Quote from ProfLogic:
Some of us have found a strategy that works on all of our specific chart increments in all markets. Some charts show more, of what we see as noise than others so we simply stay away from those incremental charts. Those are usually the faster fractals.
Here lies the difference, you seemingly trade markets, we trade charts. We have found that price works the same regardless of the market/chart, one just has to find the specific fractal chart to trade in a specific market chart environment that matches the way we trade; intraday, swing, position, long term or what I call buy and go to sleep.
I agree that there are many other aspects to consider in oneâs trading; money management, trade management and the psychology behind the trades as well. Some work identically and others work a little differently with each specific strategy. All those are skills that are a must to consistent profitability. We are talking about a strategy not individual skills.
I don't know Chewy's background but I am anything but a "newbie". I've researched what I do for over 12 years and have internally confirmed precisely my strategy and where and what increments it works best.
