell high, buy low. plus I also take reversal signals. about 40% of my trades are reversal signals. avoid trading in choppy untrendy market.

I use exactly the same strategies for Asian, European, and US sessions.

Nowadays there are fewer DOM traders in the trading houses / hubs. Most have given up.

If it is a good vaccine, it goes to the highest bidder. If it is of questionable quality, it goes to the you-know-that.

In trading, you don't attempt to use reasoning / rationalisation. Your trade plan must be solid. Your trade plan must include fear and greed factor, and exclude reasoning /rationalisation.

I did that before. Why? after attending numerous trading courses conducted by the professional talkers ( not professional traders), I still couldn't make it. So I subscribed to numerous signal service providers. Were signal service providers good? They were all great bullshitters. ALL of them...

Iron ore trading lately day range could be as high as 5%. typical day range: only 1% ie not that great. the biggest exchange is Dalian Commodity Exchange DCE Other exchanges which offers iron ore futures are CME, SGX, HKFE but their volume is very low. Let me try the futures from sgx...

It seems like youtube still doesn't have good AI. I am seeing tons of those annoying ads especially trading & investing related ads !!! But there are some ads which I'd like to see more often but I am not seeing those ads often enough.

If it is a downtrend, make sure you short it, not long it.

There is a major brexit discussion. And you didn't trade gbp?

This is my dictionary. break out --> break up - price breaks the recent high pull back --> retrace - price goes up, then goes down a little before resuming the up journey break out test---> testing the recent high - price is trying to break the recent high reversal down - price goes up...

The next thing is to learn TA without using indicators. I started trading with hundreds of indicators. Now I have none.

use volume charts. But this feature is only available on some paid charting software.

You wouldn't see the real time charts

This is a typical career progression : long term investor ---> swing trader ---> day trader --> financial freedom This is possible but probably not that common : day trader --- > swing trader --- > long term investor --> financial freedom of course, the probability of reaching financial...

well. let's wait for another 11 months. there are tons of futures with virtually zero volume. look at the various MSCI index futures from Eurex, HKFE, SGX. those exchanges just want to have a very long list of futures in their portfolio regardless of its volume.

A reward risk ratio of 1:2 is extremely bad. It simply means the newbie trader is still struggling. He probably started with rr ratio of 2:1. Then it degraded to 1:1 and further degraded to 1:2 to 1:5 to 1:10 to...

Most likely for @shotsfired, shots were fired at self.

The real truth is it is easier to bring home the bacon doing day trading rather than swing trading or investing. But you have to work extremely hard in order to be successful. Almost all the traders in the trading houses / hubs are day traders.

Usually when there is a problem, it will happen again and again. A few days later, the problem will simply disappear. Having a backup system is important.